Projects

PV project developer, SPI Solar is raising US$43.8 million in a private placement with a subsidiary of Evergrande Real Estate Group, said to be one of the largest real estate developers in China.

According to inverter manufacturer, Ingeteam, the largest solar power plant in Oceania, the 20MW Royalla Solar Farm has been commissioned.

PV project developer, SPI Solar has completed the acquisition of Sinsin Renewable Investment Limited (SRIL) in cash and shares totalling US$91.7 million on plans to develop 360MW of projects, primarily in Greece.

Canadian Solar has sold three large-scale solar PV plants to TransCanada, the oil and energy infrastructure company that is also behind plans for the controversial Keystone XL tar sands oil pipeline.

A hybrid solar and wind farm with a combined generation capacity of 56MW, built by a consortium of companies including Mitsui Chemical and Toshiba in Japan has begun commercial operation.

SmartFlex, a three-year project part-funded by the EU, has completed a factory that will manufacture individually-designed solar facades.

PV developer Martifer Solar, a subsidiary of Martifer SGPS, has agreed to terms on almost 90MW of third-party operations and management (O&M) contracts with multiple PV plants in Italy.

Spanish PV developer, OPDE has received planning permission for a 10.8MW solar farm in Somerset in southern England.

The 500MW Palen concentrating solar power (CSP) project has withdrawn its planning application less than a week after authorities said it had to be scaled down.

A joint venture involving GE Energy Financial Services has secured a loan worth more than US$800 million for the building of Japan’s largest solar power project to date.