Southeast Asia & Oceania

Maxeon Solar Technologies has added business incubator group leader Steve Leonard to its board of directors in a boardroom reshuffle.

Solar PV and wind will continue to be the cheapest sources of new electricity generation capacity in Australia, even when integration costs are included, according to new research from the country’s science agency, CSIRO, and the Australian Energy Market Operator.

Module manufacturer Seraphim is aiming to build on a string of recent supply deals to further increase shipments to markets accross Southeast Asia, Australia and Europe.

India’s rising renewable power capacity could render the country’s 33GW of coal-fired power plants under construction unviable.

New Energy Solar has secured a deal to sell two PV projects in New South Wales for AU$288 million (US$223 million), marking the solar investor’s exit from Australia.

Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group, has announced plans to co-develop 1.25GW of solar in the Philippines through a new collaboration with local PV player SunAsia.

The New South Wales government has launched a registration of interest process for Australia’s largest renewable energy zone (REZ), which is expected to deliver as much as 8GW of capacity.

Lightsource BP has secured AU$330 million (US$255 million) to fund the development of two utility-scale solar projects in Australia.

Australian ‘plug and play’ solar manufacturer 5B has secured AU$12 million (US$9.27 million) to expand into new renewables markets.

Financial commitments for utility-scale renewables projects in Australia have slowed to the lowest level in the past five years, according to the Clean Energy Council (CEC), which revealed investment in large-scale batteries in the country is booming.