Net metering move puts Indonesia’s 3.6 GW rooftop solar goal at risk
The Indonesian government has ended net metering for rooftop solar installations. The Jakarta-based Institute for Essential Services Reform says this could make it harder for the country to meet its solar deployment targets, as PV installations will become more expensive for households and small businesses.
Malaysian utility to build 2.5 GW of hybrid hydro-floating solar
Tenaga Nasional Berhad, a Kuala Lumpur-based utility, says it plans to install floating solar farms at its hydropower facilities. It’s targeting 2.5 GW of capacity to support Malaysia’s National Energy Transition Roadmap.
Philippines gives green light to 65 MW of solar
The Philippines Board of Investments (BOI) has granted a green lane certificate to a 65 MW ground-mount solar power plant, set to become operational in September 2026.
Corporate PPAs hit record high in 2023, says BloombergNEF
BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.
AirTrunk, ib vogt sign virtual PPA for 29.9 MW of solar in Malaysia
Data center specialist AirTrunk has signed a virtual power purchase agreement (VPPA) under which it will procure energy from a 29.99 MW solar farm that ib vogt is now developing. Construction on the project is set to begin later this year.
Solar sites linked to higher levels of insects
Scientists conducting a five-year research project in the United States have observed a tripling of insect numbers near two solar facilities built on rehabilitated agricultural land. They say the findings show how habitat-friendly solar could help protect insect populations and improve pollination in nearby agricultural fields.
Solar corporate funding hits decade-long high in 2023
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to United States-headquartered consultancy Mercom Capital Group.
