It is expected that power plants in Mekong Delta will have total electricity capacity of 18,224 MW, or 7.6 times bigger than Son La hydropower plant, the biggest in Southeast Asia (2,400 MW).
These include O Mon 1, with the capacity of 660 MW and output of 3.6 billion kwh per annum, which consumes 1 billion cubic meters of gas, O Mon 2 (720 MW), O Mon 3 (700 MW) and O Mon 4 (720 MW). The Ca Mau gas-fired thermopower plants 1 & 2 have capacity of 1,500 MW.
The Duyen Hai Power Center alone has total capacity of 4,308 MW and investment capital of $5 billion, with three operational plants, namely Duyen Hai 1 (1,245 MW), Duyen Hai 3 (1,245 MW) and expanded Duyen Hai 3 (688 MW). Other projects are under implementation, namely Song Hau (1,200 MW), and the Long Phu, and So-called Trang thermopower center (4,400 MW).
Under the latest national power development plan, there will be 14 coal-fired thermopower plants in Mekong Delta, of which three are in operation. Some coal-fired thermopower projects were added to the plan recently, raising controversy.
Under the latest national power development plan, there will be 14 coal-fired thermopower plants in Mekong Delta, of which three are in operation. Some coal-fired thermopower projects were added to the plan recently, raising controversy.
Tan Phuoc 1 & 2 in Tien Giang province and Long An, designed to be located near HCMC, are feared to have negative impact on the environment and people’s lives.
Coal-fired power plants
Three big problems are anticipated if developing coal-fired power plants in Mekong Delta, including water pollution, air pollution and negative impact from fly ash & slag.
Scientists say coal-fired plants consume a huge volume of water. The 14 power plants in Mekong Delta would need about 70 million cubic meters of water a day. Meanwhile, hot water from plants would destroy under-water ecosystems, harming the local fishery and aquaculture.
It is estimated that all the plants would consume 64 million tons of coal each year and discharge 16 million tons of ash & slag. How to deal with the big volume of ash & slag remains an unsolved problem.
Green turbine
Dr Tran Huu Hiep, in his article on Tai Chinh Viet Nam, pointed out that green turbines are the best solution to the electricity generation and environmental protection in Mekong Delta.
He emphasized that shifting from using brown to green power is a growing trend all over the world. Vietnam has great potential to develop renewable energy. The production cost of wind power has decreased by 23 percent over the last seven years and will become very competitive by 2020.
BANGKOK, Feb 22 (Reuters) – Thai energy company PTT Pcl plans to invest up to 354.7 billion baht ($11.3 billion) over the next five years to boost its natural gas portfolio and energy infrastructure, a senior executive said on Friday.
PTT plans to invest 167.1 billion baht from 2019 to 2023, of which 44 percent will be allocated to expand its gas business and firm up infrastructure, Arawadee Photisaro, Vice President for Corporate Strategy, told reporters at a news conference.
“We want to become a global LNG portfolio player … and build an LNG value chain,” Arawadee said, adding that its upstream arm, PTT Exploration and Production Pcl, would acquire assets while other units would focus on building receiving terminals, liquefaction and regasification plants.
Natural gas is becoming a primary energy source for Thailand because it is easier to transport, cleaner and has lower costs, she added.
PTT also set aside an additional 187.6 billion baht to invest in new technologies and expand its core business should opportunities arise, Arawadee said.
“We have to build energy security for the country and also add value to from our petrochemical products,” she said.
Other investment areas include expansion of petrochemical products capacity and its electricity business.
PTT on Thursday reported net profit of 119.7 billion baht for 2018, down 11.5 percent from a year earlier. Gas accounted for about a third of operating income, bringing in 76 billion baht, up 12.8 percent. ($1 = 31.3100 baht) (Reporting by Chayut Setboonsarng Editing by David Goodman)
The government has been criticized for issuing a regulation on photovoltaic solar panels, which has discouraged homeowners and businesses from installing and using the environmentally friendly energy source.
Instead of allowing consumers to enjoy lower electricity bills, the regulation has forced them to pay more, according to the Indonesia Rooftop Photovoltaic Users Association (PPLSA).
PPLSA chairman Yohanes Bambang Sumaryo said the electricity bills of his association members had jumped 50 to 100 percent.
“The new regulation on electricity export-import has caused our electricity bills to soar by up to 100 percent. It makes the PV solar panels for residential use unattractive,” he said recently.
