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Japan’s Mitsui sells 679MW of solar and wind in Canada
Japanese trading corporation Mitsui & Co has sold its interest in a 679MW portfolio of operational Canadian wind and solar to Canadian infrastructure management firm Axium. The C2C Power Wind & Solar Generation portfolio comprises 12 contracted plants across Canada with an enterprise value of CAD$1.9 billion (US$1.45 billion). Mitsui’s renewables business, MIT Renewables Inc., offloaded its stake in the portfolio through a purchase and sale agreement with a new limited partnership led by one of the portfolio's existing partners, Axium. Engie Canada Inc is also invested in the portfolio, which includes contracted plants in Ontario and British Columbia that started operations between 2007 and 2014. This transaction is expected to complete in March 2020 after regulatory approval and after honouring an agreement where existing shareholders are entitled to first refusal. In a release, the Japanese firm said that the divestment was “strategic asset recycling” and that “strengthening of the financial base continues to be one of [Mitsui & Co’s] key initiatives.” The Japanese conglomerate is invested in solar via its renewables business but also through its financial institutions. In July, Sumitomo Mitsui Banking Corporation, a subsidiary of Mitsui, agreed to upsize an existing loan in Jinko Solar from JPY5.3 billion (US$49 million) arranged in 2018 to JPY6.7 billion (US$62 million). In April, Canadian Solar subsidiary, Canadian Solar Projects K.K. expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui (SMFL) and in the same month, Sumitomo Mitsui Trust Bank invested ¥14.2 billion (US$127 million) in a 36.4MW PV development by Sonnedix in Japan.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Japan, Canada, Asia, North America, mitsui, engie canada inc
Australia's Tiwi Islands to host 2.8-GW solar-green hydrogen facility
the Asia-Pacific area, specifically in Singapore, Indonesia, South Korea and Japan, as well as hence develop a completely integrated green hydrogen production
Nov 1, 2021 // Plants, Large-Scale, Commercial, Solar to Fuel, Australia, hydrogen, Oceania, solar-green hydrogen complex, Green Energy Ventures
Sonnedix scoops 1GW Polish PV pipeline
European countries, in addition to its procedures in Chile, the US as well as Japan. Sonnedix chief executive Axel Thiemann said: "The Sun Power Energy platform
Mar 8, 2022 // Markets & Finance News, Poland, Sonnedix, Axel Thiemann, Europe, Sun Power Energy
BlackRock to sustain renewables in emerging markets with US$ 250m capital raising
support has actually been provided by the governments of France, Germany and Japan, along with the Grantham Environmental Trust and the Quadrivium Foundation. A
Jul 12, 2021 // Commercial, Markets & Finance News, Storage, BlackRock, Latin america, Asia, Africa, emerging markets, Climate Finance Partnership, Jochen Flasbarth
Japanese financial institutions back 'globe's cheapest solar project'
(Kahramaa) energy has actually exposed Mizuho Bank and the state-owned Japan Bank for International Cooperation (JBIC) have consented to finance the
Jul 23, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Qatar, Kahramaa, JBIC
GSF Acquires 200MW Big Rock Energy Storage Project in California
The company is also exploring opportunities in other key markets, such as Japan, India, and Brazil, as it continues to focus on increasing its portfolio of
Feb 17, 2023 // Storage, California, USA, North America, GSF
Sunseap and also Facebook sign multi-year PPA for solar power
Vietnam with more than 168 MW, and solar projects in Cambodia, China, Taiwan, Japan, Thailand as well as
Apr 7, 2021 // Markets & Finance News, PPA, Facebook, Sunseap
Largest Solar Plants
solar power stations in Switzerland Largest solar power stations in Japan Largest solar power stations in Cyprus Largest solar power stations in
Apr 5, 2022
Sonnedix buys 300MW UK solar from Lightsource bp
growth pipe overseen by Sonnedix across Chile, France, Germany, Italy, Japan, Poland, Spain, the US and UK. Sonnedix president Axel Thiemann stated:
Dec 2, 2022 // Plants, Large-Scale, Commercial, UK, Sonnedix, Lightsource BP, Europe, Kareen Boutonnat
KGAL enters Spanish solar JV
resource capacity of greater than 3.4 GW from Brazil to Spain, Italy and
Dec 8, 2022 // Markets & Finance News, Spain, Europe, KGAL
Japan's Lixil to develop 5-MW solar plant on roof of Thai factory
carbon dioxide (CO2) discharges of some 4,000 tonnes, Lixil price quotes. The Japanese group aims to come to be carbon neutral by 2050, it kept in
Apr 12, 2021 // Plants, Large-Scale, Japan, Thailand, Asia, PV Power Plant, Lixil
Countries
tag | search (India) | Solar Installers in India Japan tag | search (Japan) | Solar Installers
Feb 6, 2024
Japanese Scientists Use Visible Light to Disintegrate CO2 With Effectiveness
environment. Now, a team of scientists from Nagoya Institute of Technology, Japan, have established a novel, easy to synthesize composite compound that makes it
Jun 22, 2021 // Technology, Japan, Asia, efficiency, CO2 reduction, global warming, Nagoya Institute of Technology
Showtime for photosynthesis
laser (XFEL) at the LCLS at SLAC National Laboratory, and at SACLA in Japan. " With this technique, we obtain the overall picture of just how the entire
Jun 5, 2020 // Technology, Junko Yano, Berkeley, Vittal K. Yachandra, photosynthesis, Jan F. Kern, Nicholas K. Sauter
Japanese telecom giant NTT plots significant renewables play, partners Mitsubishi for clean tech
¥ 1 trillion (US$ 9 billion) to develop itself as a significant player in Japan's renewable resource market, releasing utility-scale generation and electrical
Jun 30, 2020 // Markets & Finance News, Japan, ENERGY STORAGE, UTILITY-SCALE SOLAR, Asia, investment, electric vehicles, mitsubishi, grids, ntt, transmission, distribution