Marubeni Corporation (hereinafter “Marubeni”) signed a Cooperation Agreement and a Participation Agreement (hereinafter collectively “Agreements”) with BP Alternative Energy Investments Limited (hereinafter “BPAEIL”) , a 100% subsidiary of BP p.l.c (hereinafter “bp”), a leading integrated energy player in the world’s energy markets, to work together to achieve the development of offshore wind opportunities as well […]
Saudi firm secures Japanese loan for 300MW solar power plant
Marubeni holds equity stake in South Rabigh Renewable Energy Company Japan Bank for International Cooperation (JBIC) has signed a loan agreement with South Rabigh Renewable Energy Company (SRREC) of Saudi Arabia, in which Marubeni Corporation holds an equity stake. JBIC will provide project financing amounting to US$78 million for the Rabigh Solar PV Plant, which […]
Chenya Energy eyes floating PV growth after completing 181MWp offshore project
Chenya Energy is planning to further expand its floating PV (FPV) portfolio following the completion of the world’s largest offshore solar plant, a 181MWp project off the west coast of Taiwan. The Taiwanese company currently has 68MW of FPV under development and will mainly focus on floating projects to grow its solar portfolio and help […]
Marubeni secures loan for Taiwan solar project
Marubeni secures loan for Taiwan solar project..Read More.. Source : txfnews
World’s Largest Solar Project Will Also Be Its Cheapest
A consortium comprising EDF and JinkoSolar emerges as the leading bidder in Abu Dhabi’s latest solar tender. Abu Dhabi has set a global record-low solar price as authorities confirmed the winning bid in a 2-gigawatt tender. Upon its expected completion in mid-2022, it is slated to be the largest single-site solar energy project in the […]
I Squared Capital sells the largest solar platform in Taiwan to Marubeni
Hong Kong: I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan and was a wholly owned subsidiary of Asia Cube Energy, a pan-Asian renewable portfolio company founded by I Squared Capital […]
Total, Marubeni to Invest in 800-Megawatt Qatar Solar Plant
Marubeni Corp. and Total SA agreed to take a minority stake in a 1.7 billion-riyal ($464 million) project to build Qatar’s first solar power plant. The companies will contribute funds and technological expertise for a combined 40% stake in the 800-megawatt Al-Kharsaah solar project, Qatari Energy Minister Saad Sherida Al-Kaabi said at a signing ceremony […]
Marubeni invests in China EV startup Byton for old batteries
Race is on to recycle the devices into large energy storage units TOKYO: Japanese trading house Marubeni has formed a capital partnership with Chinese electric vehicle company Byton, the latest move in a global race to secure used automotive batteries for recycling as energy storage units serving homes and other applications, Nikkei has learned. Marubeni […]
World’s biggest solar plant starts in Abu Dhabi
The 1.2-gigawatt Sweihan project is connected to the grid and can meet the electricity demand of more than 90,000 people, China-based JinkoSolar, the world’s biggest maker of panels, said in a statement on its WeChat account Wednesday. It is expected to reduce carbon dioxide emissions by 1 million tons a year. The project is owned […]