southeast asia

Singapore-based renewable energy developer PCG Global has closed its Pre-Series A financing round, with GenZero, a fully owned decarbonisation investment platform under Temasek, acting as the lead investor.

Vena Energy has reached financial close on its 500MW Ixus Bugallon solar PV project in the Pangasinan municipality of the Philippines.

The government of Malaysia has unveiled the next round of its Large-scale solar (LSS) program tender seeking 2.5GW solar PV co-located with 1.25GW battery energy storage system (BESS).

Levanta and ib vogt have secured finance for projects and ACWA Power has leased 500 hectares for its own project.

Danantara, has secured US$1.4 billion to back the government’s push for 50GW of new renewable energy capacity by 2035, with a focus on solar.

Developer EDRA Global Energy, a subsidiary of CGN, has started construction on a 300MW floating PV (FPV) project in Malaysia.

Global investment firm Brookfield Asset Management has acquired Singapore-headquartered independent power producer (IPP) Alba Renewables.

The Philippines has awarded Acciona Energía a 20-year power supply contract for a 180MW solar PV project on the island of Cebu.

Mooring solutions provider Mooreast has commenced feasibility studies to develop up to 500MW of floating renewables in Timor-Leste.

Leading Chinese solar manufacturer Trinasolar has signed a module supply agreement with Malaysian renewable energy developer Mestron Energy.