Category: News Asia

SRE signs CPPA for 800 MW Taiwanese offshore wind project 

SRE signs CPPA for 800 MW Taiwanese offshore wind project 

September 9, 2026 | , ,

Synera Renewable Energy Group (SRE) has signed a corporate power purchase agreement (CPPA) for its Formosa 6 offshore wind project with Star Trade in Taiwan. The project was awarded 800 MW in Taiwan’s second auction round under the Phase 3 Zonal Development programme in 2024. This project marks SRE’s fourth offshore wind project in Taiwan. Furthermore, the project is expected to generate sufficient clean electricity to supply approximately 860,000 households annually.

Read More
Shell Energy Philippines and Greenlight Renewables sign solar power agreement 

Shell Energy Philippines and Greenlight Renewables sign solar power agreement 

September 8, 2026 | , ,

Shell Energy Philippines, through its subsidiary, San Isidro Solar Power Corporation has entered into a 15-year power supply agreement with Greenlight Renewables Holdings. The agreement includes an additional 120 MWp of clean energy which will be sourced from the second phase of the San Isidro solar project located in Leyte. This marks the second power supply contract signed between the companies.

Read More
Torrent Green commissions 322 MWp decentralised solar projects in India

Torrent Green commissions 322 MWp decentralised solar projects in India

September 8, 2026 | ,

Torrent Green Energy Private Limited, a wholly owned subsidiary of Torrent Power Limited, has commissioned 322 MWp of ground-mounted decentralised solar projects across Nashik district, Maharashtra, India. The project is developed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 scheme, and spans 50 locations across 14 talukas of Nashik district. Power generated from the project will be supplied to MSEDCL under a 25-year power purchase agreement.

Read More
Phase 1 of MTerra Solar commences operations in Philippines

Phase 1 of MTerra Solar commences operations in Philippines

September 4, 2026 | , ,

The first phase of the MTerra Solar project has commenced commercial operations with a capacity of 600 MWac. The project began commercial operations in August 2026 under its power supply agreement with Meralco. The project is being jointly developed by MGEN and Actis, with Actis investing $600 million in the project. The project is expected to deliver 3,500 MWp of solar paired with 4,500 MWh of BESS upon completion.

Read More
Blueleaf Energy achieves financial close for 400 MWh BESS in Malaysia

Blueleaf Energy achieves financial close for 400 MWh BESS in Malaysia

September 2, 2026 | , ,

Blueleaf Energy and Universal Peak Sdn Bhd have achieved financial close with UOB for a utility-scale battery energy storage (BESS) project in Malaysia. The project will have an installed capacity of 100 MW/400 MWh. Project construction will commence under a build, own, and operate model. Universal Peak will support the project as a turnkey provider of electrical infrastructure solutions. The project is expected to be commissioned in mid-2027.

Read More
Indonesia launches first phase of 100 GWp solar programme

Indonesia launches first phase of 100 GWp solar programme

August 25, 2026 | , ,

Indonesia has launched 14 solar power projects as the first phase of Indonesia’s 100 GWp solar programme. The projects are  targeted for completion by 2029. The programme involves a total investment of Rp1,140 trillion, while the projects announced in the first phase are estimated to require an investment of Rp135 trillion.  Furthermore, the projects have a combined capacity of 5.3 GW.

Read More
Gurīn Energy secures licenses for 379 MW solar projects in South Korea 

Gurīn Energy secures licenses for 379 MW solar projects in South Korea 

August 19, 2026 | , ,

Gurīn Energy has secured 379 MW of electricity business licences (EBLs) in South Korea. The licenses cover three utility-scale solar projects. The three projects are located in Jindo Island and Goheung-gun within Jeonnam-Gwangju Integrated Special City. The projects include 216 MW Jindo Green solar project, 65 MW Jindo Jido-yeomjang solar project and 98 MW Goheung Nuri solar project.

Read More
South Korea plans green hydrogen complex at Saemangeum

South Korea plans green hydrogen complex at Saemangeum

August 18, 2026 | , ,

Korea South-East Power (KOEN) and the Saemangeum Development Agency have signed a memorandum of understanding to develop a large-scale green hydrogen complex in Saemangeum, South Korea. The proposed project will integrate solar power generation, green hydrogen production and hydrogen-fired power generation in Buan, North Jeolla Province. Furthermore, the project is planned for 1 GW of onshore solar capacity with 320 MW of water electrolysis capacity and 100 MW of hydrogen-only power generation.

Read More
Singapore EMA approves 900 MW Malaysia clean power imports

Singapore EMA approves 900 MW Malaysia clean power imports

August 14, 2026 | , , ,

Singapore’s Energy Market Authority (EMA) has granted conditional approvals to Sembcorp Utilities Pte Ltd and Southern Solar Alliance Pte Ltd to import a combined 900 MW of electricity from Peninsular Malaysia. Sembcorp Utilities has received approval for a proposed capacity of 300 MW, while Southern Solar Alliance, a wholly owned subsidiary of Malaysian developer Ditrolic Energy Holdings Sdn Bhd, has received approval for 600 MW. 

Read More
JSW Neo Energy and DGPC sign agreement for 920 MW Bhutanese hydro project

JSW Neo Energy and DGPC sign agreement for 920 MW Bhutanese hydro project

August 12, 2026 | , ,

JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy, has signed a shareholders’ agreement with Druk Green Power Corporation (DGPC) for the joint development of the Punatsangchhu-III hydroelectric project. The project has an installed capacity of 920 MW and is located in the Wangdue Phodrang district in Bhutan. Furthermore, DGPC holds a 51 per cent stake in the project while JSW Neo Energy holds a 49 per cent stake.

