Principle Power has entered a collaboration agreement with Mitsui Engineering & Shipbuilding to develop floating offshore wind (FOW) projects in Japan.

Under the agreement, the two companies will work together to advance the FOW market in the country and also collaborate on improving the WindFloat design to meet FOW deployment opportunities.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Principle Power offers technology and services to the offshore wind industry, while Mitsui E&S is engaged in shipbuilding and engineering product manufacturing.

Yoma Strategic Holdings has announced the formation of joint venture company Yoma Micro Power (S) with an initial investment of $2m.

The JV will construct distributed generation micro power plants and mini grids, while produced electricity will be supplied to off-grid rural communities and telecommunications towers in Myanmar.

Yoma Strategic and Norfund will each hold a 47.5% interest in the new company, while the remaining 5% will be held by Alakesh Chetia, the leader of the initiative.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Just Energy Group has announced plans to raise gross proceeds of up to $150m through the public offering of 8.5% series A fixed-to-floating rate cumulative redeemable perpetual preferred shares.

Canada-based energy management solutions provider Just Energy proposes to use the net proceeds obtained from the transaction for general corporate purposes.

"APA Group has announced its intention to acquire the 110MW Darling Downs solar farm project."

The company engaged FBR Capital Markets as the sales agent, Fasken Martineau DuMoulin as Canadian legal advisor, and Andrews Kurth Kenyon as the US legal advisor for the transaction.

Ningxia Zhongke Jiaye New Energy has entered a partnership agreement with Technology Management Company and Oman Investment Fund to develop a $94m Duqm solar panel project in Oman.

Under the agreement, Ningxia Zhongke Jiaye New Energy and Technology Management Company will own a 51% stake in the project, while Oman Investment Fund will own the remaining 49% stake.

The facility will be developed in two phases, with the first involving the manufacture of solar panels able to generate 400MW of energy a year. This will be increased to 1,000MW in the second phase.

APA Group has announced its intention to acquire the 110MW Darling Downs solar farm project in south-western Queensland from Origin Energy.

The solar farm will comprise approximately 430,000 panels and is expected to come online in 2018.

The acquisition is set to be completed in May 2017.

APA Group is involved in providing natural gas infrastructure, while Origin Energy is engaged in integrated energy business.