US-based investment fund Global Infrastructure Partners (GIP) and co-investors have acquired Singapore-headquartered Equis Energy, the largest renewable energy IPP in the Asia Pacific region, for US$5 billion along with assumed liabilities of US$1.3 billion.
A report on the off-grid solar market has revealed that there has been a 7% drop in off-grid solar and home system product sales worldwide yet the market remains “buoyant”.
Taiwan-based PV developer and EPC firm New Green Power (NGP) is to build a 14MW floating solar project in northern Taiwan, according to company director Kai Tan.
PV cell and module manufacturer TSEC Corporation has signed a memorandum of understanding (MoU) with the government of Pingtung County to aid the development of up to 1GW of solar PV capacity in southern Taiwan.
State-run coal mining and power firm NLC India has auctioned a 20MW solar PV project to be combined with 28MWh of energy storage capacity in the Andaman and Nicobar Islands.
Delhi-based clean energy firm Orange Renewable, a subsidiary of Singapore-based AT Holdings, has commissioned 140MW of solar PV projects in the Indian states of Gujarat and Maharashtra.
NTPC-SAIL Power Company (NSPCL), a joint venture between Indian utility NTPC and the Steel Authority of India, have invited bids for EPC on a 25MW solar project in West Bengal, India.
