ROUND-UP; TerraForm Saeta offer, Bifacial Taiwan rooftop, Spain auction projects, Schletter 35MW

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Credit: Schletter

TerraForm Power launches offer to acquire Saeta Yields

8 February: TerraForm Power has launched a voluntary tender offer to acquire 100% of the outstanding shares of Saeta Yield, S.A., a publicly-listed European owner and operator of wind and solar assets, located primarily in Spain.

“With the Saeta acquisition, we are excited to significantly grow our portfolio of high-quality wind and solar assets and expand our geographic footprint with a scale position in Western Europe,” said John Stinebaugh, chief executive of TerraForm Power.

“With Brookfield as our sponsor, we believe this transaction demonstrates our ability to originate acquisitions of high-quality assets on a value basis that are highly accretive to our shareholders.”

The tender offer is expected to be completed in the second quarter of 2018.

Schletter provides mounting systems for 35MW solar plant in China

8 February: The Schletter Group has provided mounting systems for a 35MW solar project in China. The Anhui Jin solar farm in Anhui Province produces electricity for nearly 20,000 households.

“We are already in an excellent position in the fast-growing Chinese market,” said Florian Roos, managing director of the Schletter mounting systems manufacturing facility in Shanghai. “This project, which is particularly demanding due to its topography, contributes to further strengthening our reputation as a leader in terms of quality.”

The systems were installed by the contractor Shan YD EPC. Schletter had previously trained Shan's technicians onsite. The Anhui Jin solar farm is to be expanded by a further 15MW in the coming months.

Spanish government identifies projects from 3GW renewables tender

8 February: The Ministry of Energy, Tourism and Digital Agenda has identified all the projects that were awarded in the first 3GW renewable auction held in May 2017.

A total of 165 concrete projects have been identified mostly in wind, as well as PV and other technologies (hydraulics, biogas or bioliquids and solar thermoelectric). Solar technology was assigned only 1MW in this auction. 

The 165 identified projects are located in 12 regions: Aragón (80 projects), Galicia (25), Castilla y León (20), Castilla la Mancha (13), Andalucía (9), Navarra (5), Cataluña (5), Murcia (4), Basque Country (1), Extremadura (1), Madrid (1) and Asturias (1).

The Government held a second auction in July last year where another 5GW of renewable energy were awarded.

NSP completes 2MW rooftop system in Taiwan with bifacial modules

8 February: Vertically integrated Taiwanese solar firm Neo Solar Power Corporation has launched a 2MW rooftop solar installation using bifacial modules on the rooftop of the Training and Employment Center of Tainan Government.

This is the first rooftop system using NSP's P-type double glass and double side generation modules (Glory BiFi Modules) in Taiwan. This system uses 6,500 modules.

Read Next

May 3, 2021
China installed 5.56GW of solar in Q1 2021, new data from the country’s National Renewable Energy Consumption Monitoring and Warning Center has revealed.
April 28, 2021
Spanish energy giant Iberdrola has partnered with oil and gas majors bp and Enagas on a feasibility study to develop a large-scale green hydrogen project in Valencia.
April 23, 2021
Spanish energy group Iberdrola is hoping to launch a solar-plus-hydrogen power project to decarbonise ceramic tile maker Porcelanosa’s production process.
April 21, 2021
Independent power producer Opdenergy has mandated BBVA as the underwriting entity for financing the development and construction of its 725MWp backlog of solar projects in Spain.
April 20, 2021
A new PV manufacturing start-up, Greenland, is collaborating with Fraunhofer ISE and Bosch Rexroth on a 5GW highly automated and integrated manufacturing facility in Spain.
April 20, 2021
Amazon has announced plans for nine new utility-scale solar and wind projects in the US, Canada, Spain, Sweden and the UK, putting it on track to powering all its activities with renewables by 2025.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 11, 2021
Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021