Dealing with module warranties from out of business manufacturers is a standard problem in today’s market, according to representatives from an advisory firm that oversaw one of the largest renewable energy deals to date.
Clean Focus Yield Limited and its affiliates have purchased Greenskies Renewable Energy — making Clean Energy the owner and operator of the largest commercial and industrial (C&I) portfolio in the US.
US-based investment fund Global Infrastructure Partners (GIP) and co-investors have acquired Singapore-headquartered Equis Energy, the largest renewable energy IPP in the Asia Pacific region, for US$5 billion along with assumed liabilities of US$1.3 billion.
Indian power firm Hindustan Power has acquired fifteen ready-to-build solar projects in Japan totalling 150MW capacity, with plans to enter Bangladesh by developing four 25MW solar projects at Trishal.
London-headquartered investment firm Foresight Group has acquired the 7.2MW Vale Matanças solar farm in Alcácer do Sal, Portugal, developed by Exus Management Partners.
Kansas City, Missouri-based developer Greenback Renewable Energy has acquired a portfolio of operating residential PV assets worth around US$6 million from an unnamed TerraForm Power subsidiary.
News in Brief: SunPower collaborates with Michigan's largest utility for a residential pilot programme, UOSSM's Syria Solar Initiative completes a 127kWp solar system to provide electricity to hospitals, an Australian aboriginal community starts construction on a solar-diesel hybrid project backed by ARENA and Utah's Legend Solar acquires Aspire Energy.
St. Louis, Missouri-based global energy provider Esco has acquired the renewable energy arm of NRG Systems, located in Vermont, under undisclosed terms.
