Solar energy deal for Flow Power: Australian renewable energy retailer Flow Power has signed an agreement to secure 10% of generation from ACEN Australia’s 400 MW Stubbo Solar project in New South Wales (NSW). The offtake will supply renewable energy to Flow Home customers and support its expansion into the state. Stubbo Solar, one of the largest new projects feeding the National Electricity Market (NEM), will generate power for around 185,000 homes. Flow Power explains that the deal supports its goal to ensure all Flow Home electricity is 100% GreenPower-accredited renewable electricity from local projects. Flow Home is a flexible, wholesale-linked electricity plan that rewards customers for shifting their energy use to times when renewable generation is abundant, explains the company.
Victoria advances RE projects: The State of Victoria in Australia has fast-tracked approval for 2 major renewable energy projects under its Development Facilitation Program (DFP): a 332 MW solar farm in Meadow Creek and a 250 MW battery energy storage system (BESS) in Hazelwood. Together, they will power over 225,000 homes and create more than 500 jobs. Since the program’s expansion in 2023, the DFP has unlocked $7.8 billion in investment across 22 renewable projects, expected to generate power for over 700,000 households and support 3,000 jobs, according to the government. The government says these initiatives will help maintain Victoria’s low wholesale power prices and drive regional economic growth.
100 MW solar module deal: Chinese solar PV manufacturer JA Solar and Australian solar technology company 5B have signed a major module supply agreement for over 100 MW of JA Solar’s DeepBlue 4.0 Pro modules. The modules will be integrated with 5B’s prefabricated Maverick system for a large-scale solar project in Western Australia. This marks the largest collaboration between the duo.
Pacific Energy’s 35 MW solar project: Clean energy developer Pacific Energy has completed the installation of 66,000 solar modules for a 35 MW solar farm, part of gold mining group Gold Fields Australia’s St Ives Renewables Project. Civil and mechanical works for this project, located in Western Australia, are complete; electrical works are nearly finished, and commissioning is scheduled for December ahead of operations in mid-2026. The St Ives Renewables Project will also host a 42 MW wind farm. Gold Fields expects this hybrid project to help it achieve over 70% of renewable energy at its St Ives mine. It will enable the site to reduce its carbon emissions by about 50% by 2030.
Keppel’s acquisition of CRA: Singapore-based Keppel Ltd., through Keppel Asia Infrastructure Fund (KAIF) and a co-investor, has completed the acquisition of the remaining 49% stake in Cleantech Renewable Assets (CRA) from Shell Singapore, gaining full ownership of the solar platform. The initial acquisition of 51% was completed in October 2022. Headquartered in Singapore, CRA focuses on the commercial and industrial solar segment across India and Southeast Asia, with a portfolio of about 1.1 GW. It also plans to add another 1 GW by 2026. Keppel says this acquisition strengthens its renewables and decarbonization strategy, positioning it to accelerate growth in Southeast Asia and India’s expanding clean energy markets.
Gurīn acquires EDP’s South Korea wind & solar portfolio: Gurīn Energy, a Singapore-based renewable energy company, has acquired EDP Renewables APAC’s wind and solar portfolio in South Korea, totaling 303 MW. The move doubles Gurīn Energy’s development portfolio in the country to over 600 MW. The acquired projects are expected to advance national decarbonization goals, stated the company.
Solar & storage project in Indonesia: Singapore-headquartered Equator Renewables Asia, founded by solar industry veteran Frank Phuan, has signed a cooperation framework agreement with CRE International (CREI), the renewables arm of China National Nuclear Corp. The duo plans to jointly develop a 900 MW solar PV and 1.2 GWh of BESS capacity in Indonesia’s Riau Islands. The project, expected to be completed by 2029, and generate around 830 GWh of clean energy annually, according to a company statement widely covered by local media.
