EVNGENCO1, the wholly-owned power generation subsidiary of Vietnam utility EVN, has proposed investing in 3 floating solar power projects on hydropower reservoirs. Proposed to be located in Lam Dong province, these will have a combined capacity of nearly 270 MW. It estimates a total investment of around VND 4,400 billion.
The proposed projects include the 96 MW Dai Ninh Lake Floating Solar Plant (VND 1,600 billion), the 100 MW Ham Thuan Lake Floating Solar Plant (Phase 1) (VND 1,650 billion), and the 70 MW Da Mi Lake Floating Solar Plant (Phase 2) (VND 1,150 billion). The projects are planned on existing hydropower reservoirs to improve infrastructure utilization and add clean electricity to Vietnam’s national grid in line with the revised Power Development Plan VIII.
EVNGENCO1 said the projects would support green energy development while helping reduce greenhouse gas emissions. The company already operates several hydropower assets in Lam Dong with a combined capacity of about 1,615 MW, including the country’s first floating solar project – the 47.5 MW Da Mi floating solar plant commissioned in 2019.
Norway-based Ocean Sun has signed a non-binding memorandum of understanding (MoU) with ACEN-Silverwolf to support the deployment of utility-scale floating solar projects across select Asian markets. ACEN-Silverwolf is a joint venture (JV) between ACEN Renewables International and Silverwolf Capital Limited.
The partnership aims to accelerate floating solar installations in freshwater reservoirs and inland water bodies, subject to approvals and final agreements. Under the proposed collaboration, Ocean Sun will contribute its floating solar technology and maritime expertise, while ACEN-Silverwolf will provide renewable energy development experience in the region. The companies said the agreement supports the transition from pilot projects to large-scale deployments.
Ocean Sun CEO Kristian Torvold said the MoU creates a pathway to scale the company’s floating solar technology through a capital-light licensing strategy. This follows the company’s collaboration with Candela and Canopy Power on floating solar-powered charging stations in remote Asia-Pacific islands, announced in March 2026 (see Clean Water Mobility: Floating Solar Charging Stations For Electric Vessels).
Global renewable energy developer OX2 is set to begin construction of the 135 MW AC Muswellbrook Solar Farm and 100 MW Battery Energy Storage System (BESS) in New South Wales (NSW). The project is located on the site of a former coal mine near Muswellbrook in the Hunter Central Coast Renewable Energy Zone. It is expected to power more than 52,000 homes and create up to 200 construction jobs.
The project marks OX2’s maiden owner-operator development in Australia and includes a community benefit-sharing program. It will contribute about AUD 115,000 annually to local initiatives through an agreement with Muswellbrook Shire Council. The solar and storage project was co-developed with Idemitsu Australia and is scheduled to begin operations in 2028. OX2 has appointed a JV between Bouygues Construction Australia and Equans Solar and Storage Australia as the EPC contractor. The project has also secured a long-term hybrid power purchase agreement (PPA) with an international offtaker.
Edify Energy has reached financial close on the Smoky Creek and Guthrie’s Gap Solar Power Stations in Central Queensland, describing it as Australia’s largest solar and battery hybrid projects currently under construction. The 2 projects, located on the traditional lands of the Gaangalu Nation People, will combine 720 MW of solar generation with 600 MW/2,400 MWh of battery storage.
The developments are backed by a syndicate of 14 domestic and international lenders, with support from the Australian Government’s Capacity Investment Scheme (CIS). Edify said the projects are the first to be financed under its new greenfield renewable energy debt financing platform, developed with support from its shareholder La Caisse and lending partners.
Under long-term hybrid services agreements with Rio Tinto, the miner will purchase 90% of the projects’ power and battery storage capacity for 20 years to support its Gladstone aluminum operations with lower-carbon electricity. Edify said the projects will include advanced grid-forming inverter technology to provide dispatchable renewable power and improve grid reliability as older thermal generation retires.
Australian electricity retailer Flow Power has completed construction and commissioning of 3 solar and BESS projects in Monarto, Naracoorte, and Coonawarra in South Australia. Each project combines a 6-7 MW solar farm with a 15 MWh BESS to support renewable energy supply and grid reliability.
The projects feature anti-hail solar panels and Australian-made steel and are connected to existing 33 kV SA Power Networks infrastructure. With the additions, Flow Power’s renewable portfolio in South Australia now totals 85.3 MW of wind, solar, and hybrid assets. Flow Power said the integrated battery systems will help provide firmed renewable energy supply, improve local network stability, and reduce energy costs for customers.
J&V Energy Technology will acquire a 187 MW portfolio of operational solar assets in Taiwan from a fund managed by BlackRock’s Global Infrastructure Partners (GIP). The transaction, expected to close in Q3 2026 and subject to regulatory approvals, includes 42 solar plants across central and southern Taiwan. The portfolio is expected to generate around 270 million kWh of electricity annually, enough to supply about 80,000 households. It has more than 15 years of remaining operating life.
J&V Energy said the acquisition supports its strategy of expanding its renewable energy platform. It will strengthen the supply capabilities of its green electricity retail subsidiary, GREENET, to meet growing corporate demand for long-term renewable electricity supply in Taiwan, particularly from semiconductor, electronics, and ICT industries pursuing net-zero targets.
Renewable energy developer Lightyears has started construction on the 13.5 MW Reefton Solar Farm on New Zealand’s West Coast. This is the company’s largest solar project so far. It is expected to support regional energy security, future electrification, and economic growth in the area, stated Lightyears.
The solar farm will use nearly 21,000 modules supplied by JA Solar, while Meridian Energy will purchase the project’s output through a PPA. Mechanical installation work is currently underway, led by contractor New Energy. Lightyears said the project highlights the growing role of community-scale renewable energy infrastructure in supporting New Zealand’s transition to a lower-emissions electricity system.