A subsidiary of Reliance Capital, part of major Indian conglomerate Reliance Group, has signed an agreement to obtain INR3 billion (US$46 million) in funding from the Indian Renewable Energy Development Agency (IREDA) for lending to renewables and energy efficiency projects.
A Joint venture between Enel subsidiary Enel Green Power (EGP) and Dutch Infrastructure Fund (DIF) has begun construction of the 137.7MW Bungala Solar One plant, which is located near Port Augusta in South Australia. EGP is set to bag a US$1.35 billion deal on 1.7GW of solar and wind projects in Mexico.
Acciona has selected eight startup companies — Smallmatek, Goi, Hemav, Kineo, Mytra, Smartive, Be More 3D and Artelnics — to take part in the first version of the corporate accelerator within its I'MNOVATION open innovation programme.
Independent solar power producer Scatec Solar ASA has teamed with Norway’s multinational oil and gas company, Statoil ASA to support the funding of a 162MW solar power plant project in Brazil.
Yesterday’s record-breaking bid opening in Saudi Arabia for 300MW of solar has grabbed headlines, including on PV Tech, but while the exact parameters of the RfP remain covert, the bid levels have sparked debate about whether such low prices can be possible without some kind of escalating tariff mechanism or other distortion.
Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.
Chinese PV firm LONGi Solar, which is the subsidiary of LONGi Group, has become arguably the industry’s greatest advocate of monocrystalline solar. In the first installment of a two-part interview, Zhenguo Li, LONGi Group’s president, speaks with Mark Osborne about the concept of PV3.0 and where the industry is likely to head next.
China-based PV manufacturer and downstream project developer ReneSola has officially completed the divestment of its integrated solar manufacturing operations to its chairman and CEO to focus exclusively on downstream business development.
Thai renewable energy firm BCPG, an arm of oil and gas company Bangchak Corporation, is actively looking at investing in rooftop solar as well as an online marketplace for clean energy, according to a Reuters report.
