Southeast Asia & Oceania

The Australian Renewable Energy Agency (ARENA) has announced that three companies will receive AU$45.5 million (US$29.5 million) in funding through the Solar Sunshot Program.

Indian solar PV module manufacturer Vikram Solar will supply 250MW of n-type modules to Bondada Group for its solar project in Maharashtra.

Waaree Energies has commissioned a 1.8GW solar module manufacturing line at its factory in Chikhli, Navsari district, Gujarat.

Australia’s Productivity Commission said the country should phase out subsidies for renewables and replace them with market-based incentives.

Western Australia network operator Western Power has confirmed it has granted two more network connection offers to two new large-scale renewable energy projects, bringing its total for 2024/25 to 759MW.

Dutch pension fund APG has agreed to provide Octopus Australia with AU$1 billion to support its solar, wind, and BESS portfolio.

Lucy Nation has said bp paid the price for proceeding “too quickly,” resulting in its exit from the 26GW AREH project in Pilbara.

Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.

KKR has invested AU$500 million in Australia’s CleanPeak Energy to support the rollout of DERs such as rooftop solar PV and battery storage.

A round-up of news from the Indian solar sector this week, including Reliance Industries' cell plant, Juniper Green Energy powering solar PV and Solex Energy launching new modules.