Transaction marks SSE’s entry into Southern Europe and brings a c.3.9GW portfolio of onshore wind development projects across Spain, France, Italy and Greece Portfolio includes scope for 1GW of additional co-located solar development opportunitie Builds platform for SSE’s growth in Europe where it aims to progress a balanced portfolio of assets across wind, solar, batteries […]
Sterlite Power acquires stake in MTCIL JV for OPGW Fiber Network in Maharashtra – EQ Mag Pro
Acquisition of 64.98% equity stake in MTCIL JV from Sterlite Technologies Limited. This acquisition is in line with Sterlite Power’s strategy to establish a strong OPGW fiber network in the country utilizing overhead Right-of-way of Power Utilities New Delhi: Sterlite Powerhas announced acquisition of 64.98% equity stake in Maharashtra Transmission Communication Infrastructure Limited(“MTCIL”) – a […]
Verano Energy acquires 116 MWp of solar projects in Chile to bring local project pipeline past 1.5 GWp milestone – EQ Mag Pro
Santiago, Chile : Verano Energy, a leading solar project developer and EPC company in Latin America, announces that it has acquired 15 solar projects for a cumulated capacity of 116 MWp in Chile. The addition of these projects to the company’s project portfolio consolidates its position as the leading renewable energy project developer in the […]
TRIG acquires operational solar park in Spain – EQ Mag Pro
TRIG has acquired a 49% interest in Project Valdesolar, an operating solar park in the province of Badajoz, Spain, from Repsol Renovables (“Repsol”). The project has a generation capacity of 264MW and covers an area of over 6km2, producing enough clean energy to power the equivalent of 140,000 homes. Valdesolar represents approximately 3% of TRIG’s […]
Norwegian cleantech Skyfri acquires Avi Solar to automate solar asset management – EQ Mag Pro
Skyfri Group, a cleantech company headquartered in Oslo, Norway, has acquired India’s third largest O&M provider Avi Solar. Skyfri, backed by leading climate investors SpeedInvest, Singularity and Link Venture Capital, is one of the fastest growing clean technology firms globally, accelerating growth through targeted acquisitions and deployment of technology to fully automate solar asset management. […]
Bharti Airtel’s subsidiary acquires minority stake in Avaada KNShorapur – EQ Mag Pro
For purpose of captive power consumption Bharti Airtel announced that its subsidiary, Nxtra Data has entered into an Agreement for acquisition of 11.334% equity stake in Avaada KNShorapur, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under […]
TRIG acquires stake in world’s largest operational offshore wind farm – EQ Mag Pro
TRIG has acquired a 7.8% interest in the Hornsea One offshore wind farm, located 120km off England’s Yorkshire coast. With a generation capacity of 1.2GW and covering an area of 407km2, the project is the largest operational offshore wind farm in the world; and, backed by an inflation-linked Contract for Difference (CfD), complements TRIG’s existing […]
“Entry into the U.S. EV Charging Market” SK E&S Acquires EverCharge, a Leading U.S. EV Charging Solutions Provider – EQ Mag Pro
-SK E&S acquires the EverCharge, a complete charging solution provider that manufactures and operates electric vehicle (EV) chargers. This is the first time that a Korean company has acquired the management rights of an EV charging company based in the U.S. With its capability of installing 5 times more chargers than traditional charging systems, EverCharge […]
Cambridge Power acquires Glasgow battery site – EQ Mag Pro
Project rights include a 40-year lease and a grid connection for a 29MW energy storage facility Energy storage developer Cambridge Power has acquired a site in Glasgow, Scotland, with project rights for a 29MW battery from Savills. The deal provides for a 40-year lease with a current annual rental of £50,000 reviewed biannually. Savills secured […]