Category: News Asia

ADB, GSA ink deal for green data center in Thailand

The Asian Development Bank (ADB) has signed a green loan worth THB 900 million (USD 26.8 million) with GSA Data Center 01 Company Limited (GSA) to finance the development, construction and operation of a 25.6 MW colocation green data center in Samut Prakan, Thailand. GSA is a joint venture between Gulf Development, Singtel, and AIS. Operations for the data center are scheduled to begin in 2025.

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Cross-border wind farm in Laos begins commercial operations

The 600 MW Monsoon wind power project in southern Lao PDR has commenced full commercial operations. Construction and full grid connection were completed within 27 months, four months ahead of the schedule. The project has 133 wind turbines installed, and is located across the Dak Cheung District in Sekong Province and the Sanxay District in Attapeu Province. 

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Jakson plans 6 GW solar manufacturing plant in India

Jakson Engineers Limited is planning to invest over Rs 80 billion to establish a 6 GW integrated solar module, cell and wafer plant at Maksi Phase II, Madhya Pradesh, India. The manufacturing plant will be developed in two phases across a 110-acre site. In Phase I, the manufacturing capacity of  3 GW of solar modules and 3 GW of solar cells will be commissioned with an investment of approximately Rs 20 billion.

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Butuan city launches energy roadmap

The Butuan City government has released the Butuan City Energy Development Plan (BEDP) 2023-2050 as part of its initiative to become a smart and sustainable city in the Philippines. The roadmap outlines the transition to renewable energy sources to meet rising electricity demand from the city’s economic growth as a major hub in Northeastern Mindanao.

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SCZONE and Tokyo Metropolitan ink MoU for green hydrogen cooperation

The Suez Canal Economic Zone (SCZONE) and the Bureau of Industrial and Labor Affairs of the Tokyo Metropolitan Government have signed a MoU to cooperate on green hydrogen development. The MoU aims to strengthen collaboration on green hydrogen from both environmental and economic perspectives. Moreover, it will focus on the exchange of expertise, knowledge, and information between the two agencies.

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Blueleaf and Chemsain ink MoU for renewable projects in Malaysia

Blueleaf Energy and Chemsain Sustainability Sdn Bhd (Chemsain) have signed a MoU to explore the development of up to 3,000 MW of solar photovoltaic (PV) and battery energy storage system (BESS) projects in Sarawak, Malaysia. The agreement sets a framework for cooperation in areas such as site and grid access, permitting, technical development, and community engagement. 

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Construction begins at Brunei’s flagship solar project

Brunei has commenced construction of a 30 MW solar photovoltaic power plant in Kampong Belimbing. The project is being developed by Seri Suria Power (B) Sdn Bhd, a joint venture between Serikandi Oilfield Services Sdn Bhd, Khazanah Satu Sdn Bhd, and Atlantic Blue Sdn Bhd. It will be located on a remediated landfill site covering 32.29 hectares and is scheduled to be operational by the end of 2026.

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RATCH Group secures green loan

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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CREC secures loan for solar project in Philippines 

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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IFC and CleanMax join forces to expand C&I solar capacity in Thailand

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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Vena Energy inks PPA with SECI for 100 MW under FDRE scheme in India

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 and GreenHarvest join forces for ammonia-to-power project in Taiwan

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 begins commercial operation of 435 MWdc solar project in India

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 to invest $3.1 billion in Kazakhstan’s green hydrogen project

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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SAEL to set up Rs 82 billion solar manufacturing facility in India

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 inks PPA for onshore wind project in Japan

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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TCL Solar signs 250 MW solar module agreement in Pakistan

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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