Standard & Poor's (S&P) has lauded the early performance of the solar assets it rates, ultimately concluding that operational risk in solar is “more benign” than other renewable technologies.
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.
