BlackRock Real Assets has entered into an agreement to acquire a majority stake in Taiwanese solar energy firm New Green Power (NGP), in a deal which supports BlackRock’s commitment to investing across Asia Pacific. This is BlackRock’s third investment in NGP, but, as with its previous deals with NGP, the value of the latest transaction […]
Asia Pacific renewables could attract US$1tn of investments this decade – WoodMac
Solar and wind power represent a US$1 trillion investment opportunity in Asia Pacific this decade, equivalent to two-thirds of the region’s total power generation sector, as countries move away from fossil fuel generation in favour of greener alternatives. That is according to a new Wood Mackenzie report, which reveals the share of wind and […]
AC energy investing $20 million for RE projects in Asia-Pacific
THE power unit of conglomerate Ayala Corp. is investing $20 million to partly finance the development, construction and operations of renewable-energy (RE) power projects in the Asia-Pacific (AsPac) region, with a goal of building a portfolio of over 1 gigawatt in the next few years. AC Energy, through AC Renewables International Pte. Ltd., will undertake […]
Oriano Solar Commissions 18.75 MWp for Aditya Birla Renewables in Chhattisgarh
Oriano Solar commissioned 18.75 MWp solar PV plants located at Rawan (12.5 MWp) and Hirmi (6.25 MWp) in Chhattisgarh in February 2019. Oriano Solar was the Engineering, Procurement and Construction (EPC) contractor for these projects. These plants will generate clean energy that will offset annual carbon dioxide emission of 22,000 metric tons and have created […]
