Middle East Solar Industry Association (MESIA)

Energy

Ares Management Corporation | December 27, 2021

Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021. The transaction consideration is A$428 million (U...

Energy

Gen X Energy | January 18, 2022

Gen X Energy enters into a joint venture with ACE Enexor Inc., a subsidiary of AC Energy Corp., to develop Batangas Clean Energy, Inc.’s 1,100 MW combined cycle power plant project. The project will be capable of using natural gas and green hydrogen as its fuel to provide firm power to the grid to meet the Philippines’ growing energy demand and reduce the country's reliance on coal fired power generation. The joint venture will result in Gen X Energy and ACE Enexor each holding a...

Industry Updates

Azelio | January 25, 2021

Azelio and Svea Solar have signed a MoU to create projects utilizing Azelio's long-span energy stockpiling, TES.POD®, coupled to PV frameworks. The joint effort will range over at any rate 3 ventures in 2021, 5 tasks in 2022, and 10 activities in 2023. A sum of 8 MW of introduced force and in excess of 100 MWh in comparable stockpiling limit. Svea Solar is Sweden's biggest solar PV installer. On the side of extending its business contributions into the energy stockpili...

Grid Environment

SAP | September 06, 2023

FREYR Battery welcomes SAP SE into the Energy Transition Acceleration Coalition Tom Einar Jensen, FREYR's Co-founder and Executive Chairman, says SAP brings world leading enterprise software solutions and a shared commitment to exploring commercial opportunities On September 05, 2023, FREYR Battery, a leading developer of next-generation, environmentally friendly battery cell production capacity, welcomed Read More