News

Power purchase agreements (PPAs) are a well-established and scalable mechanism for corporate energy buyers to secure long term, reliable, low-cost clean energy and for governments across the Asia-Pacific (APAC) region to attract investment and accelerate clean energy deployment. A new report by the Clean Energy Buyers Association (CEBA) and the Asia Clean Energy Coalition (ACEC), Expanding Corporate Clean Energy Procurement Options in the Asia-Pacific Region: Power Purchase Agreements, seeks to support the growth of corporate PPAs in the APAC region.

Marine logistics provider Marco Polo Marine’s : 5LY +5.97%(MPM) indirect subsidiary, PKR Offshore (PKRO), is planning a listing in Taiwan.

Gentari Renewables and Gamuda Energy have agreed to collaborate on developing around 1500MW of solar capacity with battery storage in Malaysia

Synera Renewable Energy has awarded Taiwan-based Century Group contracts to supply turbine foundations for the 800MW Formosa 6 offshore wind farm.

Cadeler has signed a firm contract with Synera Renewable Energy for the transportation and installation of 35 Siemens Gamesa 14MW turbines at the 495MW Formosa 4 offshore wind farm in Taiwan.

The Albanese Government has released draft guidance for Research and Demonstration licences in declared offshore renewable energy zones.

The country recorded a year‑on‑year increase of 195% in solar, wind and storage, with major projects led by Ørsted, RWE and ScottishPower. Experts warn about grid bottlenecks and the urgent need for further investment.

Yunneng Wind Power’s 640MW Yunlin offshore wind farm in Taiwan has entered full commercial operation.

New details have emerged on the design and the sheer scale of what could be one of the world’s biggest wind and solar projects, with up to 70 gigawatts of wind and solar capacity proposed for a remote desert region in the south-east of Western Australia.

Work to install more than 73 offshore wind foundations in Taiwanese waters was finished ahead of schedule, a developer has said.