Dublin : International renewable independent power producer (IPP) Alternus Energy Group Plc (OSE: ALT) (the “Company” or “Alternus”) has completed the acquisition of 11 megawatts (MW) of operational Polish solar parks as part of a 24MW contract. This brings the Company’s Polish operational portfolio to 88.6MW. Alternus partnered with an experienced local developer for the […]
Torrent Power completes acquisition of 50 MW Solar Power Plant from Lightsource bp and UKCI – EQ Mag Pro
Torrent Power completes acquisition of 50 MW Solar Power Plant from Lightsource bp and UKCI. For more information please see below link:
Torrent Power concludes acquisition of 156 MW wind power plants from CESC – EQ Mag Pro
The power utility completed acquisition of 100% equity share capital of Surya Vidyut (SPV), wholly owned subsidiary of CESC. Surya Vidyut operates 156 MW wind power plants (the projects), spread across the states of Gujarat, Rajasthan and Madhya Pradesh. Long-term power purchase agreements (PPAs) for the projects are with respective State Discoms for a period […]
Sonnedix gains 1GW pipeline in Poland through the acquisition of solar developer Sun Power Energy – EQ Mag Pro
LONDON, UK : Sonnedix, the global solar independent power producer (IPP), has acquired Sun Power Energy, a solar PV developer in Poland with 20 professionals based in Warsaw. The deal gives Sonnedix close to a 1GW development pipeline across Poland and is a springboard for further expansion into a new European market. Poland is Sonnedix’s […]
FP Lux goes after Swedish solar market with 90-MWp acquisition – EQ Mag Pro
Luxembourg-based special fund FP Lux Investments is set to acquire up to 90 MWp of solar park projects in Sweden for its third renewable energy fund RE Infrastructure Opportunities in a move that will enable it to enter the Swedish solar market. The news was announced today by Switzerland-based investment advisory firm re:cap global investors […]
Adani Green Energy Expands TOTAL Joint Venture With Rs 1,632 Crore Solar Assets Acquisition
Ahmedabad (Gujarat) [India]: The Adani Green Energy Limited (AGEL) on Thursday expanded its joint venture with TOTAL SA with the acquisition of 205 megawatts (MW) of operating solar assets for an enterprise valuation of Rs 1,632 crore, taking the total operating renewable portfolio under the joint venture to 2,353 MW. AGEL and TOTAL, a broad […]
Tata Power arm TPIPL acquires 10% equity in ABV; total stake rises to 50%
The 10 per cent stake acquisition has increased TPIPL’s shareholding in ABV to 50 per cent. NEW DELHI: Tata Power on Wednesday said its arm Tata Power International Pte Ltd (TPIPL) has acquired 10 per cent stake in Adjaristsqali Netherlands BV (ABV) from the International Finance Corporation (IFC) for USD 150,000 (about Rs 1.13 crore). […]
Adani approves 2.1-GW solar JV with Total Solar Singapore
India’s Adani Green Energy Ltd (BOM:541450) has agreed to set up a joint venture (JV) with a Singaporean unit of French oil and gas major Total SA (EPA:FP) and transfer 2.1 GW of its solar projects into the new entity. In a bourse filing on Monday, the Gujarat-based solar power developer said that its board […]
Nikola Pushes Deeper Into Battery Electric Vehicles With Next Generation Battery Tech
The Nikola Motor Company dropped a bomb on the electric vehicle industry today with news of a pending acquisition of a team that has developed next generation battery technology. The news comes with claims of a cathode with 4 times the energy density of today’s lithium-ion cells, lasts for 2,000 cycles, and at a cell […]