The regulation is Energy and Mineral Resources Ministerial Regulation No. 49/2018 on the utilization of rooftop solar panels for state electricity company PLN customers in homes or in industry.
Under the regulation, PLN only pays for 65 percent of the electricity produced by a solar panel. For example, if one panel produces 100 kilowatt hours (kWh), PLN only pays for 65 kWh.
Given the unfair stipulation, Yohanes said, some association members had decided to go “off-grid” by disconnecting from PLN.
“They’ve taken the decision regardless of loss and they are not reporting to PLN either. Even though we have to invest more to realize it [using the off-grid system],” he said, referring to the additional investment required to buy new batteries to store the electricity once a user goes off-grid.
He said around 300 homes had decided to go off-grid.
Based on PPLSA estimates purchasing a battery could increase the total cost of installation by around 50 percent.
Moreover, Yohanes said the obligation to report to PLN for those who wanted to install solar panels in their homes also discouraged potential users.
“The requirement is that only certified photovoltaic suppliers or service firms can submit the permit to install PV panels to PLN,” he said, adding that there were fewer than 10 such companies across the country.
In short, solar PV panel owners who wish to sell electricity to PLN must get approval from the state utility on administration and technicality issues.
They then must obtain a certificate indicating that the installation is good to operate (SLO), which is issued by a state electricity inspection institution (LIT).
Besides the hassle of the administration process for using solar PV panels, there is also the high interest rate charged by banks to finance the purchase of the solar panels, says Yohanes.
“High interest rates for the commercial sector of around 10 percent are a disincentive for customers looking to buy rooftop solar panels,” he added.
Previously, Miroslav Dijakovic, the deputy for renewable energy from the European Business Chamber of Commerce in Indonesia (EuroCham), said the regulation still did not accommodate small customers of PLN.
“This is not the best deal for current PLN small customers,” he said in an e-mail.
However, he noted an improvement in that PLN’s business customers are included in the regulation. “But it’s welcome that now we can export no matter what size the solar rooftop system, and PLN business customers are included,” he added.
Responding to the criticism, the Energy and Mineral Resources Ministry defended the regulation, saying it would keep the regulation in place for at least a year and then the ministry would evaluate the implementation.
The ministry’s directorate for renewable energy Rida Mulyana said the association should only compare the current electricity bills with the situation when they were not using solar panels at all.
“It’s true that the electricity bill will be higher. However, our survey found that a lot of people want to install solar panels [since the ministerial regulation issuance],” he said.
Under the previous regulation, PLN would pay the full amount for power produced by solar panels, not 65 percent.
Regarding the complaint on the “hassle” of installing solar panels, Rida said the government needed to ensure the safety of any installation by only accepting certified solar panel suppliers.
“If the association complains about the lack of certified suppliers then it should work on it, see it as an opportunity to do business,” he said.
Based on the latest government data, the country has only installed 0.09 gigawatts peak (GWp) of solar PV power plant or 0.02 percent of the total potential installed capacity of 207.8 GWp.
AKARTA, Feb 22 (Reuters) – Indonesian state energy company PT Pertamina is planning capital expenditures of $4.2 billion this year and will raise it to $7 billion in two years as part of plans to double its oil refinery capacity, chief executive Nicke Widyawati said.
Pertamina is under pressure from the government to expand its downstream production to reduce imports of refined oil products, which creates a trade deficit that weighs on the Indonesian rupiah.
“Starting from 2021, we will invest around $7 billion per year as these refineries (developments) are in progress,” Widyawati said in a meeting with journalists late on Thursday.
Pertamina plans to double its refining capacity to 2 million barrels per day (bpd) in 2026 from around 1 million bpd currently, Widyawati said, to meet national fuel demand of around 1.4 million bpd.
Pertamina expects to import 351,000 bpd of gasoline this year, up from 324,000 bpd in 2018, according to a company presentation during the meeting.
The company is currently working on at least seven refinery projects, including the new Bontang and Tuban refineries and the upgrading of the Balikpapan and Cilacap plants.
To finance the investment, Finance Director Pahala Mansury said Pertamina has the capacity to raise funds through borrowing, but the company is actively looking for partners for certain projects.
“We are looking for investment partners. These are big investments and the return may take a while,” Widyawati said.
