Asia-Pacific
All Asia-Pacific news
South Korea tenders 6.6 GWh of six-hour storage under 15-year contracts
The Korea Power Exchange has launched its 2026 ESS tender for 1.18 GW of six-hour storage, targeting 1.1 GW on mainland Korea and 80 MW on Jeju, with projects due by February 2029. Bids will be assessed 50% on price and 50% on non-price factors, including fire safety, grid-forming capability, supply-chain resilience, Korean economic contribution, maintenance, recycling, and project experience.
Sep 23, 2026
Sri Lanka replaces net metering with feed-in tariffs for rooftop solar
Sri Lanka has discontinued net metering for new rooftop solar systems, requiring new installations to operate under its Net Plus feed-in tariff scheme with agreements capped at 12 years. The change comes as the country’s rooftop PV capacity reached 1.94 GW at the end of 2025, following rapid growth in installations and generation.
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Bangladesh cuts solar equipment import taxes to 1%
Bangladesh has cut the tax burden on solar equipment imports from 17% to 1% for 180 days to support renewable energy deployment. The measure is expected to reduce project costs and accelerate the country’s push to install 4 GW of rooftop solar before next summer.
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