Power Plants

A division of Mitsui, one of Japan’s largest trading groups, is to jointly invest in 25MW of PV projects in Japan with equity investment manager Tokio Marine Asset Management.

China underlined its position as the new world solar superpower last year by raising more in PV financing than the whole of Europe, according to the Global Renewable Energy Report 2014.

Leading US solar developer NRG Energy is to reorganise its renewable energy business after posting mixed second quarter results.

Chinese manufacturer, ReneSola, is to supply 22MW of its modules to two solar projects in the UK.

SunEdison posted a US$0.12 earnings per share (EPS) profit in the second quarter of 2014 as the company’s projects business enjoyed strong growth.

China has installed 3.3GW of solar power capacity in 2014 so far, according to official data released by the National Energy Administration (NEA).

Struggling inverter manufacturer SMA has purchased Phoenix Solar’s European operations and maintenance business.

A 40.4MW solar power plant fitted with an observatory deck and visitor centre has been completed by Mitsuuroku Green Energy and its partners in Chiba, near Tokyo, Japan.

US thin-film manufacturer, First Solar is to build a 45MW solar power plant in the state of Telangana, India.

Vivint Solar has made a confidential filing for an initial public offering (IPO) through its parent company Vivint Inc, according to a report by news agency Reuters.