ACEN to develop over 1.2GW hybrid renewable energy in India
This is in partnership with BrightNight.
Philippine-based ACEN has partnered with BrightNight to develop a more than 1.2-gigawatt hybrid renewable energy in India.
The project will include hybrid wind-solar and round-the-clock renewable power projects in the country. In line with this, ACEN plans to deploy some US$250m equity and related performance guarantees.
Read more: ACEN net income reaches US$236m in 2022
“With this partnership, we are significantly strengthening our foothold in India’s fast-growing market as we shift from pure solar play to multi-technology renewables,” Patrice Clausse, ACEN International CEO, said.
“We look forward to working with BrightNight’s highly experienced local team as our combined expertise will help India progress towards their energy transition goal and spur the global transition towards a Net Zero economy.”
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