Renewables Now covered M&A stories about Eiffel, H1, Frontier Power, Mubadala, Chrysalis Renewables and others in the past week. Below is the full list:
State-owned Solar Energy Corporation of India Limited (SECI) today unveiled the signing of a Memorandum of Understanding (MoU) with MahaGenco Renewable Energy Limited (MahaGenco REL) to explore and develop green energy projects in the state of Maharashtra and across India.
HEXA Renewables Japan Co Ltd has signed a virtual power purchase agreement (VPPA) for distributed solar energy with Japanese chemical manufacturer Daicel Corporation (TYO:4202).
Japanese battery systems manufacturer PowerX Inc (TYO:485A) will supply its equipment to Elematec Corporation, a member of the Toyota Tsusho Group, for a large-scale battery energy storage system (BESS) project in Vietnam.
The Australian Renewable Energy Agency (ARENA) has committed a further AUD 95.4 million (USD 67m/EUR 58.4m) to the Australian Centre for Advanced Photovoltaics (ACAP), extending funding for the centre’s existing research programme out to 2033.
Delivering projects that can integrate smoothly into the grid, with great focus on flexibility, reliability and speed of execution, rather than the capacity deployment itself, is a key trend in the Philippine renewable energy market, a top company official from Australian engineering services company GHD said.