Financial & Legal

July 5, 2018
A Saudi Arabian sovereign wealth fund has taken a 15.2% stake in ACWA Power, a dominant solar power developer in the Middle East.
July 2, 2018
South African utility Eskom and German Development Bank KfW have signed a US$100 million (~R1.35 billion) loan facility that will go towards improving the transmission network to support grid integration of renewable energy projects after 27 power purchase agreements (PPAs) were signed in April.
July 2, 2018
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has secured a JPY5.3 billion (US$47.8 million) syndicated loan agreement for up to two years with a bank consortium led by Sumitomo Mitsui Banking Corporation (SMBC) to expand its business in Japan.
June 29, 2018
Struggling major China-based PV manufacturer Yingli Green Energy has said that it would not appeal a notification from the New York Stock Exchange (NYSE) on June 28, 2018 to de-list the company, due to non-compliance.
June 28, 2018
US-based PVD thin film materials supplier SCI Engineered Materials has secured its largest ever order valued at around US$2 million from a CIGS (Copper, Indium, Gallium, Selenide) thin-film module manufacturer in China.
June 28, 2018
It now makes economic sense for most corporates in India to look for a cheaper source of power, particularly through renewable energy, according to a new report from The World Business Council for Sustainable Development (WBCSD).
June 28, 2018
Australia-based firm Carnegie Clean Energy Limited plans to sell its solar, storage and micro-grid division to Tag Pacific Limited, which will result in the formation of a significant EPC company.
June 27, 2018
A consortium of investors have purchased the project rights for 42MW of capacity awarded in the country’s contracts for difference (CfDs) scheme.
June 26, 2018
NEW Energy Solar has agreed to acquire the 55.9MW Manildra Solar Farm, in Central West, New South Wales, from a subsidiary of First Solar for AU$113 million.
June 25, 2018
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings is to form a joint venture (JV) with Japanese conglomerate, Mitsui to invest in new-generation energy and infrastructure related businesses in China as well as other ‘selected’ overseas countries.

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