Solar PV capacity in Asia Pacific could triple to 1,500GW by 2030, with China driving deployment and Indonesia set to be the region’s fastest-growing market, according to Wood Mackenzie.
A renewable energy hub consisting of up to 50GW of solar and wind generation for the production of green hydrogen is being planned for Western Australia.
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
Construction risks may have escalated post-COVID and challenges around power purchase agreements (PPAs) remain, however banks in Asia remain committed to lending to solar projects.
Module manufacturer Q CELLS has signed a memorandum of understanding (MOU) with electronics giant Samsung to develop a ‘zero energy homes’ strategy for global markets.
Australia’s electricity markets are undergoing a profound transformation from a centralised system of large fossil fuel plants towards an array of smaller-scale, widely dispersed solar and wind generators, grid-scale batteries and demand response, according to a new report from the Australian Energy Regulator.
Global developer Mainstream Renewable Power has acquired an 80% stake in Technology and Development Joint Stock Company (D&T), which holds a 405MW portfolio in Dak Nong province, Vietnam
