Solarvest partners with Vista to develop solar projects in SEA
Author: PPD Team Date: 17/12/2024
Author: PPD Team Date: 17/12/2024
Solarvest Holdings Bhd has partnered with Singapore-based Vista Contracting and Investment Global Private Limited to develop rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia.
The collaboration, formalised through a memorandum of understanding, aims to leverage both companies’ renewable energy expertise to create strategic advantages and boost commercial outcomes. Vista focuses on investing, developing, and managing solar power systems.
The partnership will support sustainable energy infrastructure in these regions, promoting clean energy adoption and positively impacting Solarvest’s financial performance.
Author: PPD Team Date: 01/03/2025 Borosil Renewables Limited has completed its investment of Rs 178.2 million in Clean Max Prithvi Private Limited (CMPPL) in two tranches. The investment follows Borosil Renewables’ initial acquisition of a 49 per cent stake in CMPPL for Rs 49,000, announced in September 2024. The company later invested Rs 35.6 million and Rs 142.6 million, receiving 31,058 and 1,22,797 equity shares, respectively, at a face value of Rs 10 each. Despite…
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Author: PPD Team Date: 30/05/2025 Reliance Power Limited, through its subsidiary Reliance NU Energies, has secured a 350 MW solar power project connected to the inter-state transmission system. The company received a letter of award from SJVN Limited, which conducted the competitive auction. This project will also include a 175 MW/700 MWh battery energy storage system (BESS), enabling better grid integration and energy management. The tariff for the project has been fixed at Rs 3.33…
Author: PPD Team Date: 08/11/2024 The Nigerian government has committed over NGN 500 billion to reactivate more than 100 stalled projects of the Transmission Company of Nigeria (TCN) to enhance the nation’s power supply. Many of these projects are nearing completion, with some achieving over 80% progress. The Ministry of Power has requested a dedicated budget allocation for 2025 to support these initiatives, aiming to improve electricity distribution across the country. To bolster the grid’s…
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Author: PPD Team Date: 01/03/2025 Borosil Renewables Limited has completed its investment of Rs 178.2 million in Clean Max Prithvi Private Limited (CMPPL) in two tranches. The investment follows Borosil Renewables’ initial acquisition of a 49 per cent stake in CMPPL for Rs 49,000, announced in September 2024. The company later invested Rs 35.6 million and Rs 142.6 million, receiving 31,058 and 1,22,797 equity shares, respectively, at a face value of Rs 10 each. Despite…
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Author: PPD Team Date: 30/05/2025 Reliance Power Limited, through its subsidiary Reliance NU Energies, has secured a 350 MW solar power project connected to the inter-state transmission system. The company received a letter of award from SJVN Limited, which conducted the competitive auction. This project will also include a 175 MW/700 MWh battery energy storage system (BESS), enabling better grid integration and energy management. The tariff for the project has been fixed at Rs 3.33…
Author: PPD Team Date: 08/11/2024 The Nigerian government has committed over NGN 500 billion to reactivate more than 100 stalled projects of the Transmission Company of Nigeria (TCN) to enhance the nation’s power supply. Many of these projects are nearing completion, with some achieving over 80% progress. The Ministry of Power has requested a dedicated budget allocation for 2025 to support these initiatives, aiming to improve electricity distribution across the country. To bolster the grid’s…
Author: PPD Team Date: 28/11/2024 The Western Australian (WA) government has completed the second phase of the Kwinana big battery project, marking a major milestone in the region’s energy transition. This phase involved constructing an A$661 million ($428 million) battery energy storage system (BESS) with a capacity of 800 MWh and a 200 MW output capability, supported by 288 battery modules and 72 inverter units. Construction, which began in July 2023, created 200 jobs. The…
Author: PPD Team Date: 16/12/2024 Envision Energy has secured a significant order to supply three battery energy storage systems (BESS) for South Africa’s Oasis 1 cluster of projects, with a total capacity of 257MW and 1,028 megawatt hours (MWh) of storage. This order, the largest of its kind in South Africa, positions Envision Energy as the first supplier to secure a gigawatt-scale energy storage order in the region. The Oasis projects, part of South Africa’s…
Author: PPD Team Date: 01/03/2025 Borosil Renewables Limited has completed its investment of Rs 178.2 million in Clean Max Prithvi Private Limited (CMPPL) in two tranches. The investment follows Borosil Renewables’ initial acquisition of a 49 per cent stake in CMPPL for Rs 49,000, announced in September 2024. The company later invested Rs 35.6 million and Rs 142.6 million, receiving 31,058 and 1,22,797 equity shares, respectively, at a face value of Rs 10 each. Despite…
Author: PPD Team Date: 06/11/2024 Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year. The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.