Does peak energy have a solar portfolio in South Korea?
Peak Energy now has a 170MW solar portfolio in South Korea. Image: Peak Energy US renewables platform Peak Energy and Korean clean energy developer TOPINFRA have launched a joint venture that aims to develop more than 500MW of solar and battery storage capacity.
Is Peak Energy partnering with Shinsung E&G & YSP in South Korea?
Singapore and Seoul, South Korea, (ANTARA/PRNewswire)- July 3rd, 2024, Peak Energy, a leading renewable developer in Asia, has signed a Memorandum of Understanding (MOU) with Shinsung E&G ("Shinsung") and YSP Co., Ltd. to jointly develop a 50 MW solar portfolio in South Korea.
Why is Peak Energy partnering with South Korea?
Gavin Adda, CEO of Peak Energy said, "Peak Energy is committed to Korea, we currently own and operate one of the largest projects in the country. Peak and its partners are committed to helping the South Korean Government achieve its goals and this agreement is specifically focused on catalyzing the rooftop solar industry.
Does peak energy have a solar project in Jeollanam-do?
Under the arrangement, Peak Energy will invest in a portfolio of operating and in-construction solar assets that surpass 70 MW of total capacity. The company will also provide funds to support a development pipeline. Set up in 2020, Peak Energy already has a 100-MWp solar project in Jeollanam-do.
How will peak energy's solar projects work?
The projects will be developed under a joint venture (JV) between the two companies, Peak Energy said on Friday. Under the arrangement, Peak Energy will invest in a portfolio of operating and in-construction solar assets that surpass 70 MW of total capacity.
Who owns peak energy & topinfra?
Peak Energy Investments Ltd, a renewables platform owned by US investment group Stonepeak, has joined forces with South Korea-based Topinfra to develop over 500 MW of solar and battery storage capacity in the Asian country. The projects will be developed under a joint venture (JV) between the two companies, Peak Energy said on Friday.
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