Renewable energy firm SunEdison has cancelled a US$250 million deal to buy a 16% stake in Brazil’s largest renewable energy company, Renova Energia S.A, which is the second time in two months that the developer has pulled out of deals in the Latin American region.
Solar independent power producer Etrion Corp has completed a €222 million (US$236 million) refinancing of the majority of its solar parks in Italy, which includes long-term, non-recourse bank debt and project bonds.
Dallas-based renewable energy company Tri Global Energy, which has a 6GW portfolio of utility-scale wind projects, has formed a new solar energy business unit named TGE Solar, and acquired California-based rooftop solar provider K12Solar.
Yingli Green's European subsidiary and Poland-based renewable energy firm R Power are expanding their joint project development programme in Poland from 30MW to 60MW.
Many solar developers who were allocated capacity in the Indian state of Telangana’s 2GW solar auction are facing severe delays in the signing of agreements with the state’s government.
Leading CIS thin-film producer Solar Frontier is building a 5MW power plant with TSK in Kuwait as part of a benchmarking project with c-Si technology for the Kuwait Institute for Scientific Research (KISR).
India as a nation is set to contribute more than any other country to the rise in global energy demand over the next 25 years to meet rising incomes and population, however, its energy demand per capita will still be 40% lower than the global average, according to a report from the International Energy Agency (IEA).
The Latin America region saw 181MW of utility-scale solar PV come online in Q3 2015, down 50% from the historic 363MW of installations in Q2, but still helping the market's ability to strengthen growth and move towards maturity in 2016, according to GTM Research’s ‘Latin America Q3 Playbook’.
