Mitsubishi Signs $692 Million Loan Agreement for Laos Wind Project Updated On Tue, Apr 11th, 2023 by Saurenergy Mitsubishi Corporation has announced that it has signed a $692 million financing package for the Monsoon cross-border wind power project in Laos with the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui Banking Corporation, and other lenders. This has been done with other project sponsors. Mitsubishi had previously announced that it was involved in […] Read more
Mitsubishi, Amazon to Build 450 Solar Plants Totalling 20 MW in Japan Updated On Thu, Sep 9th, 2021 by Saurenergy Japanese trading company Mitsubishi Corporation has signed a long-term corporate power purchase agreement, through which it will supply electricity to data centres owned and operated by online retail giant Amazon’s subsidiary Amazon Web Services. Facilitated by MC Retail Energy Co., Ltd., this corporate PPA represents Amazon’s first use of renewable energy in Japan. Under the agreement’s […] Read more
Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
South Asia’s Largest Grid-Scale Energy Storage System Goes Online Updated On Wed, Feb 13th, 2019 by Saurenergy The project was developed in collaboration with AES India and Japan’s Mitsubishi Corporation. Tata Power Delhi Distribution Limited (TPDDL), a joint venture between Tata Power and the Government of NCT of Delhi that distributes electricity in North & North West parts of Delhi, has inaugurated South Asia’s Largest Grid-Scale Energy Storage System in Rohini. The […] Read more
Mitsubishi Corporation and AES to develop India’s First Grid-Scale Solar Energy Storage Array Updated On Fri, Jan 13th, 2017 by Saurenergy AES and Mitsubishi Corporation to deliver India’s First Grid-scale Solar Energy Storage Array to Tata Power AES India, a subsidiary of The AES Corporation and Mitsubishi Corporation has announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid operated by Tata Power Delhi Distribution Limited (Tata Power-DDL). AES and Mitsubishi […] Read more