More money flowed into renewables than coal for the third year in a row in India, with 74% of the value of loans across both sectors in 2020 going to renewable energy projects, compared with 26% to coal, although this was up 40% on the previous year
Adani Green Energy has signed a power purchase agreement (PPA) with state-owned Solar Energy Corporation of India (SECI) to supply 4,667MW of renewable power in what the company has called the “largest ever green PPA”
India added around 11.1GW of solar capacity from January to November, which is a 249% jump on installations for the same period last year, bringing its installed renewables capacity to roughly 104GW, according to research by JMK Research
A consortium led by Singaporean conglomerate Keppel Corporation is acquiring a 51% stake in Asian commercial and industrial (C&I) solar specialist Cleantech Solar for up to US$150 million.
Singapore-based energy company Sembcorp Industries has signed a collaboration agreement with Bamboo Capital Group (BCG) for the development of 1.5GW of renewable projects in Vietnam
South Korean LG Electronics has announced a series of new appointments as it aims to target greater growth and customer satisfaction moving into 2022, while also elevating certain critical departments to division level in order to supply them with greater resources
Indian independent power producer (IPP) Azure Power has received a letter of award (LOA) for its first 150MW interstate transmission system connected (ISTS) solar-wind hybrid project with the Solar Energy Corporation of India (SECI).
A consortium led by Sunseap Group has signed a memorandum of understanding to develop 7GWp of PV projects at an Indonesian archipelago that will transmit energy to Singapore via a proposed subsea cable.
Independent power producer Nexif Energy has secured a ten-year power supply agreement (PSA) for a 75MWp solar plant to be constructed in the Philippines.
