{"id":363897,"date":"2020-07-21T10:50:08","date_gmt":"2020-07-21T05:20:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=363897"},"modified":"2020-07-21T10:50:08","modified_gmt":"2020-07-21T05:20:08","slug":"ayalas-energy-unit-eyes-140-mw-peak-solar-farm-in-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ayalas-energy-unit-eyes-140-mw-peak-solar-farm-in-india\/","title":{"rendered":"Ayala\u2019s Energy unit eyes 140 MW peak solar farm in India"},"content":{"rendered":"<p>AC Energy Inc. is making its first major investment in India by developing the $68 million Sitara solar plant through a joint venture with UPC Renewables China Holdings Ltd.<\/p>\n<p>The 140-megawatt peak solar farm is expected to start generating by the first quarter of 2021 and will supply the Solar Energy Corp. of India via a 25-year agreement, AC Energy said in a statement. It won the agreement via a competitive bid at \u20b92.48 per kilowatt-hour. The facility will be located in Rajasthan state in northern India, which gets some of the most intense sunlight in the country.<\/p>\n<p>The energy unit of Ayala Corp., one of the Philippines\u2019 oldest conglomerates, also announced on Thursday it would build a 210-megawatt wind farm that would be the biggest in Vietnam. The investments will take AC Energy\u2019s total renewables capacity to more than 1,200 megawatts, in line with its target to reach 5,000 megawatts by 2025 and fully divest from coal by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AC Energy Inc. is making its first major investment in India by developing the $68 million Sitara solar plant through a joint venture with UPC Renewables China Holdings Ltd. The 140-megawatt peak solar farm is expected to start generating by the first quarter of 2021 and will supply the Solar Energy Corp. of India via a 25-year agreement, AC Energy said in a statement. It won the agreement via a competitive bid at \u20b92.48 per kilowatt-hour. The facility will be located in Rajasthan state in northern India, which gets some of the most intense sunlight in the country. The energy [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-363897","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=363897"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363897\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=363897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=363897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=363897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}