Nexif Ratch Energy joint venture inaugurated

The Nexif Ratch Energy joint venture represents a new renewable energy platform in Southeast Asia and Australia.
coentreprise Nexif Ratch Energy solaire

The Nexif Ratch Energy joint venture represents a new renewable energy platform in Southeast Asia and Australia.

A multi-sector company

The Nexif Ratch Energy joint venture is the result of a joint effort between Ratch and Nexif Energy. The two partners will register their joint venture in Singapore in December 2022. In addition, Ratch holds 49% of the platform’s capital and Nexif Energy holds 51%.

Nexif Ratch Energy joint venture starts with an advanced pipeline of renewable projects. Indeed, the company integrates the sectors of hydroelectricity, wind energy, solar energy and energy storage. Moreover, according to the two partners, the new platform should grow rapidly.

Complementary expertise for a joint venture

Nexif Ratch Energy benefits from the expertise and proven track record of Ratch and Nexif Energy. Both partners plan to add new projects to their portfolio. The new company is to continue the development of ongoing projects in Vietnam, the Philippines and Australia.

In addition, it will provide support in the management of certain acquired assets held directly by Ratch. For Nexif Energy, the joint venture provides a solid foundation to capitalize on the growth opportunities offered by the energy transition. Finally, the net-zero target and volatile conventional energy markets provide growth opportunities for the new joint venture.

Dans cet article :

Articles qui pourraient vous intéresser

Innovative catalysts for cheaper PEM electrolyzers

H2U Technologies and Tokyo Gas have signed a collaboration agreement to discover new affordable catalysts and develop techniques to apply them on membranes. Through their partnership, they hope to reduce the cost of proton exchange membrane (PEM) electrolyzers.

DGPC tenders for water projects in Bhutan

Druk Green Power Corporation, the state-controlled hydropower plant operator and developer in Bhutan, is bidding for integrated hydropower projects at Gongri and Jerichhu pumped storage in eastern Bhutan.

Vladimir Putin criticizes sanctions targeting Gazprom

The Russian gas giant Gazprom, targeted by international sanctions for the past year, has been at the center of criticism from President Vladimir Putin, who denounced “direct attempts” by the West to “hinder the development” of the company. Despite a 25.1% drop in its gas exports in 2022, Gazprom has launched new projects to cope with the situation, in particular by turning to Asia where energy demand is strong.

Schneider Electric: new CEO and historic results

Schneider Electric had an outstanding 2022 with strong growth in its electrification and energy efficiency business. The group recorded a net profit of 3.477 billion euros, up 9%, and revenues of 34.176 billion, up 18.2%. Schneider Electric continues its expansion with the appointment of Peter Herweck as CEO for 2023, and ambitious goals for the coming year.

GE and Aksa Energy for a sustainable energy transition in Kazakhstan

Aksa Energy has selected GE’s gas turbine technology for its new combined heat and power plant in Kyzylorda, as part of its energy transition to low-carbon technologies and Kazakhstan’s net zero carbon goal. This partnership will help modernize the country’s aging power infrastructure and meet the growing demand for reliable and flexible electricity.

Already have an account? connect here.

Continue reading

Unlimited access

1€ per week without commitment
Billed per month
  • Enjoy unlimited access to the latest industry news. Cancel online at any time.

Limited articles per month

  • Access some of our articles and customize your newsletters according to your interests.

No commitment is required, you can cancel at any time.
Your payment method will be automatically debited in advance every 4 weeks. All subscriptions are automatically renewed. You can cancel at any time. Other restrictions and taxes may apply. Offers and prices are subject to change without notice.