Category: News Asia

J&V Energy Technology to acquire 187 MW solar portfolio in Taiwan 

J&V Energy Technology to acquire 187 MW solar portfolio in Taiwan 

May 13, 2026 | , ,

J&V Energy Technology Co., Ltd. has signed an agreement to acquire a portfolio of operational solar plants in Taiwan. The portfolio includes 42 operating solar plants located across Central and Southern Taiwan with a combined capacity of 187 MW. The portfolio will be acquired from a fund managed by BlackRock’s Global Infrastructure Partners. Furthermore, the plants are expected to generate around 270 million kWh of clean electricity annually which is sufficient to power nearly 80,000 households for more than 15 years.

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Vena starts construction of 380 MWp solar projects in Philippines

Vena starts construction of 380 MWp solar projects in Philippines

May 8, 2026 | , ,

Vena Energy has commenced construction for the 80.6 MWp Astra Solar and 300 MWp Opus Solar projects located in Ilocos Norte, Philippines. These projects together will expand the company’s total solar capacity in Ilocos Norte to approximately 480 MWp. Groundbreaking ceremonies were held on 5th May 2026 for the Astra Solar project in Currimao and on 6th May 2026 for the Opus Solar project in Paoay. 

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ADB to finance ACWA’s 300 MW wind project in Uzbekistan

ADB to finance ACWA’s 300 MW wind project in Uzbekistan

May 6, 2026 | , ,

Asian Development Bank (ADB) has signed a $116 million financing package with ACWA Power to support the development, construction, operation, and transfer of a 300 MW wind power project in the Bukhara region, Uzbekistan. The financing includes a $50 million loan from ADB’s ordinary capital resources, $41 million from commercial lenders, and $25 million from the ADB’s Leading Asia’s Private Infrastructure Fund 2 (LEAP 2).

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AMPIN commissions 500 MW wind-solar hybrid project in India

AMPIN commissions 500 MW wind-solar hybrid project in India

May 4, 2026 | ,

AMPIN Energy Transition has commissioned approximately 500 MWp of inter-state transmission system-connected wind–solar hybrid capacity at Fatehgarh-IV substation in Rajasthan, India. The project consists of nearly 400 MWp of solar capacity, with about 100 MW of wind capacity to enable round-the-clock renewable energy supply. It is expected to generate approximately 1.25 billion units annually and avoid nearly 1.15 million tonnes of carbon dioxide emissions each year.

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TotalEnergies and Nextnorth commence construction of 440 MWp solar project in Philippines

TotalEnergies and Nextnorth commence construction of 440 MWp solar project in Philippines

May 1, 2026 | , ,

TotalEnergies and Nextnorth have achieved financial close and begun construction of a 440 MWp solar project located in Isabela, Philippines. TotalEnergies owns 65 per cent of the project while Nextnorth has a 35 per cent stake in the project. The project is expected to commence operations by the end of 2027. The project is estimated to generate 13.5 TWh of electricity over a period of 20 years.

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HD Renewable Energy and Tokyo Gas join forces for 340 MW BESS projects in Japan

HD Renewable Energy and Tokyo Gas join forces for 340 MW BESS projects in Japan

April 16, 2026 | , ,

HD Renewable Energy has partnered with Tokyo Gas Co to advance approximately 340 MW of battery energy storage (BESS) projects in Japan. The collaboration includes operational services and long-term offtake agreements across multiple projects. Around 149 MW of projects in Aomori Prefecture have been secured under Japan’s Long-Term Decarbonization Auction (LTDA) scheme.

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Levanta Renewables awards EPC contract to CEEC for solar plus BESS project in Philippines

Levanta Renewables awards EPC contract to CEEC for solar plus BESS project in Philippines

April 9, 2026 | , , ,

Levanta Renewables has announced the signing of an engineering, procurement, and construction (EPC) contract  with the China Energy Engineering Group (CEEC) for the development of the Barotac solar and battery energy storage system (BESS) project in the Visayas, Philippines. The contract covers the full EPC scope for the project, which will integrate 166 MWp of solar capacity with an 80 MWh of BESS capacity.

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Topsoe and Hynfra join forces for green ammonia project in Jordan

Topsoe and Hynfra join forces for green ammonia project in Jordan

March 31, 2026 | , ,

Topsoe has entered into a front-end engineering and design agreement with Hynfra to develop a green ammonia project in the port of Aqaba, Jordan. Under the agreement, the facility will use Topsoe’s ModuLite™ platform to convert green hydrogen into ammonia. The project is a joint venture between Hynfra and Fidelity Group. It is expected to reach a final investment decision by 2027, and is expected to commence operations in 2030.

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IFC to finance renewable powered polysilicon manufacturing facility in Malaysia

IFC to finance renewable powered polysilicon manufacturing facility in Malaysia

March 31, 2026 | ,

International Finance Corporation (IFC) has announced plans to finance OCI Terra Sus Sdn. Bhd.’s manufacturing plant in Malaysia. Under the arrangement, IFC will finance the facility through a loan of approximately $125 million. The manufacturing facility will be powered by clean and renewable energy and will produce raw materials for silicon wafers and semiconductor chips.

