Southeast Asia & Oceania

Australia's utility-scale solar sector must halve generation costs to around AU$25-30/MWh (US$18-22/MWh) to unlock a pipeline of projects capable of delivering the 10GW of annual capacity additions needed for decarbonisation, according to the Australian Renewable Energy Agency (ARENA).

Neoen has brought its 440MWp Culcairn Solar Farm online in NSW, marking the completion of the company's second-largest solar asset globally.

Nova Energy & Meridian Energy have marked the installation of the first modules at the 400MW Te Rahui Solar Farm in Rangitāiki in New Zealand.

Australia’s New South Wales government has introduced legislation to accelerate the delivery of renewable energy infrastructure as the state's coal-fired power stations prepare to exit the system.

The Australian government has announced the results of CIS Tenders 5 and 6 for Western Australia, awarding contracts to 10 projects.

Solex Energy has signed an MoU with the Government of Gujarat to establish a 5GW solar cell manufacturing facility alongside a 10GW energy storage plant in the state.  

Australia's utility-scale solar PV and wind assets generated a combined 4.7TWh in April 2026, up 24% from 3.8TWh in the same month last year, according to data from Rystad Energy.

April 2026 delivered a continuation of Australia's seasonal solar contraction as the NEM moved deeper into autumn.

TPREL has proposed investment of up to INR65 billion (US$685 million) to establish a 10GW solar PV ingot and wafer manufacturing plant. 

Australia's surging solar adoption has driven battery energy storage systems (BESS) in the National Electricity Market (NEM) to more than triple their daytime-to-evening energy shifting in the first quarter of 2026, according to AEMO's latest Quarterly Energy Dynamics report.