Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.
Development financier and aid agency to invest heavily in clean energy projects, energy efficiency and power sector reform in the region.
Project described as South Pacific’s biggest PV plant to date will supply power to state-owned utility TPL for 25 years.
Oil major Shell has invested in Singapore-based solar developer Sunseap.
Phoenix Solar will design and procure a 39.5MW project near Perth, West Australia, as part of a new joint venture and a renewed push in the Asia-Pacific region.
Equis clarified that it is restructuring its entire portfolio, with assets in single countries not up for grabs separately.