Consumers Energy has received approval from state regulators for its Clean Energy Plan, which is set to spur the renewable-energy sector within the state of Michigan.
Canadian Solar subsidiary signs separate 15-year PPAs for Maplewood and Maplewood 2 projects to supply Anheuser-Busch and Energy Transfer, respectively.
African power sector company Globeleq has reached financial close on the 40MW Malindi Solar PV project in Malindi, Kenya and is commencing construction of the plant.
Marubeni Corporation has signed off on an agreement to acquire a stake in Azuri Technologies, entering into the solar home systems sector for off-grid areas in Africa. As a result of this deal, Marubeni’s investment will make the company the largest shareholder of Azuri.
US-based renewable energy developer, owner and operator Longroad Energy has reached a financial close and started construction on the Prospero Solar project in Andrews County, Texas.
Lendlease Energy Development and the Sacramento County Municipal Utility District (SMUD) have signed off on a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, a 160MW PV installation.
Alabama Municipal Electric Authority (AMEA) and Lightsource BP have signed off on a partnership to develop a 130MW PV project in Montgomery County, Alabama.
A consortium led by OCBC Bank is financing a 30MW PV project located in Bukit Keteri, Malaysia. OCBC Bank will serve as the bookrunner and mandated lead arranger of the syndicated project financing.