Grenergy, a prominent player in the solar energy sector, has successfully sold 77 MW of wind assets to ENGIE Energía Perú and 97 MW of solar assets to Yinson Renewables in Peru. The transactions, valued at $150 million, are part of Grenergy’s asset rotation model, aligned with its plan to annually sell 350-450 MW of solar capacity. The deal with Yinson Renewables involves a turnkey contract for the Matarani solar project with an annual production capacity of 260 GWh.
Yinson Renewables acquires 97 MW solar assets from Grenergy
Yinson Renewables invests $90 million to acquire the 97 MW Matarani solar project from Grenergy. (Image Credit: Grenergy).
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)