THE COMPANY WILL FOCUS ON DEVELOPING UTILITY-SCALE SOLAR PV AND BATTERY STORAGE PROJECTS LOCATED ON PREVIOUSLY MINED COAL PROPERTIES. ST. LOUIS : Peabody announced today that it has launched R3 Renewables LLC (“R3” or the “Company”), a renewable energy development company, in a joint venture with Riverstone Credit Partners (“Riverstone”) and Summit Partners Credit Advisors […]
Coal miners Peabody ventures into solar – EQ Mag Pro
WASHINGTON : Coal giant Peabody Energy (BTU.N) announced on Tuesday that it will make its first foray into renewable energy through a new joint venture and develop of over 3.3GW of solar energy in five years on their former mine sites. The company, which went through bankruptcy proceedings in 2016-17 and has been struggling as […]
SOLARIZE & AMARENCO SIGN AN ACQUISITION & JOINT-VENTURE, a new partnership in Egypt – EQ Mag Pro
Amarenco Group and SolarizEgypt announce the establishment of a new partnership in Egypt. This definitive agreement between both parties agrees that Amarenco shall acquire 74% of SolarizEgypt’s portfolio and co-develop 300MW of assets at an estimated budget of 4 billion Egyptian Pounds (255MUSD) in the next four years. This Joint Venture between both parties is […]
Masdar and Mitrabara form Solar Radiance joint venture to provide renewable energy solutions to commercial & industrial sector in Indonesia – EQ Mag Pro
Abu Dhabi, United Arab Emirates: Masdar, one of the world’s leading renewable energy companies, announced today the formation of a joint venture (JV) with PT Mitrabara Adiperdana Tbk (Mitrabara), a conglomerate focused on the energy sector, to target the fast-growing commercial & industrial (C&I) segment of the renewable energy market in Indonesia. The JV, PT […]
Fluence and ReNew to set up local joint venture to boost energy storage sector in India – EQ Mag Pro
The new company will provide energy storage solutions to a diversified customer base in the Indian energy market, powered by Fluence’s global experience and ReNew’s pioneering role in the sector The JV’s first customer will be ReNew for 150MWh BESS at its 300 MW Peak Power Project site with SECI GURGAON, India and ARLINGTON, Va. […]
Ford, Mahindra to scrap previously announced automotive joint venture
New Delhi : US auto major Ford Motor Co on Friday said it and India”s Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture […]
NHPC board okays foray into solar power business
“It is to inform that board of directors of NHPC Ltd in its meeting held today…has considered and approved the proposal regarding diversification of business of the company by development of Solar Power Projects,” a statement said New Delhi: State-run hydro power giant NHPC on Thursday said its board has approved the proposal to foray […]
Adani approves 2.1-GW solar JV with Total Solar Singapore
India’s Adani Green Energy Ltd (BOM:541450) has agreed to set up a joint venture (JV) with a Singaporean unit of French oil and gas major Total SA (EPA:FP) and transfer 2.1 GW of its solar projects into the new entity. In a bourse filing on Monday, the Gujarat-based solar power developer said that its board […]
564 kWp rooftop solar plant commisioned by SmartCity Kochi
SmartCity Kochi on Friday commissioned a 564-kWp rooftop solar power plant that can generate an average of 8,20,000 units of electricity annually, making it one of the largest among the IT parks in Kerala. The plant, which will help reduce 670 tonnes of carbon emission every year, was inaugurated by Kerala State Electricity Regulatory Commission […]
Indian Railways Issues Tender for 32.5 MW of Rooftop Solar Power Projects
Implementation of Grid Connected Rooftop Solar PV Projects for Indian Railways Tender Value In Rs.: 1,56,00,00,000 For more information please see below link:
