Category: Energy (except hydropower)

NEPAL > Japan based Saisan Co. is set to enter Nepali market through a joint venture with a local partner forming Gas One Nepal Pvt. Ltd

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Saisan gas one logo  Saisan Co is a Japanese distributor of liquefied petroleum gas, commonly known as LPG. It is set enter Nepali gas market with a joint venture with a local partner creating Gas One Nepal Pvt. Ltd. This makes it the first foreign participant in Nepal’s growing LPG market besides firms from neighboring India. Nepal has a total of 58 firms providing More …

NEPAL > China based Risen Energy is set to construct first large PV station in Nepal

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Risen logo Chinese A- share market- listed PV module manufacturer, Risen Energy is set to build- out of facility under an EPC (Engineering, procurement and construction) contract in Nuwakot, Nepal on April 27. The general contractor for the 25MW solar PV power station, Risen Energy efforts is in compliance with the Chinese government’s One Belt, One Road initiative by exporting products, brands More …

SOUTH KOREA > China based Sungrow is expanding its presence in emerging APAC solar markets particularly in South Korea and Vietnam

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sungrow logo The global leading inverter solution supplier, Sungrow, is expanding to South Korea and Vietnam. The company will have a brand presence at the Green Energy Expo Korea and the Solar Show in Vietnam in April. South Korea is expected to grow into a 37 GW market by 2030 for PV installation due to the “Renewable Energy 2030” Plan. Providing complete More …

INDIA > Canada Pension Plan Investment Board (CPPIB) is set to acquire a 6.3% stake in ReNew Power Ventures Pvt. Ltd for $144 million

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CPPIB logo CPPIB is set to acquire a 6.3% stake in ReNew Power Ventures Pvt. Ltd from the Asian Development Bank for $144 million. ReNew Power Ventures is an energy developer and operator that is based in India and has a diversified portfolio across wind, utility-scale solar and rooftop solar power- producing assets. According to Scott Lawrence, Managing Director, Head of Fundamental More …

USA > UK based Centrica Innovations (CI) is set to invest in EtaGen

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Centrica logo As a part of EtaGen’s $83 million Series C financing, Centrica Innovations (CI) is set to invest in EtaGen which is a California, U.S based startup developing a Linear Generator that offers businesses affordable and easily attainable onsite power that is also additionally reliable and clean. The investment is a consortium investment for the Series C financing. According to  Christophe More …

DR CONGO > South Africa based Engen Holdings and the Netherlands based Vivo Energy Holding B.V enter into a share transaction

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Vivo logo Vivo Energy is set to purchase shares in Engen International Holdings Limited for the exchange of a shareholding in Vivo Energy and a possible cash settlement. If the transaction gets regulatory approval, the transaction will add nine new countries and over 300 Engen branded service stations to Vivo Energy’s network. This will add up Vivo Energy’s presence in 24 African More …

SAUDI ARABIA > US based Nabors Industries and Saudi Aramco have created a new 50/50 joint venture company called Saudi Aramco Nabors Drilling Company or SANAD

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SANAD logo US based Nabors Industries announced the previously agreed 50/50 joint venture between Saudi Aramco and Nabors called SANAD has begun commencement of operations. In an effort to introduce world class industry hubs locally, Saudi Arabia has created anchor projects like SANAD to foster economic growth and job creation. Both Nabors and Saudi Aramco have made equal contributions of cash and/ More …

AUSTRALIA> Singapore based WEFIC and Australia based KINETIC jointly announce the launch of a service facility

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WEFIC logo Marking an important milestone in promoting high-end marine wellheads in Australia, Singapore based WEFIC and Australia based KINETIC jointly announced the launch of a service facility. According to Willy Ben Ng, Vice President of WEFIC: “Given the strong market demand for wellhead products and the tight delivery requirements in relation to the Australian market, WEFIC decided to partner with KINETIC More …