Asia

ACWA Power Secures $2.3B for Saudi Solar Projects
ACWA Power secures $2.3 billion for 4.55 GW solar projects in Saudi Arabia, with major banks backing the initiative. Leading the way in renewable energy development.
Feb 19, 2024 // Plants, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant
Iraq Nears Deal for Massive 1-GW Solar Project
Iraq's Ministry of Electricity is set to sign a contract with ACWA Power Co for a 1-GW solar project in Najaf Governorate, following a year-long delay and rumors. The Council of Ministers has approved the project, bringing it one step closer to fruition.
Feb 15, 2024 // Plants, Asia, ACWA Power, Iraq
ACCIONA Energía to Construct India's Largest Solar Plant
ACCIONA Energía plans to build a massive solar plant in Rajasthan, India, producing enough green electricity to power 840,000 households and reducing CO2 emissions by 724,000 tonnes annually. With Rajasthan leading in solar installations, India is on track to achieve its ambitious renewable energy goals.
Feb 15, 2024 // Plants, India, Asia, Acciona, PV Power Plant
Bahrain Seeks Contractors for 100 MW Solar Power Project
Bahrain's EWA seeks contractors for a 100 MW solar park in the Southern Governorate. Bids open on April 4. Bahrain aims for 5% renewable electricity by 2025.
Feb 14, 2024 // Plants, Asia, PV Power Plant, Bahrain, EWA
India's $9 Billion Rooftop Solar Push to Energize Millions
India's ambitious plan to power 10 million homes with rooftop solar panels aims to boost the renewable industry, but cost barriers and loan rates may hinder progress.
Feb 14, 2024 // Rooftop PV, India, Asia
Hartek Power Wins Contract for 75-MW Solar Project in India
Hartek Power secures INR 1.13bn contract to develop a 75 MW solar farm in eastern India, adding to their impressive portfolio in the renewable energy sector.
Feb 13, 2024 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, Hartek Power
AirTrunk Partners with Ib Vogt for Malaysia's First Data Centre Renewable Energy VPPA
Ib Vogt partners with AirTrunk for a virtual power purchase agreement, bringing renewable energy to Malaysia's Corporate Green Power Programme. Construction starts in 2024.
Feb 8, 2024 // Plants, Commercial, Malaysia, Asia, ib vogt, AirTrunk
Metafin Secures $5 Million Funding to Drive Solar Adoption in Rural India
Metafin, the solar finance startup, secures $5 million in funding to expand operations, enhance technology, and provide affordable power to rural businesses in India.
Feb 8, 2024 // Markets & Finance News, India, Asia, Metafin
India's Waaree Secures $66M Solar Project Deal
Waaree Renewable Technologies secures a INR 5.48bn contract for a 335 MW solar project, adding to their impressive unexecuted order book of 1.16 GW.
Feb 6, 2024 // Plants, Commercial, India, Asia, Waaree Renewable Technologies
South Korean Researchers Revolutionize Lithium-Ion Battery Efficiency
Researchers at Chung-Ang University in South Korea have discovered that high-concentration electrolytes can improve the efficiency of lithium-ion batteries, making electric vehicles more practical and eco-friendly.
Feb 6, 2024 // Technology, Storage, South Korea, Asia, lithium-ion battery, efficiency, Chung-Ang University
US Solar Boom Exposes Back Door to Banned Chinese Products
India's booming solar industry faces concerns over forced labor in Chinese components, as US ban creates opportunity for Indian producers to expand market share.
Feb 5, 2024 // Technology, Markets & Finance News, USA, China, Asia, North America
Global Clean Energy Spending Hits $1.8T, Falls Short of Net-Zero
Global clean-energy spending hits record high of $1.8 trillion, but more investment is needed to achieve net-zero emissions. China leads, but US, UK, and Europe show promising growth in renewable energy and electric vehicles.
Jan 31, 2024 // Markets & Finance News, China, Asia
China's Solar Power Tower Project Breaks Records with 11,960 Heliostats
China's largest solar power tower project, the Aksai Huidong New Energy solar farm, reaches a milestone with 11,960 pentagonal heliostats, showcasing China's commitment to renewable energy and reducing carbon emissions.
Jan 25, 2024 // Plants, Large-Scale, Commercial, China, Asia, PV Power Plant
Malaysia's Semarak RE and PowerChina to Develop Groundbreaking Green Hydrogen Project
Semarak RE and China Hydropower join forces to develop Malaysia's first large-scale green hydrogen project, utilizing floating photovoltaic power generation. PowerChina will provide expertise and support. Global hydrogen production set to soar by 2030.
Jan 24, 2024 // Plants, Floating PV, Solar to Fuel, Malaysia, Powerchina, Asia, green hydrogen, Semarak RE
Iran's Ambitious Solar Farm Plans to Boost Renewable Energy
Iran is making significant strides in renewable energy with the allocation of land for solar farms and plans to launch specialized solar parks. The government's investment packages aim to reduce reliance on fossil fuels and promote green electricity supply contracts.
Jan 15, 2024 // Plants, Large-Scale, Commercial, Asia, Iran, PV Power Plant