AC Energy invests in renewable energy company The Blue Circle
AC Energy, Inc. through its subsidiary AC Energy International Holdings Pte. Ltd. has acquired ~25% ownership of The Blue Circle Pte. Ltd. (“TBC”), as well as co-Investment rights in TBC projects. AC Energy and TBC will jointly develop, construct, own and operate TBC’s pipeline of around 1,500 MW of wind projects across Southeast Asia, including ~700 MW in Vietnam. TBC developed and constructed one of the first wind farms in Vietnam.
TBC focuses on developing and investing in utility-scale wind projects in Southeast Asia with pipelines in Vietnam, Indonesia, Thailand and Cambodia among others. It was founded in 2013 and has a management team with 79 years of combined renewable energy experience.
The Blue Circle is the leading developer of wind energy projects in Southeast Asia with offices in Ho Chi Minh City, Bangkok, and Phnom Penh.
Country updates
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November 13, 2018
Seraphim Solar signs supply agreement for two solar PV projects in Vietnam
Jiangsu Seraphim Solar System Co., Ltd. (Seraphim) recently signed new landmark supply agreements for two separate PV projects totaling 80 MW in Vietnam. The solar farms are a joint venture project of...
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November 13, 2018
Sungrow partners with Bouygues to support a 201 MW PV plant in Vietnam
Sungrow announced to partner with Bouygues, a French multinational industrial group, to supply 1500V turnkey container solution, associated SCADA and PPC for a 201 MW PV plant in Vietnam's Ni...
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November 09, 2018
TEPCO acquires 36.38% of 30 MW hydropower project in Vietnam
TEPCO bought a 36.38% stake in Viet Hydro Pte. Ltd. (Viet Hydro), the majority shareholder of Lao Cai Renewable Energy Joint Stock Company (Lao Cai Renewable Energy), in order to participate in the Co...
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November 05, 2018
The Blue Circle completes Construction of 40 MW wind farm in Vietnam
Construction of the 40MW Dam Nai project has been successfully completed. The project is Vietnam's largest onshore wind farm. The Blue Circle, project owner, installed the 2nd phase' 12th and...
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October 23, 2018
Risen Energy wins 50-MW solar EPC deal in Vietnam
Risen Energy, engage in R&D, products of photovoltaic technology, solar terminal application and integration just recently won the bid for the NHI HA 50MW solar power station project. The pro...
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