Southeast Asia & Oceania

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.

TotalEnergies and Nextnorth have reached financial close on, and started construction at, a 440MW solar PV project in the Philippines.

The Bangladesh Power Development Board (BPDB) has launched a tender for 495MW of new solar PV capacity, to be deployed across ten projects.

The US$1 billion Clean Energy Fund will expand renewable energy infrastructure across the Southwest Interconnected System (SWIS). 

Vikran Engineering has agreed to acquire a 49% equity stake in NOPL Solar Projects Private Limited for INR49 million (US$508,101).

Data centres have emerged as the primary driver of electricity demand growth for utility Origin Energy in Australia.

Indian renewable energy major Adani Green Energy (AGEL) reported a 48% year-on-year increase in operational capacity to 17.24GW, driven predominantly by solar.

Indian module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals.