asia pacific

The Asia-Pacific region stands to benefit from localised balance of system manufacturing in its solar industry, the IEEFA said.

Singapore-based data centre platform Digital Edge has signed an agreement with renewable energy developer Peak Energy Investments to power data centres across the Asia-Pacific region.

Portuguese utility EDP, through its subsidiary EDP Renewables (EDPR), has acquired Australian solar developer ITP Development.

The Asia Pacific (APAC) region is expected to invest US$3.3 trillion in power generation over the next decade, of which a quarter for solar alone, according to energy research company Wood Mackenzie.

Asia-Pacific independent power producer (IPP) Vena Energy has commissioned a 272MW solar PV project in Taiwan which it says is the region’s ‘largest’ to date.

EDPR Sunseap has signed a memorandum of understanding with material innovator Archwey to explore the use of recycled plastics in floating solar projects.

Corporate power purchase agreements (PPAs) have hit record levels in the Asia Pacific region as fuel prices rise and the cost of renewables falls, according to Wood Mackenzie principal analyst, Kyeongho Lee.

ib vogt has reached commercial operation (COD) of its 116MWp Coara Marang Solar Project in Malaysia, which has a 21-year power purchase agreement (PPA) in place with Tenaga Nasional Berhad, Malaysia’s largest electricity utility.

The building-integrated PV (BIPV) market is expected to reach US$94.4 billion by 2031, up from US$11.7 billion recorded in 2021.

Solar developer Lightsource bp has entered the East Asia market with a 150MW project co-locating solar with fishery in Taiwan.