Asia – Pacific – Page 74 – The Leading Solar Magazine In India

Old Style Tech to Give Major Boost to Australia’s Shift to Wind And Solar

July 29, 2021 Anand Gupta

It has been a week of records. Just five days ago, the most that Australia’s growing fleet of wind turbines had produced at any one time stood at 5,642MW, a level set in May. By the end of Sunday, that record had been comprehensively smashed a number of times, and now stands nearly 800MW higher […]

Asia - Pacific

Australia Sets New Wind Output Record, Breaks Through 6,000 MW For First Time

July 29, 2021 Anand Gupta

Australia’s main grid has set yet more news record for wind output, beating a new record set just days earlier and smashing through the 6,000MW mark for the first time on Saturday and leaping to more than 6,400MW a day later. The peak wind output in the National Electricity Market set on Saturday was 6,120MW, […]

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Asia - Pacific

Dinawan Energy Hub to Reinforce Australia’s Southeastern Grid

July 29, 2021 Anand Gupta

Spark Renewables has proposed a 2.5 GW wind, solar and battery energy storage complex near Jerilderie, in the Australian state of New South Wales. $1.3 billion will be spent on the first 1 GW tranche, then a further $1.8 billion on the 1.5 GW follow-up. The first phase should be commissioned in 2025. New South […]

Asia - Pacific

Australia’s First Zero Emissions Aquatic Centre Powered By Renewable Energy

July 29, 2021 Anand Gupta

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced up to $1.53 million in funding to Brimbank City Council to help build an integrated energy system for Australia’s first zero emissions indoor leisure and aquatic centre in Melbourne’s west. The project will deploy an integrated energy solution that will be […]

Asia - Pacific

KKR-Backed Virescent Files Papers For InvIT to List Its Indian Solar Assets

July 28, 2021 Anand Gupta

Virescent Infrastructure, a renewable energy platform backed by global asset manager KKR & Co, is looking to raise Rs 425 crore for its solar power assets in India. To do so, it has filed a draft placement memorandum with the securities regulator to list its infrastructure investment trust or InvIT — Virescent Renewable Energy Trust. […]

Asia - Pacific

KKR And Ontario Teachers’ Boost Takeover Offer For Australian Energy Firm

July 28, 2021 Anand Gupta

Spark Infrastructure Group advanced to a four-year high after Ontario Teachers’ Pension Plan Board and KKR & Co. made an improved takeover offer that values the company at about A$5.2 billion ($3.8 billion). Sydney-based Spark, which owns stakes in electricity transmission and distribution networks in Australia and is developing plans for a massive renewable energy […]

Asia - Pacific

ORIX Completes Acquisition of Global Renewable Energy Company Elawan Energy

July 27, 2021 Anand Gupta

Tokyo, Japan : ORIX Corporation (“ORIX”) today made public an announcement that it has completed its acquisition of Elawan Energy S.L. (Elawan), as originally announced on December 28, 2020*1. European subsidiary ORIX Corporation Europe N.V. successfully gained regulatory approvals to acquire 80% of Elawan’s issued shares, and becomes the majority shareholder in the business. Elawan […]

Australia’s AGL agrees 15-year battery power supply deal with Maoneng

Asia - Pacific

Latham Advises on $453 Mln Thailand-India Power Deal

July 23, 2021 Anand Gupta

Latham & Watkins has advised Thailand’s Global Renewable Synergy Company (GRSC) on its $453 million acquisition of a stake in Indian solar power company Avaada Energy. GRSC is a wholly-owned subsidiary of Global Power Synergy Public Company (GPSC), which is a unit of Thai state-owned energy company PTT. The investment is aimed at enhancing GRSC’s […]

Asia - Pacific

Cleantech Solar Completes 1 MW PV System For Thai Automotive Parts Manufacturer Daiwa Kasei

July 23, 2021 Anand Gupta

Cleantech Solar has announced the completion of a 1MW solar PV system for Daiwa Kasei (Thailand) Co., Ltd (DAT). DAT, with its parent company headquartered in Japan, is one of the world’s leading automobile parts manufacturers serving both domestic and international markets. The PV system will supply power to DAT under a long-term power purchase […]

Asia - Pacific

The World’s Largest Floating Solar Farm to be Built in Indonesia

July 23, 2021 Anand Gupta

Singapore-based solar energy provider Sunseap will spend more than $2 billion to build the world’s largest floating solar farm and energy storage system on Indonesia’s Batam Island, which is across the Singapore Strait from Singapore. The floating solar farm is expected to have a capacity of 2.2 gigawatt-peak. It will float on the Duriangkang Reservoir […]