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.
Amaranto has launched an investment vehicle dedicated to acquiring PV projects in India and has secured exclusive rights to purchase a 110MW solar project in the West of the country for around US$80 million.
International PV developer Sonnedix has acquired a 21.6MW solar portfolio comprising five ground-mount projects in Italy from private equity firm First Reserve.
Global alternative asset manager Brookfield announced Tuesday that it has entered into a definitive agreement with SunEdison yieldco TerraForm Power, under which Brookfield will assume the role of TerraForm Power’s sponsor and also become the controlling shareholder.
Major global power firm AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) have agreed to acquire utility-scale solar developer sPower from Fir Tree Partners and its minority owners.
PARI Group, a number of energy saving and renewable energy businesses, has signed a letter of intent with Germany’s Renusol to acquire its European solar mounting business assets.
Global energy management firm Schneider Electric has acquired US clean energy product provider Renewable Choice Energy in a deal announced on Wednesday.
In this week's segment, PV Tech reports on energy storage in Australia, acquisitions in India, and policy-makers in the US, in a round-up of the most dynamic employment stories over the last fortnight.
