The European Investment Bank (EIB) has made its largest equity investment in clean energy this year, with a €50 million (US$68.5 million) investment into the second Glennmont Fund.
Hanwha Chemical, the owner of PV module manufacturer, Hanwha Q CELLS, has made a US$188.5 million cash injection into the company to expand capacity and expand its downstream PV project business.
Tier one Chinese PV manufacturer, ReneSola has reported another quarter of record shipments and revenue that exceeded guidance as its PV module and OEM business continued to increase.
Manufacturer of PV screen printing equipment, DEK Solar, has been sold as part of a deal between the owner of DEK, Dover Corporation, and ASM Pacific Technology (ASMPT), itself a part of Dutch-based semiconductor equipment supplier ASM International.
Distributed generation (DG) projects expected to be completed in 2013 by SunEdison have received further financial support from asset-based financing firm, De Lage Landen, a subsidiary of Rabobank Group.
Alterra Power Corp, a renewable energy company headquartered in British Columbia, Canada, has sold a 10% stake in a 50MW solar power plant in Ontario to a consortium headed by Fiera Axium Infrastructure.
Shunfeng Photovoltaic is planning to place a 10-year convertible bond valued at HK$3,580,000,000 (US$461.77 million) with selected investors to pay for the US$492.3 million acquisition of Wuxi Suntech via court administrators in China.
