Conor Ryan

The New Development Bank (NDB) and South African utility Eskom have signed off on a loan agreement for renewable energy Integration and a transmission augmentation project. As part of the deal, the NDB will provide a loan with sovereign guarantee to Eskom for a total of US$180 million.

Macquarie’s Green Investment Group (GIG) has acquired the PV and energy storage unit of Tradewind Energy, a subsidiary of Enel Green Power North America.

Mitsubishi Hitachi Power Systems Americas (MHPS) has launched Oriden, a US-based renewable energy solutions provider.

Duke Energy Florida (DEF) is set to develop three more PV projects within The Sunshine State that will have a combined generation capacity of 195MW.

Azure Power has surpassed 100MW of operating PV rooftop capacity, making the operating portfolio of Azure Roof Power one of the largest in India.

Integrated energy company Sembcorp Industries and Singapore’s largest home-grown integrated logistics provider YCH Group have completed a 2.8MW rooftop solar farm.

Global unit shipments of single-axis PV trackers increased by over 40% in 2018 en route to surpassing the 20GW threshold for the first time.

The European Bank of Reconstruction and Development (EBRD) will provide a senior loan of up to US$12 million on a project finance basis to Zhangiz Solar LLP for the development, construction and operation of a new PV installation.

Sonnedix, a global solar independent power producer, has closed a US$283 million corporate facility, which will retire existing debt and enable further growth acceleration as Sonnedix looks to acquire and develop new projects in OECD countries.

Solar EPC contractor Biosar Energy has installed 27MW of Suntech’s PV modules at the Moerdijk Solar Park, one of the largest PV projects ever developed within the Netherlands. In total, 76,000 of Suntech’s high efficiency, monocrystalline, half-cell solar modules were delivered at the site.