Meanwhile, Pertamina is targeting $58.85 billion in revenue in 2019, up from $56.06 billion in 2018. (Reporting by Wilda Asmarini; writing by Fransiska Nangoy; editing by Christian Schmollinger)
Southeast Asia’s urban population is projected to rise to nearly 400 million by 2030, requiring significant investment in waste management to cope with the increase in garbage. The growth in electricity demand is also prompting countries to more than double generation capacity by 2040.
One obvious and quick solution to these two needs is waste-to-energy, a catch-all for different technologies that allow countries to get rid of waste and generate electricity at the same time.
Traditional waste-to-energy methods like incineration tend to be unpopular with communities because of the associated health and environmental impacts.
But policymakers in Southeast Asia have looked at China, which has successfully rolled out waste-to-energy and now has the most capacity globally, and decided it is worth writing into national waste management plans. As countries decide what type of technology to use, it is vital that they learn from China’s rapid adoption.
Incineration is the cheapest and best known waste-to-energy technology, but countries should consider other types, as well as plan for the broader policy changes that are needed to make waste-to-energy a good long-term investment.
A burning opportunity
As living standards in the region rise, people will create more municipal solid waste from their homes, offices, shops and other public places. This is usually a mix of food leftovers, paper, plastic packaging, clothing, metal, glass and in some cases sewer sludge.
Most Southeast Asian countries depend on landfills to store this waste but there are problems with this approach.
A recent study shows that municipal solid waste in China, Thailand, Vietnam, India and Pakistan could more than double to over 600 million tonnes between 2015 and 2025. While landfills have been the cheapest method of disposal, the rapid growth of waste will be hard to handle. High demand for land near urban centres means that garbage is often packed into dense landfills, and there isn’t a system in place to deal with the resulting mountains of trash.
The costs of poor waste management are high: landfills use lots of space and pollutants can leach into the soil and surface water, harming the environment and people’s health. Gas from decomposing organic materials in landfills is a serious issue, forming about 11 per cent of all global methane emissions. Approximately 90 per cent of the world’s plastic waste is not disposed of properly, not even making it into landfill, which is one reason plastic is the largest single contributor to ocean pollution.
Incineration is the second most common way to deal with waste and seems like an obvious choice: it eliminates much of the physical burden of waste while producing much-needed energy.
In reality, waste-to-energy is complicated. While incineration eliminates physical waste, to be efficient it also requires pre-sorting materials to remove organic and non-flammable materials.
When well-managed, waste-to-energy can reduce the need for physical waste storage; manage the impacts on air, ground, and water pollution better than landfills; and utilise a domestically-available and sustainable resource for electricity production.
But in many cases incineration plants have not been well managed. Most emerging economies have limited or even no waste sorting processes. Ineffective pre-sorting reduces the cost effectiveness and efficiency of all waste-to-energy technologies. For incineration plants, this means the temperature does not get high enough to eliminate key pollutants. Even when well-managed, incineration plants still leave ash that needs to be disposed of safely.
Other commercial technologies largely depend on producing gas from waste. Gasification plants use plastic and organic solid waste in a chemical conversion process that creates and burns synthetic gas at high temperatures. Landfill with gas capture, fermentation, and anaerobic digestion all utilise controlled and catalysed processes of decomposition to generate methane and biogas from waste materials. These gases can be burned and utilised much like natural gas, and are generally more efficient than incineration.
Current situation in Southeast Asia
Thailand and Indonesia provide a useful snapshot of the difficulties faced by countries in Southeast Asia eager to utilise waste-to-energy.
The Thai government has established subsidies and tax incentives for various waste-to-energy plants, including incineration, gasification, fermentation and landfill gas capture. Installed capacity currently stands at 203 megawatts.
This is likely to grow, as licenses for up to 500 megawatts of waste-to-energy plants have already been granted and Thailand’s next Power Development Plan for 2018-37 may raise the license limit.
But a lack of waste sorting means the industry has faced a major issue with incineration plants. The trash in Thailand is too full of organic and other non-flammable materials so incineration plants cannot reach the high temperatures necessary to produce electricity and avoid toxic emissions and ash by-products.
This has led some local communities and civil society groups to protest over pollution and health concerns. Some incineration plants have also sought to offset the economic losses from inefficiently sorted local waste by illegally importing better-sorted trash.
