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Home East Asia

Joint Venture: BII and Idemitsu Back Skye Renewables for 300 MW Solar Capacity in South-East Asia, Aiming to Offset 270,000 Tonnes of CO2 Annually

NEWSROOM by NEWSROOM
March 28, 2024
in East Asia, Energy
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In a strategic move towards bolstering renewable energy initiatives in South-East Asia, British International Investment (BII) and Idemitsu Kosan (IKC) have announced a collaborative investment in Skye Renewables Energy Pte Ltd. The venture aims to support the development of greenfield solar projects and foster the region’s transition towards sustainable energy sources.

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South-East Asia, characterized by a rising demand for power coupled with a heavy reliance on fossil fuels, presents a ripe opportunity for the expansion of renewable energy ventures. Skye, established in 2022,…



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