Based on the value it provides to grids as shares of renewable energy grow, energy storage is a “very exciting market,” the VP of Goldman Sachs Renewable Power has said. The investment bank’s asset management platform for renewables has thus far focused largely on contracted solar assets since its establishment in 2018. The group is […]
The dedicated renewables business of Japanese financial services group Orix Corp has installed solar arrays with energy storage components at two stores in Japan owned by local chain Valor Holdings Co Ltd. The two solar plants have a combined capacity of 532 MW and each has a 159-kWh lithium-ion battery system. They were installed at […]
TOKYO, Japan – ORIX Corporation (“ORIX”), Hokuriku Electric Power Company (Hokuriku Electric Power), and Valor Holdings Co., Ltd. announced today that they have installed and commenced operations of third-party-owned (“PPA”) solar power generation systems with business continuity planning (BCP) functions at two Valor Group stores in the Hokuriku region. PPA—which stands for “power purchase agreement”—is […]
Munjal family-promoted green energy company Hero Future Energies is in separate talks with global investors including KKR, Actis, Temasek-backed O2 Power and the UK’s CDC-owned Ayana Renewable Power to sell 900 megawatt (MW) of its power purchase agreements (PPAs), two people aware of the development told The Economic Times. One PPA that Hero Future plans […]
Solar PPAs are now easier than ever to acquire for large companies and enterprise thanks to the partnership of Green Peak Energy and Energy Ease. The duo have joined forces to offer the Energy Ease PPA, a one stop shop for large solar PPAs and financing. Green Peak Energy and Energy Ease are joining forces […]
Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that Deepak Malhotra, Director, Infrastructure, South Asia at Caisse de dépôt et placement du Québec (CDPQ), was appointed to its Board of Directors, taking CDPQ’s total number of board seats to two. CDPQ, a long-term institutional investor that manages funds primarily for public […]
Every government should have a legislature and an executive, be it at the national, State or village level. At the village level, there is no executive. VIJAYAWADA : Strongly defending the State government’s decision to review renewable Power Purchase Agreements (PPAs), Ajeya Kallam, Principal Advisor to Chief Minister YS Jagan Mohan Reddy, asserts that the […]
This apart, ATE has also sought suggestions on the problems faced by the distribution companies and transmission companies In an unprecedented move, the Appellate Tribunal For Electricity (ATE) on September 6 issued an order seeking inputs from all stakeholders to resolve the problems faced by the power sector. The trigger was letter written by the […]