Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
Leading companies in the solar power sector are invited to participate at the United Nations Environment Assembly (UNEA) in May to demonstrate the latest developments in the industry.
International solar PV EPC firm Phoenix Solar has reported preliminary 2015 financial results with revenue of €119 million, up 250% from the prior year.
Spanish parties representing a majority in parliament have signed an agreement to remove the controversial Royal Decree against self-consumption of solar energy within 100 days of a government being formed.
Novel epitaxial wafer technology start-up NexWafe a spin-off from Fraunhofer ISE has raised €6 million in Series A funding from Swiss-based Private Equity firm Lynwood (Schweiz) AG.
The incumbent energy industry must play its part in developing the energy transition instead of “protecting the past”, SolarPower Europe’s president Oliver Schaefer has said.
Foresight Solar Fund has added to the woes of SunEdison, revealing that the two parties are in advanced negotiations to settle a claim over underperformance at three UK project sites.
Russian electric power industry and heat supply firm T Plus, a subsidiary of Russian conglomerate Renova, has completed a 25MW solar PV plant and plans a further 135MW solar capacity.
