Global PV power company VivoPower International has entered into an agreement for the sale of its minority interests in two PV plants operating in North Carolina to a subsidiary of New Energy Solar (NES).
The Latrobe Council in Tasmania has approved the Wesley Vale Solar Farm, a 12.5MW PV project which will become Tasmania’s largest solar installation upon completion.
Gas Natural Fenosa Renovables, the renewables subsidiary of Spanish utility Gas Natural Fenosa, has started construction on a 50MW PV project in Spain.
US energy provider Southern Power has entered into an agreement to sell a 33% minority stake in its PV portfolio to Global Atlantic Financial Group Limited for a purchase price of US$1.175 billion.
Institutional investor Caisse de dépôt et placement du Québec (CDPQ) has signed off on a transaction to acquire a majority stake in Invenergy Renewables, a North American privately held renewable energy company.
NextEra Energy Resources and utility Salt River Project (SRP) have completed the Pinal Central Solar Energy Center in Arizona, an integrated PV plant equipped with a battery system that will store energy and allow SRP to provide power to its customers.
The Australian Renewable Energy Agency (ARENA) has announced a US$5.2 million funding initiative that will examine how PV projects, wind farms and storage systems can offer grid stability and security services.
