Projects

Portuguese renewable energy developer, EDP Renováveis (EDPR), has secured €30 million (US$41 million) in project finance for 50MW of Romanian PV, despite recent cuts to the county's solar incentives.

US conglomerate General Electric (GE) will invest in the running of Japan’s largest solar power plant, an ¥80 billion (US$777 million) scheduled for completion in 2018, according to reports in Japanese and international media.

Canadian firm Fengate Capital Managemangent has reached financial close on a 7MW PV project in Ontario.

PV mounting system installer Unirac has been chosen by Sunora Energy Solutions and NRG Energy to develop a 37.2MW Ground Mount Steel (GMS) mounting system in Inarajan, Guam.

Norway based developer, Scatec Solar, is to build a 10MW PV power plant in Jordan.

Led by BofA Merrill Lynch, SolarCity has secured US$250 million in a new financing facility to support the roll-out of more than 200MW of PV system installations in the US.

Concentrator PV (CPV) specialist, Soitec, has said its 44MW Touwsrivier solar power plant in South Africa has reached 50% commissioning.

One of Mexico’s largest retail companies, Tiendas Soriana, is teaming up with global photovoltaic company, Hanwha Q Cells, to install solar across 120 of Mexico’s supermarkets.

Renewable project developer, Invenergy Solar Development, has acquired semiconductor manufacturer Soitec’s 7MW solar plant.

A US$250 million loan for a concentrating solar power (CSP) plant in Israel has been approved by the Overseas Private Investment Corporation (OPIC), a US government development finance group.