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.
Distribution Network Operators (DNOs), are still working to adapt their infrastructures that can cope with switching from constant, high-carbon power resources to ‘intermittent’ renewables.
A brief round-up of project updates from around the world, including news from Asian C&I specialist Cleantech Solar, solar operator Sonnedix and renewables giant BayWa r.e.
Oil and gas major Shell is to ramp up its renewable energies division in order to decarbonise its operations and strive towards a net-zero-by-2050 target.
Cleantech Solar has penned a power purchase agreement with retail giant Tesco Group, covering 19 rooftop installs for its Asia-focused Tesco Lotus range of stores.
Major Singapore utility SP Group has launched a blockchain-powered renewable energy certificate (REC) marketplace, which is amongst the first of its kind worldwide.