Southeast Asia & Oceania

Private equity giant BlackRock Real Assets has acquired New Zealand solar and energy storage provider solarZero.

Renewables developer Amp Energy India has formed a joint venture (JV) with Websol Energy Systems Ltd. for manufacturing up to 1.2GW of monocrystalline PERC solar cells and modules in the north-western Indian state of West Bengal.

Maxeon Solar Technologies CEO Jeff Waters is stepping down from the role after four years, with the company on the search for a new head.

Spanish utility giant Iberdrola has committed to invest between €2-3 billion (US$1.99-2.99 billion) in renewables in Australia.

Naturgy has bought a large-scale hybrid solar-plus-storage project in development in Australia.

Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has acquired PV equipment specialist BT Imaging for 63 million in common shares and over US$1.2 million in cash.

Australia's New South Wales has received 17GW of applications for renewables generation and storage projects for its planned Illawarra REZ.

Australia will need 1.9TW of solar PV in order to reach net zero by 2050, according to the report 'Net Zero Australia'.

Solar module prices for international markets are expected to fall in tandem with forecasted polysilicon price reductions as of 2023, according to research from Clean Energy Associates (CEA).