Global investment firm Brookfield has entered into a joint investment framework agreement with Malaysian developer Solarvest to build a 1.5GW utility-scale solar and BESS portfolio in Malaysia.
French independent power producer (IPP) Neoen has secured AU$1.4 billion (US$890 million) in capital to fuel new solar PV, wind and energy storage projects in Australia.
Over the last six months, two major US utilities – American Electric Power (AEP) and Duke Energy – have been selling off their commercial solar PV assets to private investment groups and consolidating their operations in regulated markets.