International solar PV systems integrator Phoenix Solar has lowered its full-year revenue guidance a second time but added a profit warning as delays in project approvals increase due to the US ITC ‘Section 201’ trade case creating market uncertainty.
US-based investment fund Global Infrastructure Partners (GIP) and co-investors have acquired Singapore-headquartered Equis Energy, the largest renewable energy IPP in the Asia Pacific region, for US$5 billion along with assumed liabilities of US$1.3 billion.
US residential solar PV and energy storage installer Sunrun has secured a US$244.5 million of senior secured credit facilities from a syndicate of lenders for future growth.
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.
