Category: News Asia

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

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

July 17, 2025 | , ,

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.

Read More
wpd inks PPA for onshore wind project in Japan

wpd inks PPA for onshore wind project in Japan

July 16, 2025 | , ,

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. 

Read More
TCL Solar signs 250 MW solar module agreement in Pakistan

TCL Solar signs 250 MW solar module agreement in Pakistan

July 11, 2025 | , ,

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.

Read More
Deep Wind Offshore secures license for offshore wind project in South Korea

Deep Wind Offshore secures license for offshore wind project in South Korea

July 7, 2025 | , ,

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.

Read More
ADB and GCF launch $200 million green financing programme in India

ADB and GCF launch $200 million green financing programme in India

July 4, 2025 | ,

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.

Read More
China launches 25 GWh battery energy storage auction 

China launches 25 GWh battery energy storage auction 

July 3, 2025 | , ,

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.

Read More
CleanMax and TTIPL join forces to develop 300 MW clean energy projects in India

CleanMax and TTIPL join forces to develop 300 MW clean energy projects in India

July 1, 2025 | , , ,

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.

Read More
ArcelorMittal cancels plans for green steel plants in Germany due to high energy costs

ArcelorMittal cancels plans for green steel plants in Germany due to high energy costs

June 25, 2025 | ,

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.

Read More
DGPC and B.Grimm ink MoU to develop hydropower and solar project in Bhutan

DGPC and B.Grimm ink MoU to develop hydropower and solar project in Bhutan

June 24, 2025 | , , ,

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.

Read More
DayOne inks CRESS agreement with TNB for 500 MW renewable energy 

DayOne inks CRESS agreement with TNB for 500 MW renewable energy 

June 16, 2025 | ,

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.

Read More
Saft to supply BESS for Gurīn’s energy storage project in Japan

Saft to supply BESS for Gurīn’s energy storage project in Japan

June 13, 2025 | , ,

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.

Read More
Lightsource bp secures financing for 115 MWp fishery solar project in Taiwan

Lightsource bp secures financing for 115 MWp fishery solar project in Taiwan

June 12, 2025 | , ,

Lightsource bp has secured approximately TWD 6 billion in financing for its fishery solar project. The project has a capacity of 115 MWp and is situated in Budai and Yizhu Townships within Chiayi County, Taiwan. Construction of the project is set to commence in June 20205. Furthermore, the company is cooperating with local developer GreenRock Energy for the development and fishery management for the project.

Read More
Saatvik Solar to develop 4 GW module manufacturing facility in India

Saatvik Solar to develop 4 GW module manufacturing facility in India

June 9, 2025 | , ,

Saatvik Solar Industries Private Limited, a wholly owned subsidiary of Saatvik Green Energy Limited (SGEL), has commenced work to develop a 4 GW solar PV module manufacturing facility in Odisha, India. The facility will be set up on 57 acres of land sub-leased from Tata Steel Special Economic Zone Limited, located at the Gopalpur industrial park in Ganjam district. The cell manufacturing facility is scheduled to become operational by the end of financial year 2026-2027.

Read More
AMEA Power and Kyuden International ink MoU for clean energy and green hydrogen

AMEA Power and Kyuden International ink MoU for clean energy and green hydrogen

June 9, 2025 | , ,

AMEA Power and Kyuden International Corporation have inked a memorandum of understanding (MoU) to jointly develop renewable energy and green hydrogen projects. The MoU establishes a framework for cooperation between the two companies to drive large-scale clean energy projects. The jointly developed projects will support decarbonisation, energy resilience, and inclusive economic growth across key markets.

Read More
CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

May 30, 2025 | , ,

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has inked an agreement with ACEN to sell a 25 per cent stake in the San Miguel Bay offshore wind project. The project has a potential installed capacity of up to 1 GW and is situated in Camarines Sur, Philippines. The project is currently in its pre-development stage in anticipation of the Department of Energy’s 5th round of the Green Energy Auction (GEA-5).

Read More
RGE and TotalEnergies ink agreement to develop solar and battery energy storage project in Indonesia

RGE and TotalEnergies ink agreement to develop solar and battery energy storage project in Indonesia

May 29, 2025 | , , ,

RGE and TotalEnergies have entered into a co-investment agreement to develop, build, and operate a solar photovoltaic power plant with a battery energy storage system in Riau Province, Indonesia. The two companies have entered into this agreement through their equally owned joint venture, Singa Renewables. The utility-scale project will be constructed in phases. Upon completion, the project will provide clean solar energy export to Singapore.

Read More
India-EU joint call for proposals on waste-to-renewable hydrogen innovation

India-EU joint call for proposals on waste-to-renewable hydrogen innovation

May 28, 2025 | , , ,

The Ministry of New and Renewable Energy (MNRE) of India has announced detailed guidelines for Indian participants under the European Union (EU)-India joint call for proposals on waste-to-renewable hydrogen innovation. This initiative, launched under the EU-India Trade and Technology Council working group 2, supports collaborative projects focused on converting biogenic waste into renewable hydrogen through biochemical and thermochemical pathways.

Read More
AM Green and Port of Rotterdam Authority to build green energy supply chain between India and Northwestern Europe

AM Green and Port of Rotterdam Authority to build green energy supply chain between India and Northwestern Europe

May 27, 2025 | , ,

AM Green and the Port of Rotterdam Authority have inked a memorandum of understanding (MoU) to develop a green energy supply chain between India and Northwestern Europe via Rotterdam. This includes supplying bunkering fuels and sustainable aviation fuels (SAF). It also includes analysing the requirements for developing terminal infrastructure in Rotterdam and along the supply chain to Northwestern Europe.

Read More
Firms from Malaysia, Vietnam, and Singapore ink agreement for cross-border renewable energy supply

Firms from Malaysia, Vietnam, and Singapore ink agreement for cross-border renewable energy supply

May 26, 2025 | ,

Energy companies from Malaysia, Singapore, and Vietnam have inked a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore. The consortium of companies will assess the feasibility of exporting renewable energy from Vietnam to Malaysia and Singapore through a new subsea cable, using the Peninsular Malaysia National Grid, with potential additional firming renewable energy generation and storage.

Read More