KUALA LUMPUR (Bernama) : Cypark Resources Bhd has proposed to undertake a private placement of up to 105 million new ordinary shares, representing up to 20% of the total number of issued share in the company. In a filing with Bursa Malaysia today, Cypark Resources said the issue price would be determined and announced later. […]
Myanmar Junta’s Solar Tender Unlikely to Rejuvenate Foreign Investment
Fitch Solutions believes that the Myanmar military government’s solar project push, the first attempt at stimulating foreign investment since the coup, will not succeed and will do little to turn the gloomy economic situation around. Myanmar Times newspaper with the headline ‘State of Emergency’ among other newspapers for sale are seen on display a day […]
Korea Midland Power Acquires Texas Solar Project
130MWac Elara Energy Project expected to reach full commercial operation in Q4 2021 Texas-based utility-scale solar developer 7X Energy has sold its 130MWac Elara Energy Project to KOMIPO America, a subsidiary of Korea Midland Power, in the latest move by Korean investors into the US renewable energy sector. Elara, located in Frio County, Texas, is […]
Andhra Pradesh High Court Quashes State’s 6.4-GW Solar Project Tender
Adani Green Energy in February won five mega solar power projects of 600 megawatt each under the tender The Andhra Pradesh High Court on Thursday held that the state had awarded solar power tenders in contravention of the Electricity Act, 2003, and quashed the request for selection (RfS) and power purchase agreement (PPA) for procuring […]
Supply of PPC and Development of Plant Dynamic Model for NTPC-Gandhar Solar Project
Supply, Installation and commissioning of PPC and development of plant. For more information please see below link:
DRC Engages Linklaters on UK-Backed Solar Initiative
Linklaters has advised the Ministry of Hydraulic Resources and Electricity of the Democratic Republic of Congo on a solar project development. The DRC’s Ministry of Hydraulic Resources and Electricity has been advised by Linklaters on the Essor Access to Electricity (A2E) Initiative, an initiative launched in 2019 and funded by the United Kingdom government, for […]
Mozambique Solar Project With Utility-Scale Battery Storage System Begins Construction
Mozambique’s energy and mineral resources minister attended a ceremony to mark the start of construction on the first solar project in the country to be paired with utility-scale battery energy storage. Minister Ernesto Max Tonela made the ceremonial first solar panel installation at Cuamba Solar PV plant, which will combine 19MWp (15MWac) of solar PV […]
B&V Subsidiary Diode Ventures Closes Financing on Grizzly Ridge Solar Project in Texas
An infrastructure development wing of Black & Veatch has gained the financing it needs for a 138-MW solar farm planned in Texas. Diode Ventures closed funding round for the Grizzly Ridge Solar Project to be located in Hamilton County near Fort Worth. The project was co-developed with RKB Energy LLC. “Grizzly Ridge is one of […]
Vietnam Gives Nod to 500-MW Solar Project at HPP Site – Report
The Vietnamese province of Gia Lai, in the Central Highlands, has given the green light to the construction of a 500-MW floating and ground-mounted solar complex, the Vietnam News Agency (VNA) reported on Friday. The KN IaLy – Gia Lai photovoltaic (PV) scheme will entail total investment to the tune of VND 9.55 trillion (USD […]
7X Energy Sells Elara Solar Project to KOMIPO
7X Energy Inc. has sold its 130 MW AC Elara Energy Project, located in Frio County, Texas, on over 1,700 acres, to KOMIPO America Inc., the U.S. subsidiary of Korea Midland Power Co. Ltd., one of the major power companies in Korea. Morgan Stanley Renewables Inc. is anticipated to be the sole tax equity investor […]