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Rays Power Infra secures 200 MW RTC renewable project in India

Rays Power Infra secures 200 MW RTC renewable project in India

March 27, 2026 | ,

Rays Power Infra Limited will develop a 200 MW round-the-clock (RTC) renewable energy project for Indian Railways. The project has been awarded to its subsidiary Bhalki Solar Power, and involves supplying continuous renewable power to Railways Energy Management Corporation Limited. The project is targeted for commissioning by June 2028. The project will be supported by over 1,000 MWh of battery energy storage systems.

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PowerX to establish 2 GWh BESS manufacturing facility in Japan

PowerX to establish 2 GWh BESS manufacturing facility in Japan

March 26, 2026 | ,

PowerX has announced plans to establish a manufacturing facility, Power Base Hokkaido, in Hokkaido, Japan to expand production of grid-scale battery energy storage systems (BESS). The facility will manufacture the Mega Power 2500, a containerised large-scale BESS, with an annual production capacity of 800 units, equivalent to around 2 GWh. The company has finalised agreements for acquiring the land and building for the project.

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Cleantech Solar to develop rooftop solar project for Coats Group in Indonesia

Cleantech Solar to develop rooftop solar project for Coats Group in Indonesia

March 24, 2026 | , ,

Cleantech Solar has entered into a second long-term agreement with Coats Group plc for a rooftop solar project in Indonesia. As per the agreement, Cleantech Solar will develop and operate a rooftop solar project at Coats Rejo Indonesia’s facility in Pasuruan, East Java. Once operational, the combined project will allow Coats to replace 17.3 per cent of its total electricity consumption with renewable energy. 

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Patel Engineering secures contract for 1.1 GW Dorjilung hydro project in Bhutan 

Patel Engineering secures contract for 1.1 GW Dorjilung hydro project in Bhutan 

March 23, 2026 | ,

Patel Engineering Limited has received a letter of award from Dorjilung Hydro Power Limited for pre-construction works valued at Rs 2.30 billion for the 1,125 MW Dorjilung hydroelectric project in Bhutan. Dorjilung Hydro Power Limited is a joint venture between Druk Green Power Corporation Limited and Tata Power Company Limited. The project, is located around 7 km from Autsho town in Mongar Dzongkhag, Bhutan.

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HD Renewable secures financing for Helios BESS project in Japan

HD Renewable secures financing for Helios BESS project in Japan

March 19, 2026 | ,

HD Renewable Energy has secured approximately JPY 5.4 billion in project financing for its Helios 50 MW grid-scale battery energy storage system (BESS) project located in Hokkaido, Japan. The financing was raised through a green project bond supported by Nomura Capital Investment and Nomura Securities. The project has a capacity of 50 MW and actively participates in electricity trading. 

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Climate Fund Managers commits $32.2 million to waste-to-biogas project in India

Climate Fund Managers commits $32.2 million to waste-to-biogas project in India

March 16, 2026 | , ,

Climate Fund Managers has committed $32.2 million from its EU-supported Climate Investor Two Construction Equity Fund to a commercial-scale waste-to-biogas facility, Akaia Green Fuels. The facility is located in Uttar Pradesh, India. The investment will support efforts to curb air pollution and greenhouse gas emissions by converting agricultural waste into compressed biogas.

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Prime Infra secures financing for 2 GW PSP portfolio in Philippines 

Prime Infra secures financing for 2 GW PSP portfolio in Philippines 

March 13, 2026 | , ,

Prime Infra has secured financing agreements worth approximately Php 273.47 billion to support the development of a pumped storage project (PSP) portfolio with a combined capacity of 2,000 MW. The financing package includes two separate agreements. One agreement involves project financing of about Php 214.87 billion arranged through a bank syndicate. Another agreement is a dual-currency equity standby letter of credit facility.

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ERA secures SGD50 million for Indonesia-Singapore clean power projects

ERA secures SGD50 million for Indonesia-Singapore clean power projects

March 12, 2026 | ,

Equator Renewables Asia (ERA) has secured SGD 50 million in investment to support the development of solar, green hydrogen and sustainable industrial zone projects in Indonesia. The financing includes SGD 30 million from two anchor investors, Indonesian agribusiness conglomerate KPN Corporation and Tsao Pao Chee (TPC). The remaining funds were contributed by ERA’s founder Frank Phuan and the company’s management team. 

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Jiangsu Guofu inks hydrogen supply agreement for data centre power project 

Jiangsu Guofu inks hydrogen supply agreement for data centre power project 

March 12, 2026 | , ,

China based Jiangsu Guofu Hydrogen Energy Equipment Company Limited has entered into a tripartite supply cooperation agreement with BTE and Hylium for the development of a 10 MW-class data centre power generation project in the North American market. Jiangsu Guofu Hydrogen Energy will undertake the design, manufacturing, and supply of a natural gas reforming hydrogen production package for the project. 

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