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Ørsted brings in renowned investors for Greater Changhua 1 Offshore Wind Farm

Global institutional investor CDPQ and experienced local investor Cathay PE will co-invest 50% of the 605MW Greater Changhua 1 Offshore Wind Farm. Global institutional investor CDPQ and experienced local investor Cathay PE will co-invest 50% of the 605MW Greater Changhua 1 Offshore Wind Farm.Ørsted will retain a 50% share ownership in the Greater Changhua 1 Offshore Wind Farm, as well as deliver the full co ...

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AES Sell Mong Duong 2 Coal Plant in Vietnam

The AES Corporation (NYSE: AES) signed an agreement on December 31, 2020 to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor.  This transaction is expected to close in late 2021 or early 2022, subject to customary approvals, including from the Government of Vietnam and the mi ...

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KSTAR energy storage for Thai Project

Two sets of KSTAR 5kW+10kWh energy storage systems (BluE-5000D) have been installed during December at the Chumpoll Temple in Ayutthaya Province, providing a clean and stable night time power supply. To ensure ongoing system availability, the partners are providing smart on-line cloud monitoring, allowing the owner to check real-time data, including solar power generation and ESS savings. As we know, afford ...

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Canopy Power Expands Business, & Launches Innovation

Establishes Partnerships and Launches Innovations 2020 Update: Canopy Power Expands Business,  Establishes Partnerships and Launches Innovations Canopy Power has stepped up on business developments in 2020, including extending its regional operations and involvements in global collaborations centred on environmental sustainability and renewable energy.  Projects Despite the economic slowdown in 2020, p ...

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ABICORP Extends $125m to ACWA Power

APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants worldwide, announce the signing of a $125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. The agreement is aligned with APICORP and ACWA Power’s shared mission of accelerat ...

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