Renewable Energy Highlights – Weekly Market Update (Oct 7–13, 2025)

As the global energy transition accelerates, the past week saw significant developments across the renewable energy sector — from project launches to regulatory changes and strategic investments. Below is a brief summary tailored for BWE stakeholders and industry partners.

🔹 International Market

  • Floating solar gains ground: Indonesia has broken ground on a 92 MW floating solar plant on the Saguling Reservoir, marking another step in efficient land-use renewables.

  • India leads clean power growth: A record 25 GW of new renewable capacity was added in H1 FY26, primarily from solar.

  • Australia pushes forward: The Pottinger Wind Farm (1.3 GW wind + 500 MW storage) secured final approvals in New South Wales.

  • Europe backs Southeast Asia: The EU pledged €430 million to Vietnam’s Bac Ai hydro storage project, reinforcing cross-border energy collaboration.

  • Global shift confirmed: For the first time, global renewable electricity output surpassed coal (5,072 TWh vs. 4,896 TWh in H1 2025).

Corporate moves: OCI Holdings (Korea) acquired a 65% stake in a Vietnamese wafer plant, while ACME (India) signed a 10-year offtake agreement with Vietnam’s Stavian for green hydrogen-based steel. Meanwhile, the UK launched “Great British Energy”, a public developer for clean power.

🔹 Vietnam Market

  • Policy breakthrough: Vietnam enacted Decree 57, streamlining the legal framework for rooftop solar, direct power purchase agreements (DPPA), and selling surplus solar power to the grid.

  • Private sector innovation: VinEnergo (Vingroup) proposed a model to sell electricity directly to end-users, potentially reshaping Vietnam’s energy retail landscape.

  • Green manufacturing links: ACME’s hydrogen-based green iron supply to Vietnam positions the country as part of the international low-carbon value chain.

These shifts indicate Vietnam is not only a growing renewable energy consumer — but also a rising player in clean-tech supply chains.

📌 Key Takeaways for BWE

  • Hybrid projects (e.g. wind + storage) and floating solar are expanding across Asia-Pacific — areas aligned with BWE’s offshore expertise.

  • Policy clarity and international funding are catalyzing Vietnam’s transition to decentralized and industrial-scale renewables.

  • Global players are investing in Vietnam’s upstream solar and hydrogen infrastructure — offering new collaboration opportunities.

📣 Stay tuned for deeper insights and market tracking in our next edition.

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