ROUND UP: Akuo green bond, Canberra wind-solar hybrid, Phoenix EPC contract in Texas

July 26, 2016
Facebook
Twitter
LinkedIn
Reddit
Email

Akuo Energy raises €44 million through green bond issuance

Credit: Akuo energy

26 July: French renewables firm Akuo Energy has raised €44 million (US$48.5 million) through the issuance of green bonds in order to finance renewable energy power plants.

Akuo became the first French renewable energy firm to issue Green Bonds in June last year. In its second issuance, the company raised nearly €10 million more.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Akuo saw many investors renew their interest in the bond issue as well as a number of new institutional investors subscribing. Octo Finances was the lead manager and bookrunner for this bond issue.

Eric Scotto, chairman of Akuo Energy, said: “A year after our first Green Bond issue, we are very pleased to have confirmation that a growing number of investors have organized themselves to be able to participate in the financing of the green economy.”

Large-scale solar and wind plant ready for construction in Australia

26 July: New Gullen Range Wind Farm (NGRWF) is set to build a solar farm co-located with a wind plant near Canberra, Australia.

NGRWF is an entity jointly owned by Beijing and Jingneng Clean Energy (75%) and Goldwind Capital Australia (25%).

A 10MW solar PV plant will be built next to the existing Gullen Range Wind Farm.

The Australian Renewable Energy Agency (ARENA) is providing $9.9 million support for NGRWF to develop and construct the $26 million project.

ARENA chief executive Ivor Frischknecht said: “Co-location provides more continuous energy generation, as wind farms tend to generate more energy overnight whilst solar only generates during the day. Gullen Wind Farm generates more power in winter and the new solar farm will generate more in summer.

“Wind farm owners across Australia could benefit from adding solar plants to their existing sites. Developers can save money on grid connection, approvals and site development costs by co-locating wind and solar plants, whilst also reducing environmental impacts.”

There are roughly 1GW of other opportunities in the country to co-locate solar with wind, according to ARENA.

Phoenix Solar wins EPC contract for 19.6MW PV plant in Texas

Credit: Phoenix Solar

25 July: Germany-based PV firm Phoenix Solar has been awarded an EPC contract by Apex Clean Energy (Apex) to build a 19.6MW solar PV and wind hybrid project for the US military in Texas.

The project, located at US Army Garrison Fort Hood in Killeen, will use wind energy produced at the Cotton Plains Wind facility in Floyd County.

The project is the first installation that Phoenix Solar will construct as a part of a hybrid plant in the US as well as its first foray into the growing solar market in the state of Texas.

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

October 23, 2025
US solar manufacturer T1 Energy sold approximately 725MW of solar modules in Q3 2025, as it continues to expand US manufacturing capabilities.
Sponsored
October 23, 2025
Tongwei's rooftop-focused TNC 2.0 G12R-48 module will be among the products on show at All Energy Australia next week.
October 23, 2025
Spanish power electronics specialist Ingeteam has won a contract to supply inverters and control systems for European Energy Australia's 100MW Winton North solar-plus-storage project in northeast Victoria.
October 23, 2025
Queensland's rooftop solar systems have exceeded 5GW of output for the first time, marking a milestone in Australia's solar expansion.
October 22, 2025
Recurrent Energy, Ampliform and Dimension Energy have announced new financing rounds this month for US solar projects.
October 22, 2025
Leeward Renewable Energy has started commercial operations at its 177MW Ridgely solar project in the US state of Tennessee.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany
Solar Media Events
March 24, 2026
Lisbon, Portugal