The French independent power producer (IPP) REDEN Solar has refinanced the bulk of its domestic assets raising €270 million (US$312 million) in the process.
Lightsource BP has completed its first utility-scale solar farm in India after bringing online a 60MW project in Maharashtra, having won the contract through a competitive 450MW tender process completed in September 2016.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has won a bid to build a ‘Top Runner’ PV power plant of 250MW with partner, Three Gorges New Energy in Yijun County, Tongchuan City, China.
Canada Pension Plan Investment Board (CPPIB), which has been actively investing in renewables over the last year, now plans to issue its inaugural Green Bond, and it claims to be the first pension fund to do so.
According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.
Utility NV Energy has awarded contracts in the US state of Nevada for over 1,000MW of renewable energy projects – including a 420MW-dc solar farm – and has also requested approval for 100MW of energy storage.
United Renewable Energy Co., Ltd. (URE), the planned name for three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy are still evaluating the commercial rationale of establishing a US-based PV manufacturing plant, post the merger, which is being targeted for October 1, 2018.
Canada-based PV project developer and EPC Grasshopper Solar has secured a new round of project finance from Deutsche Bank to enable further PV power plant construction and ownership.
