IPP
Tata Power Solar receives NoA to build India’s first large scale 50 MWh BESS
Tata Power Solar receives NoA to build India’s first large scale 50 MWh BESS
This project is co-located with 50 MW solar PV plant, EPC project of INR 386Cr.
ACME seeks funding to triple solar generation capacity to 10 GW
The firm plans to expand its solar capacity in five years at a cost of $2.7b.
BlackRock Real Assets acquires offshore wind developer in Korea
This is the company’s first venture into Korea's offshore wind market.
Philippine’s SMC to dump new coal projects
The company plans to transition to low-carbon.
ACWA Power targets $16b new projects for 2021
These projects would be spread out around the world.
Japanese trading company Sumitomo to exit thermal coal mining by 2030
The company aims to cut CO2 emissions by 50% by 2035.
Wind energy industry to power 3.3 million jobs in the next five years: GWEC
Asia to lead renewable energy sector employment by 2050.
China Three Gorges Corporation poised to be China's biggest IPO for 2021
The firm plans to sell 8.57 billion shares.
B.Grimm to spend $1.67b in renewable, fossil fuel assets
Its current power generation capacity is slated to increase by 900 MW in 2021.
Behind Avaada Energy's rapid expansion across India
The company has clinched repeat investments from institutions such as ADB, DEG, FMO and Proparco.
Spain-based Iberdrola takes over Infigen Energy
It proposed to buy the Australian producer for $638m.
Australia approves Iberdrola's acquisition of Infigen Energy
The Spanish energy group raised its bid by 3.5%.
Cleantech Solar bags $104.36m green loan for 500MW solar projects
Proceeds will be used to finance its expansion across Southeast Asia.
Spanish utility offers takeover bid for Infigen
Infigen’s board recommended to take the offer instead of UAC’s.
UAC Energy makes $542m takeover bid for Aussie wind farm Infigen
Infigen is considering its response to the proposal.
Total applies for electricity retailer license in Australia
It is currently building a 256MW solar project in the country.
Adani Green Energy forms JV with TOTAL
The portfolio totalling 2.148GW includes Restricted Group 1 & 2 projects.
Thought Leadership Centre
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1. Middle East conflict deals $25b blow to energy infrastructure 2. APAC dominates turbine market as OECD curbs coal installs 3. Malaysia consortium clinches $486m deal to build floating solar plant 4. CVF bloc leads solar uptake, surpassing US in electrotech transition 5. Strait of Hormuz disruptions sink energy transits by 95%, report saysResource Center
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy