Southeast Asia & Oceania

State-owned coal producer Coal India Limited (CIL) has secured a contract worth INR28.3 billion (US$296 million) to develop a 600MW PV project at the Jalaun Solar Park in the northern state of Uttar Pradesh, India.

India's MNRE has urged the power regulator to retain separate 'Deviation Settlement Mechanism' rules for solar and wind projects to protect them against increased financial risks.

The Australian government has officially launched the Solar Sharer Offer, a regulated energy initiative that gives eligible households three hours of free electricity every day during peak solar generation.

Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.2GW of renewables by 2032.

Vena Energy has raised A$1.4 billion (US$970 million) to support 614MW of solar PV capacity and 1,141MWh of BESS in Australia.

SAEL Industries has broken ground on a 10GW integrated solar manufacturing facility in Jewar, Uttar Pradesh.

Developing more robust PV module recycling methods in Australia could be of economic benefit to the companies involved in recycling.

Australia needs to build nearly 120GW of utility-scale wind and solar by 2050, approximately five times the current level, says AEMO.

Waaree Renewable Technologies has acquired a 55% stake in Associated Power Structures for INR12.25 billion (US$129 million).

VinEnergo and SunAsia Energy have partnered to develop 422MWp of floating solar projects in the Philippines.