IPP
Solar developer AEPL clinches $50m from ADB
Solar developer AEPL clinches $50m from ADB
The firm is planning to firm scale up its photovoltaic solar energy generation capacity in India.
PTT power arm buys 69.11% of ENGIE's Glow Energy for $2.94b
Authorities approved the sale after Glow sold one of its power plants.
Boracay Island's closure drove 25% sales volume growth for DMCI Power Corp
Higher tourist arrivals in Palawan and Oriental Mindoro generated more economic activities.
Philippine competition watchdog rules out threat of Aboitiz Power's AA Thermal acquisition
Aboitiz Power bought a 49% voting stake and 60% economic stake in Ayala Corporation’s thermal assets.
ENGIE launches venture capital arm in Singapore
Over 80 startups have signed up to its programme aimed at accelerating renewable energy deployment in the Asia Pacific.
JERA and TEPCO Power Grid invest $32.68m in UK-based battery storage firm
The investment will allow JERA to study batteries and TEPCO PG to expand to the UK.
Saudi Arabian investment fund to raise stake in ACWA Power
It is banking on ACWA Power's diversification into solar power and electric vehicles.
Solar Philippines eyes 500MW of projects in India: report
The company cited the country's favourable regulatory environment.
AC Energy inks $115.63m acquisition deal for PHINMA Energy
It bought a 51.48% stake in PHEN for $65.44m and subscribed to its shares worth $50.62m.
AC Energy raises $410m from maiden green bonds
The newest investment comes from the World Bank's IFC $75m injection to anchor a $300m tranche.
ADB invests $20m in AC Energy's maiden climate bonds
It is an anchor investor in the 10-year tranche.
Philippines' AC Energy launches $225m maiden green bonds
The bonds, priced at $99.45, have a five-year tenor and 4.75% per annum coupon.
Chinese PV firm Panda Green warns of $29.59m loss in 2018
Its non-cash gains on bargain purchases of assets plummeted.
Banpu eyes shipping 2 million tonnes of coal to Vietnam in 2019
The country is the 10th largest destination of its coal exports.
Royal Dutch Shell sets up electricity trade desk in Japan
It eyes optimisation potential in consumers amidst "volatility in the power system".
Chinese solar farm owner postpones IPO in Hong Kong
It cited a broader equity selloff in the country.
ADB invests $155m in B.Grimm Power's maiden green bonds
It will finance 16 solar plants, with nine operational and seven under construction.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy