Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and Chinese government-owned Silk Road Fund, have achieved financial close on the 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Macquarie’s Green Investment Group and Univergy International are to collaborate through a new business entity, Nara Solar to build over 700MW of PV projects in Spain, France and the Netherlands.
PV wet chemical processing equipment supplier RENA Technologies has been acquired by private equity firm, Equistone Partners Europe for an undisclosed sum.