Entrepreneur says plan to send renewable energy to Singapore from Northern Territory a ‘nation-building project for Australia’ Mike Cannon-Brookes has prevailed over Andrew Forrest in a billionaires’ battle for control of Sun Cable, an ambitious development promising to transmit solar-generated electricity from the Northern Territory outback to Singapore. Cannon-Brookes and Forrest had been involved in […]
Amarenco Group acquires 100% of Spectrum International for Renewable Energy Investments Company in Jordan – EQ Mag
[Dubai, UAE] : Amarenco Group, a leading independent renewable energy producer, announced today that it has acquired Spectrum International for Renewable Energy Investments, a Jordanian-based renewable energy company. The acquisition includes all operating projects and pipeline of Spectrum, a local developer founded in 2012 by Al-Eqbal Investment. Spectrum has developed and owns several BOT solar […]
UK investor acquires stake in Italian developer – EQ Mag
iCon infrastructure will become majority shareholder in NVA, which has a 3GW renewables pipeline Funds advised by iCON Infrastructure entered into a partnership with Italian renewable energy NVA, a renewable energy focused on the development, construction and operation of 3GW of renewable energy projects. iCON, via its funds, will become the majority shareholder in NVA […]
Gensol Engineering acquires solar trackers-specialist Scorpius Trackers for ₹1.35 Billion – EQ Mag
Ahmedabad : Gensol Engineering Limited, a leading solar engineering, procurement, and construction (EPC) company, has announced the acquisition of Scorpius Trackers Pvt Ltd., one of India’s largest providers of single-axis solar tracker solutions. This acquisition strengthens Gensol Engineering’s position as a leading provider of end-to-end renewable energy solutions and is a part of its strategy […]
GSF acquires California energy storage project – EQ Mag
Big Rock has a capacity of 200MW and is scheduled to connect to the grid in 2024 Gore Street Energy Storage Fund (GSF) has agreed to acquire the 200MW Big Rock energy storage project in California from Avantus. The construction-ready project has secured material land rights, planning consents and a grid connection scheduled for the […]
Integra Essentia acquires Chateau Indage Winery assets for Rs 40 crore – EQ Mag
New Delhi : Integra Essentia, which is into business of steel and renewable energy, on Wednesday said it has acquired assets of Chateau Indage Winery for Rs 40 crore in Narayangaon, Maharashtra. The acquisition has been made with an objective to strengthen its presence in the entire supply chain spectrum of consumable goods, Integra Essentia […]
Welspun India acquires 26% stake in Clean Max Thanos – EQ Mag
Welspun India on Thursday announced that it has acquired 26% stake in Clean Max Thanos (CTPL) for Rs 3.80 crore to get renewable energy under captive structure. In an exchange filing, the company said, As a part of environmental, social, and governance (ESG) journey, the company has entered into an arrangement for supply of renewable […]
Bruc acquires 384MW of Spanish solar – EQ Mag
The Spanish company has obtained six projects from Opdenergy in the provinces of Cádiz, Zaragoza, Teruel and Palencia Spanish company Bruc has acquired six solar farms from Opdenergy totalling 384MW in Spain. The projects are located in the provinces of Cádiz, Zaragoza, Teruel and Palencia, with a capacities totalling 116MW, 60MW, 114MW and 94MW in […]
ACCIONA Energía acquires largest battery storage project in Texas (190MW) and 1GW of bess pipeline – EQ Mag
The 190MW/380MWh Cunningham facility will be the largest operating battery energy storage project on the Texas grid upon commissioning next year. ACCIONA Energía has signed an agreement with Qcells, a subsidiary of the South Korean industrial group Hanwha Corporation, to acquire the battery energy storage system (BESS) project Cunningham, the largest of its kind in […]
JSP acquires debt-laden Monnet Power for Rs 410 cr – EQ Mag
“We have won the bid for Rs 410 crore for liquidation of power plant of Monnet Power via NCLT route,” he said. The new asset will provide power to JSP’s steel plant in Angul, which is in expansion mode, Mantri said. Jindal Steel and Power (JSP) Limited has acquired debt-laden Monnet Power for Rs 410 […]