News

French developer and independent power producer (IPP) Neoen will look to raise in excess of €620 million when it floats on the Paris stock exchange.

Single-axis solar tracker firm Soltec has signed a €100 million syndicated credit facility with eleven banks, led by Banco Santander to continue to expand its international business with the opening of subsidiaries in the five continents.

Germany’s Belectric has been handed the contract to perform engineering, procurement and construction (EPC) duties and provide operations and maintenance (O&M) to a 250MW solar park project in India.

The Danish Green Investment Bank has provided €16 million of funding for two projects in Denmark with a combined capacity of 32MW.

Risen Energy will develop up to 300MW of PV capacity in Spain for a cryptocurrency miner.

UK solar distributor Midsummer Energy says its sales figures have doubled in the last year on the back of negotiating key supply partnerships.

The Commonwealth of Virginia’s new energy plan has called for 3GW of solar and wind installations by 2022 as well as grid modernization to handle both solar and wind totalling 5GW by 2028.

Softbank CEO Masayoshi Son has said its solar projects will provide electricity for free beyond the initial 25-year term of their power purchase agreements (PPAs).

Saudi Arabia’s sovereign wealth fund has rejected media reports that a multi-billion dollar solar programme has been halted.

US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.