Southeast Asia & Oceania

Singaporean Renewables company Nexif Ratch Energy has completed a financial close and begun construction of a 74MWp ground-mounted solar PV project in the Philippines.

The National University of Singapore and REC Solar have launched a US$57.4 million (S$77 million) solar cell research initiative.

SmartestEnergy has signed a power purchase agreement with Mytilineos for the latter’s proposed Kingaroy solar farm in Queensland, Australia.

Solar Philippines Neva Ecija Corporation (SPNEC) has planned to start construction later this year on its 3.5GW solar farm in the Philippines.

Indian National Oil Company Oil India has invited businesses to offer consultancy services for 100MW ground-mounted or floating solar and wind power plants in India.

The Q2 2023 edition of our downstream solar journal, PV Tech Power, is now available to download.

The global floating solar (FPV) market will surpass 6GW by 2031, with China, India and Southeast Asia set to deploy the lion’s share.

The Vietnamese government has approved a plan to develop renewable energy sources for electricity production, including building rooftop solar for residential and commercial premises.

Australia’s Federal Budget 2023-2024 included AU$4 billion (US$2.71 billion) new investment in the energy transition, and confirmation of tenders for renewables and energy storage.

Indian renewable company Adani Green Energy Limited (AGEL) posted an improved EBITDA from power supply in the last financial year, while its operational capacity increased by 49% year-on-year, according to its latest financial results.