Asia-Pacific
All Asia-Pacific news
East Asia’s sunny May lifts coastal irradiance above average as El Niño builds
In a new weekly update for pv magazine, Solcast, a DNV company, reports that clear skies driven by a persistent high-pressure system pushed May solar irradiance well above average across coastal East Asia, including Japan, Korea, eastern China, Taiwan, and the northern Philippines, with Japan seeing some of the strongest gains.
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‘Renewable energy is not a side story in our economic growth, it is the headline’
The Philippines’ Board of Investments (BOI) certified 13 renewable energy projects under the Green Lane initiative in the first five months of 2026, signaling strong momentum for clean energy investment. These projects account for 99.6% of the PHP 346 billion ($6.18 billion) in total Green Lane approvals, highlighting the sector’s dominance in the country’s expedited investment pipeline.
Bangladesh introduces 0% tax rate for solar power sector
Bangladesh has announced a major solar energy incentive package, including a 0% tax rate for the solar power sector until 2035 and a 5% rebate on consumer solar electricity payments. The policy also removes import and other duties on key solar components to boost investment and support the country’s renewable energy targets for 2030 and 2050.
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