TotalEnergies has sold 50% of its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners, valuing the assets at €508 million ($1.4 million), or about €1.2 million per MW, while retaining joint ownership and operational control.
Saudi Power Procurement Company has awarded SAR9 billion ($2.4 billion) renewable energy projects to consortiums of leading global players such as French group TotalEnergies, Korea Electric Power Corporation as well as regional heavyweight Masdar.
Renewables specialist FairWind is set to boost its Asia-Pacific (APAC) presence and accelerate global growth by reaching agreement to acquire Cosmic Group, a leading Australian wind installation and maintenance provider.
Al Yamamah Steel Industries Company has launched commercial production at its Al Yamamah Wind Energy Systems Factory in Yanbu Industrial City, Saudi Arabia, with the project being supervised and supported by the Saudi Arabian Ministry of Energy.
