SINGAPORE: AC Energy is set to develop Sitara Solar, a 140 MWp solar plant in India through UPC-AC Energy Solar, the company’s joint venture with UPC Solar Asia Pacific, a news release said. Marking its first major investment in India, AC Energy’s total renewables capacity will reach over 1,200 MW, in a move to further…
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AC Energy’s partner to take over Kauswagan coal plant
SINGAPORE: AC Energy and Power Partners Ltd. signed a binding agreement for the transfer of AC Energy’s indirect ownership interest in the 4x135MW coal-fired power project in Kauswagan, Lanao del Norte (GNPK Project) in favor of Power Partners. Power Partners is AC Energy’s existing developer-partner in the GNPK Project. The transfer will be implemented in…