RES Australia has reached financial close on the 68MW Emerald Solar Park in Queensland, Australia, with the company adding that construction of the PV plant will commence immediately.
TransCanada Corporation has entered into an agreement to sell its PV portfolio of eight facilities in Ontario with a total generation capacity of 76MW to Axium Infinity Solar — a subsidiary of Axium Infrastructure Canada II Limited Partnership — for $540 million.
Private equity fund SoftBank Vision Fund has officially signed a memorandum of understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.
Investment company Hannon Armstrong has issued US$163.75 million in green bonds to support an extensive portfolio of PV projects located across the US.
Brazilian bank Banco do Nordeste announced that it will provide financing for a portfolio of PV projects in Brazil that boast a combined generation capacity of 482MW.
Recurrent Energy, a wholly owned subsidiary of Canadian Solar, announced that its 71MW PV project in Cumberland County, North Carolina has reached commercial operation.
Florida Power & Light Company (FPL) has installed more than half of the 2.5 million solar panels that will comprise an eight-project, 596MW PV pipeline that will power Florida customers by early 2018.
