Fund manager Global Infrastructure Partners (GIP) and its co-investors have closed on their previously announced acquisition of 100% of the equity interest in renewable energy developer Equis Energy, in what is the largest renewable energy generation deal in history.
China's CETC Renewable Energy Technology Company has signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to set up a PV cell manufacturing facility in the Indian state.
Saudi Arabia plans to tender seven solar projects with a combined capacity of 3.3GW during 2018, according to a statement from Turki Al Shehri, head of the country's Renewable Energy Project Development Office (REPDO), confirming news from Bloomberg earlier this week.
The Solar Energy Industries Association (SEIA) has sent a plea to president Trump asking him to preserve tens of thousands of US solar jobs by not imposing high tariffs on imported solar panels, while Trump himself has indicated that he will make a decision on the Section 201 Case soon.
Yes Bank, India’s fifth largest private sector bank, has said it will mobilise US$1 billion of financing for solar projects in India up to 2023 and US$5 billion up to 2030, while at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi.
Sunseap signs 4MW commercial solar PPA with PSA in Singapore, Luxcara acquires 45MW solar project in southern Spain for institutional investors, Equis commissions 5MW of solar in Taiwan, Local firm completes 1.5MW PV project in iran.
Acwa Power has contracted China’s Chint Group to provide EPC services for three solar PV plants totalling 165.5MW at the Benban Solar Park in Aswan, Egypt.
The IFC has arranged a financing package of up to US$188 million for Jordan’s largest PV plant, a 200MWac / 248MWdc project developed by Masdar Abu Dhabi Future Energy Company.
Dealing with module warranties from out of business manufacturers is a standard problem in today’s market, according to representatives from an advisory firm that oversaw one of the largest renewable energy deals to date.