Indonesia has faced similar challenges. Despite high-level government support for waste-to-energy in the face of serious waste management challenges and a biomass and waste energy target of 810 megawatts by 2025, few projects have moved ahead.
Progress has lagged because of a public backlash against incineration projects. Protests have been widespread, and in 2018 Indonesia’s Supreme Court ruled that incineration of waste is against the law because it produces hazardous pollutants. But the government is pushing ahead regardless.
Learning from China
China can serve as a case study to help other countries identify the most sustainable way to move ahead with waste-to-energy because it has rapidly rolled out technologies while still developing.
Europe and Japan may have the most cutting-edge and efficient technologies, but the waste mix they process is quite different from that in emerging economies. China’s situation is far more comparable. Like other emerging economies, its waste tends to be “wet” – including both recyclable materials and organic waste like food waste and sewer sludge – and of low caloric value for burning.
China has made some progress towards utilising wastewater and other organic matter to produce biogas, but most installed capacity is from waste incineration. China had 7.3 gigawatts of energy production across 339 power plants in 2017. This is expected to grow to 10 gigawatts and 600 plants by 2020. The plants are primarily developed as a waste management solution, with energy a co-benefit.
There are three lessons that Southeast Asian countries can learn from China’s experience:
First, incineration works as a short-term solution to manage the waste crisis, but in the long-term emerging economies must establish effective waste sorting systems. By separating plastic and metal recyclables, organic materials and other materials, countries can use the best waste-to-energy technologies. A lack of sorting in China has led to a “wet” waste mix.
Second, moving beyond traditional incineration is important for sustainable operation of the plants and effective use of resources. China has successfully expanded waste-to-energy because it developed circulating fluidised bed technology, which is better suited for burning “wet” waste.
According to Jennifer Turner from the Wilson Center’s China Environment Forum, 46 cities around China are experimenting with different methods of waste management in an effort to become “Zero Waste Cities”. Some are considering methane capture from sludge. Sludge doesn’t have enough organic material on its own to produce methane, but combining it with other food waste and feeding it into an anaerobic digester is far more environmentally friendly and productive than incinerating it.
Both of these innovations could have valuable applications in urbanising Southeast Asia. “There’s no single green bullet to solve China’s waste problem. Other countries should look to China and see the experimentation strategy as a lesson,” says Turner.
Finally, even China has faced environmental pushback over the impacts of waste-to-energy. There is debate over the extent to which traditional incineration and other waste-to-energy technologies will meet future needs. Many environmental experts have critiqued the transparency around pollutants from waste-to-energy plants inside China.
Given the broad challenges that China faces with monitoring environmental and health impacts from industrial processes, it is no surprise that protests from local communities have been a common response as waste-to-energy. Similar protests in Indonesia and Thailand show that this challenge is universal.
China’s experience – and potentially investment – can help emerging economies in Southeast Asia manage rapid growth in waste through careful and strategic use of traditional incineration along with other gas-based waste-to-energy plants. But in the long run, they will need to adopt other technologies and improve waste-sorting.
Singapore LNG Corp. Pte Ltd. (SLNG) has completed modifications to its secondary jetty at its terminal on Jurong Island, and it is now able to receive and reload small LNG ships of between 2000 m3 and 10 000 m3 in capacity.
This new small-scale LNG (SSLNG) facility, completed on 13 February 2019, will help spur the development of the SSLNG market in various forms; for example, in the supply of LNG to isolated power plants in remote areas in the region, or in the delivery of LNG as bunker fuel to ships in the Port of Singapore.
The SLNG terminal’s secondary jetty was originally designed to accommodate LNG ships of 60 000 m3 to 265 000 m3 in size. In June 2017, SLNG performed a Gas-Up/Cool-Down and Reload operation for the 6500 m3 LNG bunker vessel, Cardissa. Following on that success, and to better support SSLNG and LNG bunkering, SLNG took the initiative to commence modification works to its secondary jetty so that even smaller LNG ships could reload at the terminal. The modifications include the installation of a new marine loading arm and gangway, and new facilities for securing small LNG ships at the jetty.
Sandeep Mahawar, Interim CEO and Vice President (Commercial) of SLNG, commented:
“We believe that there is good potential for the SSLNG market to flourish in this part of the world, and the timely completion of the SSLNG facility is an important step forward in SLNG’s efforts to support this growth. It also serves to promote the development of LNG bunkering in Singapore, which is another potential growth area given Singapore’s already well-established reputation as the top bunkering port in the world. As demands builds and there is a viable business case, SLNG may consider installing topsides at its tertiary jetty to accommodate more SSLNG reloads.”
