Financial & Legal

July 10, 2018
NextEnergy Solar Fund (NESF) has made another acquisition, its fourth this year, with the purchase of a 66.8MW operational portfolio in the UK.
July 9, 2018
juwi Shizen bags EPC order for 42MW Japan solar plant, Financiers plan renewables for 9,300 Solomon Islanders, World Bank to provide US$250 million loan for electricity distribution sector reforms in Rajasthan, India.
July 9, 2018
French energy major Total has completed the acquisition of a 73.04% stake in gas and renewable power provider Direct Energie.
July 6, 2018
Sonnedix Japan has reached financial close on a JPY16.5 billion (US$149 million) non-recourse financing with Sumitomo Mitsui Banking Corporation (SMBC) for the 41.6MW Sano solar PV plant in the Tochigi prefecture, Japan.
July 6, 2018
The Asian Development Bank (ADB) is providing a US$20 million loan and a US$25.44 million grant to support off-grid solar PV pumping for agricultural irrigation in Bangladesh, to replace expensive diesel-based systems.
July 5, 2018
The Asian Development Bank (ADB) has approved a US$90 million loan to help Cambodia strengthen climate resilience and modernize the agriculture sector, including the promotion of renewable energy.
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.

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