Sembcorp concludes acquisition of 795 MW solar PV projects in Hebei
Sembcorp Industries has finalized the acquisition of three solar projects with a combined capacity of 795 MW from BEI Energy Development (Beijing) Co. Ltd. The transaction has been completed, expanding Sembcorp's renewable energy portfolio globally. This includes solar, wind, and energy storage assets under operation or development, which now stand at 9.8 GW, with pending acquisitions.
This acquisition is expected to boost the company's earnings for the financial year ending December 31, 2023. Sembcorp is committed to expanding its renewable energy portfolio, and this acquisition is in line with its sustainability goals.
The acquisition marks a significant step in the company's renewable energy growth strategy, demonstrating the company's commitment to driving the energy transition globally.
Country updates
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March 07, 2023
Three Gorges Corporation commissions 16 GW hydropower station in Jinsha River
Three Gorges Corporation has completed the Baihetan hydropower project, the second largest in the world. The 16 GW project, located on the upper Yangtze in China, features a 289 m double-curvature arc...
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March 01, 2023
DMEGC reveals 570-580 W TOPCon solar module series
DMEGC has launched a new range of monocrystalline solar panels based on n-type TOPCon technology. The panels feature 144 monocrystalline cells with efficiencies between 22.07% and 22.45%, and come in...
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February 17, 2023
Longi releases new line of alkaline electrolyzers
Longi Hydrogen has recently released its new ALK Hi1 Plus line of alkaline electrolyzers, which can produce hydrogen with an energy content of 4.3 kWh per normal cubic meter. This is a significant im...
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February 09, 2023
Tongwei plans to set up new polysilicon facility in Sichuan
Tongwei has announced its plans to invest CNY6 billion (US$896 million) to build a new polysilicon facility in Leshan, Sichuan province, China with a production capacity of 120,000 metric tons (MT)....
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February 09, 2023
Voltalia signs EUR250mn syndicated credit facility
Voltalia has signed a new syndicated credit facility worth EUR250 million (US$268.3 million). This new loan line follows the 2019 and 2021 models by subsidizing interest rates based on Environmental,...
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