If the state of Electric Vehicle (EV) adoption in Singapore could be summed up in one word, that word would – until recently – have been “lacking”.
According to Land Transport Authority data, in 2016, there were only 12 EVs on Singapore roads. One factor that contributed to the poor adoption rate was the lack of infrastructure. In 2016, the country had 100 EV charging points.
Early-generation EVs also lacked useful range – often measured in tens of kilometres – as battery technology had not matured sufficiently. Early adopters were faced with a double whammy – a lack of range and charging stations – that made the daily commute a major exercise in range-anxiety management.
However, newer EVs that offer longer range, and other infrastructure and technological developments, are changing perceptions and altering the state of play, and the numbers are testament to this.
In 2017, the number of EVs on our roads increased to 314, and in 2018, the EV population rose to 560 – a stunning increase in percentage terms.
TIP OF THE ELECTRIC SPEAR
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Diesel power is the mainstay of Singapore’s public transportation bus and taxi fleet, for now. Recent moves by players like Grab and ComforDelGro to buy EVs and hybrids look set to herald a change in the status quo. Photo: Shutterstock
This shift away from fossil fuels seems to be gathering momentum in Singapore. For instance, in May 2018, when ComfortDelgro added new taxis to its fleet for the first time in almost one-and-a-half years, it bought 200 new Hyundai Ioniq Hybrids.
While these hybrid models still run on petrol, their engines are assisted by electric motors. The result? They use significantly less petrol than a comparable car, validating electricity’s ability to reduce fuel consumption and emissions.
The Ioniq is also available as an EV, which means it dispenses with the internal combustion engine altogether. ComfortDelGro began trials with this model last year. In January, it annnounced that it is expanding its EV trials with the other EV in Hyundai’s lineup, the Kona Electric.
Mr V A Moorthy, one of a handful of ComfortDelGro drivers participating in the trial, described it as an “awesome” experience. A ComfortDelGro driver for 18 years, he had previously driven a diesel-engined taxi.
“It is very quiet and smooth and I find that the safety features are very good. I feel very comfortable behind the wheel. I don’t have a noisy engine.
“In the past, when I topped up diesel, I could smell the diesel, which I don’t like. Now with an EV, I just plug in and enjoy the atmosphere. There’s no more smell of oil.”
Mr Moorthy added that he drives about 280km to 290km per shift. At the end of each shift, the car has about a 35-per-cent charge. He and his night-shift driver charge the car to 80 per cent capacity after their shifts.
“This takes about one hour and I use the time to clean the vehicle and take a short break.”
Grab’s recent purchase of 200 Hyundai Kona Electrics takes things further. The ride-hailing firm has been progressively introducing the EV into its fleet since January and this move may be the spark that ignites widespread EV adoption here.
“We feel that it is the right time to introduce a mass-market platform like this. The technology has improved to the point that it has become viable to be used on the private-hire vehicle scale,” GrabRentals Singapore’s head Kau Yi Ming told the press.
The company is rolling out a scheme that gives Grab EV drivers a 30-per-cent discount on charging rates. This will help bring down the already low costs of operating an EV, to the point where Mr Kau estimates that EV drivers will spend up to 70-per-cent less on energy costs than their colleagues who use petrol-engined cars.
Grab driver Ronal Goh has been using a Hyundai Kona Electric. He found the EV considerably cheaper to refuel than the petrol-engined car he had previously been using.
“Because I drive every day, I used to spend about S$350 per week on petrol. With an EV, I spend between S$90 and S$100 per week recharging it. On a full charge, I can sometimes exceed 500km (Hyundai states that the car’s official range is up to 482km).”
SENSE FOR SINGAPORE
Technology has played a huge part in this sudden growth in the EV market. Lithium-ion polymer batteries that offer greater storage capacity and can be charged faster are being produced in larger quantities. This reduces costs significantly, making it easier for manufacturers to incorporate them into electrified vehicles.
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A computer-generated image of the lithium-ion polymer battery pack used in the Hyundai Ioniq Electric. Lithium-ion batteries offer several advantages over other technologies like nickel metal hydride batteries, such as lighter weight and faster charging times. Photo: Hyundai
According to the United States Department of Energy, the median range of EVs increased from 73 miles (117km) in 2011 to 125 miles (201km) in 2018, an increase of 71 per cent.
