Arcadia Power has closed on a US$25 million investment round that the company will now use to expand its outreach to consumers and offer its services. In addition, the company announced that it is developing 120MW of new community solar projects across the US.
Three more vast projects pairing battery energy storage with utility-scale renewable energy installations are in the pipeline in New South Wales, Australia, through developer CWP Renewables.
Fund manager African Infrastructure Investment Managers (AIIM) has acquired majority stakes in nine new solar and wind power plants in South Africa, totaling 800MW.
Thai firm B.Grimm Power Plc, through subsidiary B.Grimm Renewable Power 2 Limited, has purchased an 80% stake in a 257MW solar project in Vietnam from Truong Thanh Viet Nam Group (TTVN).
Trina Solar (Vietnam) Science & Technology, part of China-based Silicon Module Super League (SMSL) member Trina Solar, has secured a US$30 million credit facility with one of Vietnam's four largest commercial banks, VietinBank.
Vast potential in India for solar-powered irrigation says think-tank, SECI extends deadline for 5GW manufacturing tender, NTPC tenders for 900kW rooftop solar project at Assam thermal plant.
BIM Group and AC Energy, the energy arm of Ayala Corporation, have signed EPC and financing documents that will increase a 30MW solar farm in Ninh Thuan province, Vietnam, to 280MW in capacity.
