Australian renewable energy and storage developer Genex Power has been acquired by Japanese power company J-Power in a deal worth AUS$351 million (US$229 million).
The transaction also sets the stage for both companies to enter into a Memorandum of Understanding for future collaboration on the development of renewable energy.
Independent Power Producer (IPP) Enlight Renewable Energy has closed financing for the battery energy storage system (BESS) portion of its 364MW/1.2GWh Atrisco solar-plus-storage project in New Mexico, USA.