LONDON: Coro Energy PLC, a renewable energy developer focused on Southeast Asia, has signed a memorandum of understanding with Threefold Energy Group Ltd to collaborate on advanced battery energy storage systems in commercial and industrial markets. The strategic partnership aims to deploy Threefold Energy’s proprietary Battery Energy Storage System (BESS) hardware and energy management platform…
LONDON, UK: Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, has signed a Memorandum of Understanding (MoU) with Mobile World Investment Corporation in Vietnam to install rooftop solar systems across their Vietnamese portfolio. Mobile World Investment Corporation is a white goods and consumer electronics retailer company…
LONDON, UK: Coro Energy PLC, a South East Asian energy company with a focus on natural gas and clean energy, has announced that it will sell its stake in ion Ventures Holdings Ltd to a private US entity, SLT1 LLC, for £1.25 million ($1.59 million) in cash. Coro will receive £1 million upfront and the…
LONDON, UK: Coro Energy PLC, a prominent South East Asian energy company specializing in natural gas and clean energy, has announced the signing of an agreement to acquire a rooftop solar portfolio from the shareholders of KIMY Trading and Service JSC (“KIMY”). The acquisition was initially announced on November 25, 2022, and March 29, 2023….
LONDON, UK: Coro Energy Plc, the South East Asian energy company supporting the regional transition to a low carbon economy, announced the entry into a 25 year Power Purchase Agreement (PPA) for its rooftop solar project in Vietnam. The PPA has been entered into by Coro Renewables Vietnam (85% owned by Coro and 15% owned…
LONDON, UK: Coro Energy Plc has signed binding Heads of Terms to acquire rights over a portfolio of 150MW rooftop solar projects in Vietnam from Vinh Phuc Electrical Mechanical Installation Co Ltd, trading as Vinh Phuc Energy JSC (VPE), commencing with a 5MW pilot project. Throughout the past two decades, Vietnam’s GDP has grown in…
LONDON, UK: Coro Energy plc has acquired a 20.3% shareholding in ion Ventures Holdings Limited, a South East Asian and UK focused developer of clean energy projects, including renewables and battery storage for cash consideration of £500,000, a company announcement said. Alongside this initial investment, the Company has been granted a priority right of first…
OSLO: Zenith Energy Ltd. announces the termination of the sale and purchase agreement (SPA) entered into with Coro Energy plc for the acquisition by Zenith of Coro’s entire Italian natural gas production and exploration portfolio. Under the SPA, completion of the Italian Acquisition was conditional on, inter alia, receipt of Italian regulatory approvals prior to…
LONDON: Coro Energy plc, the Southeast Asian focused upstream oil and gas company, is pleased to announce that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the Duyung PSC to Coro have now been received. Accordingly, final completion of the acquisition of the PSC Interest by the…