RATCH Group Public Company Limited has secured a 5,000 million baht green and sustainability loan from Bank of Ayudhya Public Company Limited. The financing is aligned with the company’s Green Financing Framework and will be utilised for eligible projects. The funds will be used to accelerate investments in renewable energy across key markets, including Thailand, Laos, Vietnam, Indonesia, the Philippines, Australia, and Japan.
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Citicore Renewable Energy Corporation (CREC) has signed a Php 4.4 billion project finance loan agreement with Security Bank Corporation and Security Bank Capital Investment Corporation. The project financing pertains towards the development and completion of its 125 MWp Citicore Solar Pangasinan project in Sta. Barbara, Pangasinan. The project is currently under construction.
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The International Finance Corporation (IFC) has invested approximately $45 million in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited. The investment will support the development of 35 MWp of greenfield solar capacity, refinance 41 MWp of existing operating solar projects, and boost the country’s commercial and industrial (C&I) solar segment.
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TotalEnergies ENEOS has successfully commissioned a 680 kWp rooftop solar photovoltaic (PV) project at a TechnipFMC facility in Malaysia. The newly installed system comprises over 1,100 solar modules and is expected to generate approximately 915 MWh of renewable electricity annually. This output will meet nearly 20 per cent of the facility’s total energy consumption.
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Vena Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW renewable energy project under the firm and despatchable renewable energy (FDRE) scheme. The agreement marks India’s first load-following PPA, designed to align energy supply with the hourly demand profile of discoms. Furthermore, the project is Vena Energy’s first integrated wind-solar-storage project in India.
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Amogy has partnered with GreenHarvest for the deployment of an ammonia-to-power system in Taiwan. Under this partnership, Amogy will provide the ammonia-to-power system, whereas GreenHarvest as the power generation and distribution partner, will lead local integration. Installation of the system is scheduled between late 2026 and early 2027. The installation will take place at a selected large industrial electricity consumer facility in Taiwan.
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Zelestra has commenced commercial operations at the Gorbea solar plant in Rajasthan, India. The solar plant has a capacity of 435 MWdc and was delivered in under eight months. The project is backed by a 25-year power purchase agreement with the Solar Energy Corporation of India (SECI) and will generate 755 GWh of clean energy annually. Furthermore, the project supported over 800 jobs during its construction phase.
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YPP Corporation (YPP) and KAZAKH INVEST have inked a framework agreement to develop a green hydrogen production project in Kazakhstan. The parties intend to implement a Green Energy Complex in the Republic of Kazakhstan. The investment in the project may reach up to $3.1 billion. The project includes the construction of wind and solar power plants with a total capacity of up to 2 GW.
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The Sustainable and Affordable Energy for Life (SAEL) Industries Limited, through its subsidiary SAEL Solar P6 Private Limited, has announced plans to establish an integrated solar manufacturing facility in Uttar Pradesh, India. The upcoming manufacturing facility is projected to have an annual capacity of 5 GW of solar cell production and 5 GW of solar module assembly, with an estimated total investment of Rs 82 billion, reportedly.
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wpd, in cooperation with GPSS Group, has signed a corporate power purchase agreement (PPA) with Nomura Real Estate Development Company Limited for the Higashi Izu Furusato onshore wind power project in Japan. The project is located in Shizuoka Prefecture, around 120 km southwest of Tokyo, on a coastal mountain ridge. The wind farm will have a capacity of 7.48 MW and scheduled to begin operations in May 2026.
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Envision has commissioned a green hydrogen and ammonia production facility at the Chifeng Net Zero Industrial Park. The plant operates entirely off-grid and is powered by a renewable energy system. The facility is fully AI-integrated, enabling real-time operational optimisation. The plant has begun delivering 320,000 tonnes of green ammonia annually
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TCL Solar has inked distribution agreements with AU Solar Solution and Madina Solar. The agreement aims to deliver 150 MW of high-efficiency solar modules to AU Solar Solution and 100 MW to Madina Solar for the Pakistani market in 2025. The partnership combines global R&D capabilities and vertically integrated manufacturing of TCS Solar with deep local market penetration of AU Solar Solution and Madina Solar.
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Deep Wind Offshore’s Admiral Lee offshore wind project has secured its first electricity business license with an installed capacity of 345 MW. The license has been received from Korea’s Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy (MOTIE). The offshore wind project is being developed based on a partnership between Deep Wind Offshore and Korea Hydro & Nuclear Power.
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The Asian Development Bank (ADB) has partnered with the Green Climate Fund (GCF) to launch the India Green Finance Facility (IGFF), supported by $200 million in concessional funding from GCF. The IGFF is ADB’s first collaboration with GCF in India. It will use blended finance to extend lines of credit to national development finance institutions (DFIs), which will be responsible for building and managing a pipeline of clean energy projects.
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China Energy Engineering Corporation (CEEC) has launched an auction for 25 GWh of lithium-iron phosphate battery systems. The tender launched by CEEC is structured into three packages totalling 25 GWh. It covers systems with durations of one, two, and four hours. Package one consists of one-hour systems with a capacity of 3 GW/3 GWh. The bids for one-hour systems ranged from CNY 0.673 to CNY 0.89/Wh, with an average bid of CNY 0.7863/Wh.
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CleanMax and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership to jointly cater to the clean energy needs of Japanese corporations operating in India. The collaboration aims to accelerate the adoption of renewable energy by leveraging CleanMax’s execution experience and TTIPL’s network across industrial corridors. The newly formed entity will develop and operate 300 MW of renewable energy projects by March 2028.
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ArcelorMittal has canceled plans to convert two plants in Germany to carbon-neutral production. The company has turned down €1.3 billion in subsidies. The government of Germany hoped that the subsidies would motivate the company to convert existing plants to use furnaces fired with hydrogen. Reportedly, the plans were nixed because the country’s energy costs were too high and there was uncertainty about its future energy mix.
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Druk Green Power Corporation Limited (DGPC) and B.Grimm Power Public Company Limited (B.Grimm) have inked a memorandum of understanding (MoU) for the development of renewable energy project in Bhutan. The agreement establishes a framework of future collaboration for developing other renewable energy projects through Special Purpose Vehicles to be incorporated under Bhutanese law.
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DayOne Data Centers (DayOne) has inked a corporate renewable energy supply scheme (CRESS) agreement with Tenaga Nasional Berhad (TNB). The agreement enables DayOne to secure up to 500 MW of renewable energy over 21 years for the company’s operations in Malaysia. Furthermore, this makes DayOne the first corporation to execute the Bilateral Energy Supply Contract under the CRESS framework.
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Saft will supply a battery energy storage system (BESS) for Gurīn Energy’s (Gurīn) energy storage project. The energy storage project is being developed in Fukushima, Japan. Saft will deliver a fully integrated lithium-ion battery system with a total of over 1 GWh of storage, together with power conversion and power management systems from its partners. The BESS will be installed, commissioned, and serviced by Saft.
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