AES Corporation is to merge its US-facing clean energy development business with independent power producer sPower, creating a platform with a 12GW project pipeline in the country.
Described as a project of ‘strategic importance’ for India's entire energy sector, the country's first grid-scale lithium-ion battery energy storage system officially went into service this week.
Leading PV inverter manufacturer Huawei is supplying its string inverters to a 75MW fully-digitalized utility-scale PV project in Brazil, said to be the first of its kind in the country.
The US$1.6 billion sale of major US utility-scale solar developer and operator FTP Power LLC (sPower) to AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) has been completed.
