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Coro Energy PLC (AIM:CORO) | RNS | Coro Energy PLC

Coro Energy PLC (AIM:CORO) | RNS | Coro Energy PLC
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Coro Energy announces operational update

Coro Energy announces operational update 13 Apr 2021 Coro Energy, the South East Asian energy company focused on supporting the regional transition to a low carbon economy, has provided an operational update following the recent acquisition of Global Energy Partnership Limited and its portfolio of operated renewables projects. Highlights  Structuring of local Philippines project holding company commenced Work to progress the flagship 100MW wind and 100MW solar projects in the Visayas region of the Philippines initiated, including discussions on the Energy Service Contracts, local landlord engagement, Environmental Impact Assessment, Grid Impact Assessment and the negotiation of Power Purchase Agreements Initiation of a comprehensive data gathering campaign at the 100MW onshore Philippine wind project

MYTILINEOS adds to renewables portfolio

Advertisement As part of its strategic planning for significant expansion of renewable energy sources – both in Greece and abroad – MYTILINEOS has announced the acquisition of a portfolio of 20 solar photovoltaic (PV) farms which are in progress with a total capacity of 1.48 GW, and owned by EGNATIA GROUP. The entire portfolio has been included in the fast-track process. It is estimated that construction will be completed by the end of 2023. In addition, the company will acquire a pipeline portfolio of 21 battery energy storage projects, as well as four additional battery energy storage projects combined with solar parks, all developed by EGNATIA GROUP.

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