Southeast Asia & Oceania

Up to one-fifth of solar PV modules degrade 1.5 times faster than average, according to new research from the University of New South Wales.

Premier Energies and Waaree have both won module supply orders, while KP Group has signed a MoU with the Government of Botswana. 

Sembcorp has acquired a 100% stake in ReNew Sun Bright for approximately US$191.6 million, through its subsidiary, Sembcorp Green Infra.

Saatvik Green Energy has successfully commissioned and operationalised a 2GW EPE film manufacturing facility at its Ambala plant in Haryana.

ArcelorMittal is investing INR81 billion (US$903 million) in three renewable energy projects across three states in India.

Saatvik Green Energy, through its subsidiary Saatvik Solar Industries, has secured solar PV module orders worth INR4.8 billion (US$54.2 million).

European Energy has secured approval for its 1.1GW Upper Calliope solar project in Queensland near Gladstone, Australia. 

Emmvee, through its subsidiary Emmvee Energy, has begun operations at its 2.5GW solar module manufacturing plant in Bengaluru, Karnataka.

Solar manufacturer SEG Solar has started construction on a 3GW ingot and wafer manufacturing plant in Indonesia.

A roundup of three solar PV project financing stories from Australia, Texas and California, with updates from Potentia Energy, Origis Energy and Baywa r.e.