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Ibraco Signs 100 MW Solar PPA With Syarikat Sesco For Sarawak Project

Ibraco Bhd has signed a Power Purchase Agreement with Syarikat Sesco Bhd to develop a 100 MW solar power project in Sarawak. The 30-year agreement, effective from December 2029, involves design, construction, and operation responsibilities, marking Ibraco's entry into renewable energy and supporting Malaysia's clean electricity goals.

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VIETNAM

Philippines And Vietnam Launch 25 GW Renewable Energy Mega Project With Storage And EV Charging Infrastructure

The Philippines and Vietnam have partnered to develop a 25,000-megawatt renewable energy project, focusing on solar, wind, and energy storage systems. This collaboration aims to enhance energy reliability amid rising demand and attract foreign investment. The initiative may serve as a model for future regional renewable energy partnerships.

SINGAPORE

PIDG and MAS Back US$250 Million Energy Transition Fund to Unlock Private Investment in Asia’s Clean Energy Projects

The Private Infrastructure Development Group (PIDG), Monetary Authority of Singapore (MAS), and Clifford Capital have launched the Energy Transition Acceleration Finance (ETAF) partnership, securing US$250 million to fund Asia's energy transition. ETAF targets grid modernization and lower-emission energy sources, leveraging blended finance to attract investment in high-risk projects.

THAILAND

B.Grimm Power Subsidiary Acquires Future Green Tech to Expand Solar Power Portfolio

B.Grimm Power's subsidiary, B.Grimm Greenery Company, has acquired 100% of Future Green Tech Company for THB 500,000 to enhance its solar energy investments. This acquisition allows B.Grimm to strengthen its renewable energy portfolio without being classified as a material asset acquisition, thus meeting regulatory disclosure requirements.

MALAYSIA

Ibraco Signs 100 MW Solar PPA With Syarikat Sesco For Sarawak Project

Ibraco Bhd has signed a Power Purchase Agreement with Syarikat Sesco Bhd to develop a 100 MW solar power project in Sarawak. The 30-year agreement, effective from December 2029, involves design, construction, and operation responsibilities, marking Ibraco's entry into renewable energy and supporting Malaysia's clean electricity goals.
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PHILIPPINES

INDONESIA

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FINANCE & INVESTMENT

POWERGRID Approves ₹2.20 Lakh Crore Borrowing Limit, USD 500 Million ECB, And ₹772.65 Crore Transmission Upgrade

Power Grid Corporation of India Limited (POWERGRID) announced significant decisions from its Board meeting on June 26, 2026, including raising its borrowing limit from ₹1,80,000 crore to ₹2,20,000 crore, pending shareholder approval. The Board approved international borrowing plans and initiated a ₹772.65 crore transmission infrastructure upgrade project, enhancing power network reliability.
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BEST OF THE WEEK

Philippines And Vietnam Launch 25 GW Renewable Energy Mega Project With Storage And EV Charging Infrastructure

The Philippines and Vietnam have partnered to develop a 25,000-megawatt renewable energy project, focusing on solar, wind, and energy storage systems. This collaboration aims to enhance energy reliability amid rising demand and attract foreign investment. The initiative may serve as a model for future regional renewable energy partnerships.

TECH INSIGHTS

Top Inverter Companies Of 2022 – SOFARSOLAR

SOFARSOLAR Inverters First Obtaining BIS (String +Hybrid) and Completing Market Layout in India. SOFARSOLAR focuses on the Rooftop inverter, industrial and commercial inverter, 1500V...

FEATURED

Huasun V-ocean Heterojunction Module for Offshore Photovoltaics

It has come to our attention that the global potential installed capacity of offshore photovoltaics projects is about 4,000 GW. Although offshore solar projects...