Southeast Asia & Oceania

Korean chemical production firm OCI Holdings has acquired a 65% stake in a Vietnamese solar wafer production plant, intending to export solar wafers to the US.

NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.

Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.

The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.

Singapore-based Sembcorp Industries has agreed to acquire ReNew’s 300MW solar power unit in India for around US$246 million.

Avaada has inked an MoU with the Gujarat government to develop solar, wind, and BESS worth INR360 billion (US$4.05 billion). 

The NSW Independent Planning Commission has granted planning approval for Potentia Energy's 500MW Tallawang solar-plus-storage project.

Saatvik Green Energy has secured new solar PV module orders worth more than INR7 billion (US$84 million), to be delivered in this financial year.

Australia's NEM achieved a new minimum operational demand record of 9,666MW, marking a 4% decrease from the previous record.

Frontier Energy plans to expand its Waroona Renewable Energy Project into a renewable energy precinct by 2031, targeting up to 1GW solar.