Companies

Renewable energy investment fund manager Copenhagen Infrastructure Partners (CIP) launched its second Growth Markets Fund (GMF) this week (4th December), seeking US$3 billion in financing for renewable energy generation.

Enfinity Global has secured €118 million to construct four utility-scale solar PV plants with a total capacity of 101MW in Italy.

UAE state-owned renewable energy developer Masdar has signed a number of solar PV and renewables agreements in small and emerging global solar markets.

The solar industry in California “has experienced devastating results in the form of business closures and depression-level layoffs”.

Under the agreement, bp will acquire the remaining stake of 50.03% in Lightsource bp at a base equity value of US$320.96 million.

The Vista Alegre solar plant will supply electricity to aluminium producer Albras for 21 years through a power purchase agreement.

Renewable energy financier Excelsior Energy Capital has closed US$1.3 billion in financing for its recently-acquired 682.5MW Faraday solar PV project in Utah County, Utah, US.

Trina Solar has signed a supply agreement with Fiber X to supply modules and trackers to a project under development in Brazil.

Summit Ridge Energy has acquired a portfolio of community solar projects in the state of Virginia, with a total capacity of 100MW.

Indian solar manufacturer Waaree has shipped 850MW of PERC modules to Spanish developer Acciona Energia for use at its solar sites in the US.