New Energy Solar has secured a deal to sell two PV projects in New South Wales for AU$288 million (US$223 million), marking the solar investor’s exit from Australia.
A round-up of the latest news in solar project development, as R.Power receives financing for a 183MWp portfolio, BayWa r.e. sells another Spanish project and Sungrow secures a UK inverter supply deal.
Japanese firm says divestment was 'strategic asset recycling' and that 'strengthening of the financial base continues to be one of [Mitsui & Co’s] key initiatives'.