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.
