Yinson Collaborates With Plus Xnergy
Yinson, through its indirect wholly owned subsidiary Yinson Renewables, has signed a collaboration agreement with Plus Xnergy Services Sdn Bhd (“PXS”), a wholly owned subsidiary of Plus Xnergy Holding Sdn. Bhd. (“Plus Xnergy”), expressing intentions to enter a business alliance to jointly invest and develop solar photovoltaic (“PV”) projects via power purchase agreement (“PPA”) schemes […]
Yinson and Verano collaborate to progress 800MW pipeline of solar projects in Latin America
Yinson Holdings Berhad (“Yinson”), through its wholly-owned subsidiary Yinson Renewables Pte Ltd, has agreed to collaborate with Chile-based renewable energy developer Verano Capital Holdings SpA (“Verano”) for renewable energy projects in Chile, Colombia and Peru. The collaboration initially targets to progress a pipeline of over 800MW of utility scale solar projects, of which 330MW are […]
Yinson signs Power Purchase Agreement for Nokh Project
On 30 March 2021, Yinson’s 80% indirect subsidiary, Rising Sun Energy K Pvt Ltd (“RSEK”) signed a 25-year power purchase agreement (“PPA”) with NTPC (“NTPC”) Limited for a 190MW solar project in Nokh Solar Park, Rajasthan. The estimated aggregate value of the contract, based on a fixed tariff rate of INR2.25/kWh, is approximately equivalent to INR27.5 billion (≈RM1.5 billion). […]
Yinson wins 190MW project in Nokh Solar Park, India
Yinson through its subsidiary Rising Sun Energy (K) Pvt Ltd (“RSEK”), has received a Letter of Award (“LOA”) from NTPC Limited for the development and operation of a 190MW grid-connected solar photovoltaic power project at the Nokh Solar Park in Rajasthan, India. RSEK is an indirect 80% owned subsidiary of Yinson. A 25-year power purchase […]