Major Thai gas-fired power and rooftop solar IPP Gulf Energy Development PLC is preparing to launch an IPO after receiving approval from the Securities Exchange Commission (SEC).
The Green Climate Fund (GCF) is providing a US$12 million grant as additional financing for 6MW of grid-connected solar PV combined with 3MW/12MWh of battery energy storage projects on the Cook Islands.
Australia has launched new interactive maps of the electricity grid specifically to support decentralised usage of battery storage, renewable energy and smart demand management.
RES Australia has reached financial close on the 68MW Emerald Solar Park in Queensland, Australia, with the company adding that construction of the PV plant will commence immediately.
Singapore-based energy and water company Sembcorp Industries will develop two grid-connected rooftop solar projects with a combined capacity of 4.1MW at airframe maintenance firm ST Aerospace’s facilities in Changi and Seletar, Singapore.
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.
PV inverter manufacturer KACO new energy said it has secured orders totalling 550MW in the third quarter of 2017 with cumulative sales so far in 2017 of around 1.95GW, marking orders almost 70% the prior year period.
The Clean Energy Finance Corporation (CEFC) and the Australian Renewable Energy Agency (ARENA) have both financed the Kennedy hybrid solar, wind and storage project in north Queensland, which is being developed Windlab and Eurus Energy.
