The start of construction on India’s largest energy storage project is not only of strategic importance to regulators, but could also drive another wave of utility-scale projects in India, the chief of the country’s storage alliance has said.
Major global power firm AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) have agreed to acquire utility-scale solar developer sPower from Fir Tree Partners and its minority owners.
Solar power firms and some wind developers are experiencing curtailment of their energy production in the north central regions of Chile, but this will have been accounted for in their business plans, according to a major industry representative.