Read More
Purvah Green to acquire ReNew’s 1.4 GW solar portfolio in India

Purvah Green to acquire ReNew’s 1.4 GW solar portfolio in India

August 11, 2026 | , ,

Purvah Green Power Private Limited has signed an agreement to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited, a subsidiary of ReNew, for an enterprise value of Rs 48.59 billion. The portfolio comprises six project special purpose vehicles (SPVs) located in Rajasthan and Karnataka. More than 90 per cent of the capacity is contracted with the Solar Energy Corporation of India, while the remaining capacity is contracted with Karnataka distribution companies. 

Read More
EAAIF to support 2 GW of renewable energy projects in Southeast Asia

EAAIF to support 2 GW of renewable energy projects in Southeast Asia

July 31, 2026 | , , , ,

The Emerging Africa & Asia Infrastructure Fund (EAAIF) has signed a senior secured debt facility of up to $50 million with Ukko Renewable in Southeast Asia. The financing will support the development of an initial renewable energy pipeline exceeding 2 GW, forming part of a broader 3 GW-plus portfolio of wind, solar and hydropower projects across Vietnam, the Philippines and other Southeast Asian markets.

Read More
Brookfield launches $600 million renewables platform in India

Brookfield launches $600 million renewables platform in India

July 30, 2026 | , , , ,

Brookfield has launched Lumara, a new renewable energy platform focused on accelerating the development and construction of renewable energy projects. The platform aims to address key market bottlenecks, including delays in power purchase agreement contracting, slow grid connection queues, and prolonged land acquisition timelines. Lumara will deploy approximately $600 million, anchored by an initial portfolio of more than 6 GW across solar, wind, and battery energy storage system projects.

Read More
Indonesia unveils 194 km green hydrogen corridor 

Indonesia unveils 194 km green hydrogen corridor 

July 29, 2026 | , ,

The Government of Indonesia has unveiled plans to develop a 194 km Green Hydrogen Corridor linking Jakarta, Karawang and Patimban as part of its strategy to accelerate the transition to a low-carbon economy and strengthen national energy security. The initiative was announced during the 2026 Global Hydrogen Ecosystem Summit (GHES) and is designed to establish an integrated hydrogen supply chain connecting green hydrogen production plants, hydrogen refuelling stations, industrial zones, logistics hubs, ports and end users. 

Read More
Vena Energy reaches financial close for 500 MWp Philippine solar project

Vena Energy reaches financial close for 500 MWp Philippine solar project

July 28, 2026 | , ,

Vena Energy has achieved financial close for the 500 MWp Ixus Bugallon solar power project in Bugallon, Pangasinan, Philippines. The project secured approximately $310 million in senior debt financing from a syndicate of banks including BNP Paribas, Crédit Agricole Corporate and Investment Bank, DBS Bank Ltd., ING Bank N.V., Intesa Sanpaolo S.p.A., MUFG Bank Ltd., Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation.

Read More
Malaysia launches 2.5 GW solar and 1.25 GW BESS tender

Malaysia launches 2.5 GW solar and 1.25 GW BESS tender

July 22, 2026 | , , ,

Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has announced the sixth round of its Large-Scale Solar (LSS6) programme, targeting 2.5 GW of solar capacity paired with 1.25 GW of battery energy storage systems (BESS). The tender will be implemented in three lots, with the first lot comprising 2.2 GW solar and 1.1 GW BESS package open to all developers. 

Read More
MGEN commissions phase 1 of MTerra hybrid project in Philippines

MGEN commissions phase 1 of MTerra hybrid project in Philippines

July 15, 2026 | , , ,

Meralco PowerGen Corporation (MGEN), together with its partners, has inaugurated Phase 1 of the MTerra Solar Project in Nueva Ecija, Philippines. Phase 1 of the project comprises 1,373 MW of solar photovoltaic (PV) capacity and 825 MW/3,300 MWh of battery energy storage system (BESS) capacity. Under Phase 1, more than 2,000 MWdc of solar panels have been installed, while all 741 battery units have been fully energized.

Read More
Sungrow commissions 400 MWh BESS in Malaysia

Sungrow commissions 400 MWh BESS in Malaysia

July 7, 2026 | , ,

Sungrow commissioned the 100 MW/400 MWh Santong battery energy storage project (BESS) in Terengganu, Malaysia. It is owned and developed by Tenaga Nasional Berhad (TNB). Sungrow supplied 90 PowerTitan 2.0 liquid-cooled BESS units along with its facility energy management system for the project. The project also successfully completed a 100 MW full-power discharge test.

Read More
SK and KKR launch South Korean renewable energy platform

SK and KKR launch South Korean renewable energy platform

July 6, 2026 | ,

SK Inc. and KKR have signed agreements to establish a renewable energy platform in South Korea. The platform will be valued at KRW 2 trillion (approximately $1.3 billion). The platform will manage 1.7 GW of operational renewable capacity and a development pipeline expected to expand total capacity to 10 GW. The platform will span solar, onshore wind, offshore wind, and fuel cells, while excluding hydrogen.

Read More
ADB backs 310 MW solar expansion in Bhutan 

ADB backs 310 MW solar expansion in Bhutan 

July 3, 2026 | , ,

The Asian Development Bank (ADB) has approved a $160 million loan to expand solar power generation in Bhutan through the deployment of at least 310 MW of new solar capacity. The project includes 120 MW Wobthang, 40 MW Pedseling, and 150 MW Dramthang solar farms. The initiative also includes 46 km of transmission infrastructure to connect the projects to the national grid. 

Read More