08 January 2024
08 January 2024
The agreement is expected to draw capital to Nepal's financially struggling hydroelectric industry.
The projects will be located across three regions in the southern, central and northern parts of the country.
BYD is building the new sodium-ion battery facility in Xuzhou with an investment of nearly 10bn yuan ($1.4bn).
Suzlon will supply 75 3MW turbines for Everrenew’s wind project in the south Indian state.
Stella Energy has previously built and operated more than 2GW/4.4 gigawatt-hours (GWh) of utility-scale battery storage projects.
The earthquake struck days after Japan’s regulators lifted a two-year operational ban on a power plant run by Tokyo Electric Power Company (Tepco), which operated the wrecked Fukushima nuclear plant.
The investment for these projects is estimated to exceed $372m, with construction anticipated to begin in mid-2024.
AES will retain ownership and operational responsibilities for the renewable assets.
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