Projects

Renewable energy developer, Hareon Solar has signed a Letter of Intent to invest CNY10 billion (US$1.6 billion) for a 1GW solar farm in Inner Mongolia.

Solar companies Conergy and Camborne Energy have announced the sale of a planned 40MW solar farm portfolio to investor Primrose Solar.

Chinese renewable energy project developer, Focusic New Energy Holding, has secured a loan of CNY200 million (US$32.8 million), from the China development bank.

The second of two major projects SunEdison is expecting to complete in Chile during the first quarter of 2014 has received project financing of US$100.4 million from the Overseas Private Investment Corporation (OPIC), the US government's development finance institution and IFC, a member of the World Bank Group.

Solar manufacturer, ET Solar, is supplying modules to a 21MW solar project in North Carolina.

Japanese mobile telecom company Softbank and trading company Mitsui & Co have announced that the two companies will partner in the construction of two utility-scale solar plants in Japan.

The 75MW Kalkbult solar plant has become the first utility-scale PV project under South Africa’s renewable energy programme to begin generating power.

Two solar projects, totalling 181MW, have been approved by Chile’s Environmental Evaluation Service (SEA).

The largest solar farm in the UK, the 33MWp plant in Wymeswold, Leicestershire, has been sold by Hazel Capital Solar and SAG Solarstrom for £43.7 million (US$70 million) to institutional investor Foresight Solar Fund.

Swedish furniture retailer, Ikea, is doubling the size of its US Maryland PV installation.