Some newer models offer even greater range. For example, according to Hyundai’s figures, its Kona Electric (Long Range) model has a range of 482km. This translates to real-world practicality. It could, for instance, travel the length of Singapore’s coastline (193km) a little over two times on a single charge.
In addition to the improved range modern EVs offer, Singapore’s charging-station network is being expanded.
For instance, SP Group introduced 38 new charging points last year, with half of that number being fast-charging ports. These high-powered chargers can complete a charge in around 30 minutes, in comparison to the few hours a regular charger takes.
IF YOU BUILD IT, THEY WILL COME
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Mr Wong Kim Yin, group chief executive officer of SP Group (left), and Mr Manohar Khiatani, deputy group CEO of Ascendas-Singbridge Group (right), demonstrating a high-speed electric vehicle charging point. Singapore’s rapidly expanding charging network is starting to make EV ownership a practical proposition in Singapore. Photo: Ascendas-Singbridge Group
SP Group’s move is just the first wave in the firm’s ambitious plan to scale up the availability of charging points exponentially. By 2020, it plans to have built 1,000 EV charging points, and moves like this are good news for EV owners, operators and manufacturers.
“By developing Singapore’s largest and fastest electric vehicle charging network, it will enable greater adoption of electric vehicles, helping our customers to go green, while saving energy and cost,” SP Group CEO Wong Kim Yin said.
SP isn’t the only player in the EV-infrastructure game. Greenlots, a US-based company specialising in EV charging and energy management software and solutions, has 200 charging stations in Singapore. Its recent acquisition by Shell signals the growing importance of EV-charging in the near future.
Besides its existing network of charging stations, Greenlots is also collaborating with ComfortDelGro to introduce more fast-charging stations.
This steep growth in charging-station availability means EVs have never been more viable, and other major fleet operators have also been quick to capitalise.
BlueSG, a subscription-based electric car-sharing company, has promised a 1,000-EV strong fleet by 2020 while taxi-operator HDT will run at least 800 EVs in its fleet by 2022.
The increasing popularity of electrified taxis and shared cars should be a boon for other EV car owners. A rise in the EV population can be expected to lead to an increase in supporting infrastructure, further fuelling EV adoption here.
AN ELECTRIC DAWN
What does this improved technology and wider infrastructure mean for EV owners? The opportunity, at last, to bid farewell to range anxiety.
But perhaps the most important factor is how a more advanced EV’s driving range is now practically a match for that of a petrol car, and certainly enough to make range anxiety a thing of the past. Looking at the Hyundai Kona Electric’s long-distance abilities, it’s clear that the EV is set to go very far in more ways than one.
Read more at https://www.channelnewsasia.com/news/brandstudio/electric-vehicle-adoption-charging-ahead-11245978
The Hyderabad-based renewable energy firm will use the funds primarily for new initiatives such as building another 5 GW integrated renewables for round-the-clock supply through energy storage contracts.
Significantly, the company is aiming for 20 GW of storage-based energy contracts and its future capex is focused on that, Economic Times quoted while sharing the details of fresh investment.
Greenko plans to complete three new projects in the states of Andhra Pradesh, Karnataka and Maharashtra by 2021, according to the report.
Singapore government-owned GIC (formerly known as Government of Singapore Investment Corporation) is the largest shareholder in Greenko with a 60% stake and investing $1.4 billion alone. The company founders own 25%, and Abu Dhabi government-owned ADIA the remaining 15%, it added.
Significantly, Greenko, which has grown through acquisitions in India, intends to become a more holistic solutions provider by meeting peak grid demand through clean energy sources. It believes the combination of its existing hydro, solar and wind projects with a 24/7 on-demand schedulable renewable power strategy to help Indian power distribution companies is the right next step in its growth trajectory.
Greenko claims to be the first company in India to receive licenses to build and operate integrated renewable energy projects from the state governments of Andhra Pradesh and Karnataka with an overall capacity of over 8 GW.
Last year alone, it spent close to $1 billion to acquire Orange and Skeiron Renewable Energy. “The combined deal of Orange and Skeiron added about 1,300 MW operating and near-completion wind and solar assets,” read a press statement of the company.
