Anesco has secured a £12 million revolving credit facility from Santander UK. The company plans to use these funds for expansion in the UK and Europe. This finance will support its pipeline of various renewable energy projects which includes five battery storage projects and three solar farms that are at the ready-to-build stage. The battery storage projects are expected to be online by spring 2023 and are located in Dundee, Melksham, Nottingham, Ipswich and Essex. Meanwhile, the three solar farms are expected to be commissioned later this year and are located in England and south Wales.
ACEN partners with Marubeni to develop a 200 MW BESS in Australia
ACEN Australia (of the Ayala Group) and Marubeni Asian Power Singapore signed a cooperation agreement for the joint development of a 200 MW/400 MWh (2-hour) battery energy storage system (BESS) in New South Wales, Australia. […]
TANGEDCO floats bids for 420 MW solar power under PM-KUSUM
TANGEDCO has floated bids for 420 MW of solar power under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme. According to the tender guidelines, bidders will be required to […]
APERC announces GEOA rules 2024
The Andhra Pradesh Electricity Regulatory Commission (APERC) has adopted the Green Energy Open Access (GEOA), Charges, and Banking Regulations, 2024. The regulations pertain to allowing open access for power produced from renewable energy sources for […]