170 MW solar in Nepal: Golyan Group, a business conglomerate in Nepal, has roped in Prozeal Green Energy Nepal, part of India’s Prozeal Green Energy Limited, to provide EPC services for a 170 MW solar power project. The capacity will be established in the form of 8 projects, spread across 7 locations, namely Kanchanpur, Bardiya, Banke, Rolpa, Kapilvastu, and Nawalparasi. Golyan Group, which is active in the hydropower space, says this project will drive clean energy forward in Nepal and contribute to sustainability. The duo had announced a joint venture to install over 500 MW of solar capacity in Nepal over the next 2 years (see Indian Solar EPC Prozeal Green Energy To Go Public).
Series A funding for NRN: Australian distributed energy company National Renewable Network (NRN) has raised AUD 67.2 million ($44 million) Series A funding, calling it one of the largest ever in the Australian climate tech space. It comprises equity and debt from a host of investors led by Investible, Virescent Ventures, Electrifi Ventures, Ecotone Partners’ Planet Fund, and a major commitment from Infradebt managed funds, including the Australian Ethical Infrastructure Debt Fund. NRN says this funding round coincides with a massive surge in interest in solar, battery, and virtual power plants (VPP) in the country. With this round, NRN’s total funding now exceeds $85 million, which is expected to deploy an additional 40 MWh of battery storage over the next 12 months.
PHP 4.4 billion for 125 MW project: Citicore Renewable Energy Corporation (CREC) has raised PHP 4.4 billion ($77 million) to complete its 125 MW Citicore Solar (CS) Pangasinan project in Sta. Barabara, Pangasinan, Philippines. It raised the project finance loan from Security Bank Corporation and Security Bank Capital Investment Corporation. This is a priority project for CREC as part of its goal to achieve 5 GW in 5 years.
Floating solar plants in Sri Lanka: The Sri Lankan cabinet has given its go-ahead to the Ministry of Power to launch a call for proposals to seek consultancy services for floating solar power projects in the country. Selected consultants will be required to carry-out feasibility studies and environmental impact assessments. as Sri Lanka seeks to explore its 3 GW floating solar potential on 10% surface area, as identified in the Renewable Energy Resources Development Plan 2026-2030, according to local media reports. Sri Lanka aims to generate 70% of its electricity from renewables by 2030 and achieve carbon neutrality in electricity generation by 2050.
30 MW solar project in Brunei: Solarvest has announced the construction of a 30 MW AC solar power plant in Brunei, the country’s ‘largest’ PV facility to date. It is coming up on the Sungai Akar remediated landfill site. The project is being developed by Seri Suria Power (B) Sdn Bhd, a joint venture between Solarvest and local partner Serikandi Oilfield Services. Brunei’s government is associated with the project through the Ministry of Finance and Economy’s Khazanah Satu. Malaysia’s Solarvest had earlier estimated the project to cost BND 34 million (see Brunei’s ‘Largest’ Solar Plant With 30 MW AC Capacity).
JV for RE in New Zealand: Australia-based Mint Renewables and Ngai Tahu Holdings have joined hands for a strategic joint venture (JV) called Mint Aotearoa to develop high-quality renewable energy projects in New Zealand. This includes wind, solar, and storage solutions. Mint Renewables was established by Infratil and Commonwealth Superannuation Corporation.
60 distributed solar plants in Japan: Solar Planet LLC has hired Ecokaku to develop 60 distributed solar power projects across Japan within 1 year in the Kanto region. It will be responsible for site selection, development, and operation of small- and medium-sized power plants. Tokyo Gas-backed Prominet Power and Sumitomo Mitsui Trust Bank formed Solar Planet in June 2025 to develop, own, and operate 200 solar power plants in Japan with a combined installed capacity of around 20 MW. Solar Planet was established to cater to the demand for additional renewable energy sources, particularly among RE100 member nations.
Solar power for Filipino university: A leading engineering and technology school in the Philippines, Mapua University has roped in ACEN Renewable Energy Solutions (ACEN RES) to secure the supply of 100% renewable energy for the campus. The retail arm of ACEN of the Ayala Group, ACEN RES, will power Mapúa Manila and Mapúa Makati campuses with sustainable power from its solar, wind, and geothermal assets. ACEN RES says the project will be realized under the government’s Green Energy Option Program (GEOP).