Featured in Leading Publications

The solar sector dominates the renewables mergers and acquisitions (M&A) landscape in Asia, occupying a 66% share of the total deal volume and a 78% share of the aggregate deal value in the region, in 2021, said Enerdatics.

Chevron, wpd, Macquarie’s GIG-owned Blueleaf Energy, and AES are among the international investors who have announced partnerships to pursue onshore wind, geothermal, and utility-scale solar projects in the country in recent years,” noted Enerdatics.

Shell expand its ability to provide novel integrated energy services and electric vehicle charging solutions. Shell bought ESCO Pacific, a developer and asset manager of utility-scale solar projects, in December 2019,” reported Enerdatics, a research company.

“TATA Power and Adani Green, large-cap industrial conglomerates operating in India have recently stepped up their renewables activity. With this deal, JSW’s operational and under-construction power generation capacity reaches 9.1 GW, 65% of which is renewables-based.” noted Enerdatics.

“The venture will concentrate on utility-scale solar PV while also looking into onshore wind and energy storage systems. According to industry estimates, 1 GW of solar PV can power the annual daytime consumption of more than 1.2 million homes.” reported Enerdatics.

Transactions for sub-50MW portfolios of assets surged by about 50% year-on-year in 2021, according to Enerdatics data. This was driven by the need for renewable energy sources to satisfy residential electricity demand.