Global off-grid solar company BBOXX has closed on a US$5 million financing facility with Deutsche Asset Management’s fund Essential Capital Consortium that will help it bring power to 150,000 Rwandans.
With one month to go before the Solar and Off-Grid Renewables Southeast Asia conference in Bangkok, PV Tech caught up with Franck Constant, president of renewables and storage investment platform Constant Energy, to discuss the current state of solar in the largest Southeast Asian markets.
The Clean Energy Finance Corporation (CEFC) and the Australian Renewable Energy Agency (ARENA) have both financed the Kennedy hybrid solar, wind and storage project in north Queensland, which is being developed Windlab and Eurus Energy.
Canadian Solar has partnered with Israeli insurance and finance group Menora Mivachim in an effort to raise US$60 million to finance solar projects in Israel.
Norwegian firm Saga Energy has signed a preliminary agreement with Iranian state-run firm Amin Energy Developers to build solar plants requiring investment of €2.5 billion investment (US$2.9 billion) in Iran, according to a Reuters report.
PV cell and module manufacturer TSEC Corporation has signed a memorandum of understanding (MoU) with the government of Pingtung County to aid the development of up to 1GW of solar PV capacity in southern Taiwan.
Leading Taiwanese solar cell and module manufacturer Motech Industries said it was entering into a Joint Venture (JV) with metallisation paste supplier, Giga Solar Materials Corp to establish a solar module assembly plant in Taiwan to meet future domestic demand.
What a start to the PV Taiwan 2017 week! There have been some rather tame mergers and acquisitions in the solar PV industry over the years - not to mention the shuffling of zombie factories within China – but the news today that Neo Solar Power, Gintech Energy Corp., and Solartech Energy are planning to merge is worthy of far more scrutiny.
