Southeast Asia & Oceania

Investment manager Quinbrook Infrastructure Partners has acquired a 200-hectare site to build a polysilicon manufacturing facility in Townsville, Australia.

India's solar module exports to the US and Europe will likely to peak in 2025 and experience a decline starting from 2026 as domestic manufacturing plants will be operational in these regions, according to a recent research from energy analyst JMK Reseach.

Trina Solar has signed a module supply agreement with the Citicore Renewable Energy Corporation to supply 700MW of modules to the company.

Trina Solar has signed an agreement with the MPower Group to supply modules and trackers for the latter’s 200MW solar portfolio in Australia.

Colorado-based mini-grid specialist Husk Power has secured more than US$100 million in equity and debt funding aimed to grow its community solar mini-grids in rural sub-Saharan Africa and South Asia.

The Australian Renewable Energy Agency (ARENA) has committed AU$358 million (US$227.8 million) to new projects during the year from 1 July 2022 to 30 June 2023, while it has also assigned AU$41.5 million for ultra low cost solar, a new focus since last year.

Mining major Rio Tinto and Aboriginal energy partnership the Yindjibarndi Energy Corporation (YEC) have signed a memorandum of understanding (MOU) to pursue the development of solar and wind projects in the Pilbara region of Western Australia.

From 2023-2025, investments in Southeast Asian renewables will exceed US$76 billion, and this investment amount will likely continue to rise. 

CleanCo Queensland is seeking expressions of interest to add 3GW of new solar and wind capacity to the company’s renewables portfolio.

Coro Energy plans to build 50MW of new rooftop solar capacity atop Mobile World Investment's buildings in Vietnam.