News

Norwegian investment company Aker Horizons has acquired a 75% interest in Mainstream Renewable Power, valuing the solar and wind project developer at €1 billion.

US utility Hawaiian Electric will turn to thousands of home solar-plus-storage systems for capacity and grid services under a new contract with a virtual power plant provider.

Renewables developers to develop clean hydrogen for the UAE capital's aviation, shipping and transport sectors.

EDP Renewables (EDPR) has acquired an 85% stake in C2 Omega, the distributed solar platform of renewables investor C2 Energy Capital.

‘Solar Module Super League’ (SMSL) member LONGi Group is planning to build a new 15GW monocrystalline solar cell plant in Jinghe New City, Xixian New District, Shaanxi Province, China to become operational in 2022.

The subsidiary of German solar and wind operator raised €450 million (US$543.2 million) from 50 institutional investors.

In this round-up of project news, Lightsource BP unveils the completion of 260MW of solar in Texas, plans for 203MW in Poland are revealed by Respect Energy and Infrastructure and Energy Alternatives is selected as EPC for a Silicon Ranch asset.

The first tranches of a 300MW utility-scale solar project built on a coastal tidal flat in China have been connected to the grid.

Spanish utility Naturgy has made its debut in the US' renewables sector through the US$57 million acquisition of solar and storage developer Hamel Renewables.

Danish developer raises EBITDA forecast for 2020 and predicts €50 million (US$60.3 million) in pre-tax profits by year-end.