Billed as the ‘Largest Single Commitment to Renewable Energy by a State in U.S. History’ the State of New York announced a US$1.4 billion investment package and over US$3 Billion in direct investment in solar, wind and hydro energy projects, expected to generate around 3,000 jobs.
News from Hevel, a Solaria lawsuit, US$100m for solar from the Green Climate Fund, more Japanese finance for Canadian Solar and a new home for Intersolar India.
NextEra Energy is suing the US Treasury Department for more than US$135 million claiming that it miscalculated grants owed to it for the Silver State Solar project in Nevada.
A fund of Global Infrastructure Partners (GIP) is to acquire NRG Energy, Inc.’s US renewable energy platform businesses and its stake in NRG Yield, Inc. (NYLD) for US$1.375 billion in cash.
EDF, Clal Sun and Belectric complete 30MW project in Israel, Invenergy issues bond to refinance 65MW Uruguay project, More large-scale completion in Iran.
Independent power producer Sonnedix has acquired 11 PV plants in Italy totalling 6.75MW, taking the firm’s portfolio in the country up to 114MW of operating PV generation capacity.
InfraCo Africa has partnered France-based developer Solvéo Energie by committing up to US$3.1million for a 45% equity interest in the development of a 40MW solar project in the Republic of Guinea.
ACWA Power has reached financial close on three solar PV projects under round two of Egypt Feed-in-Tariff program II – with the three installations boasting a generation capacity of 165.5MW.
