project sale

Greek industrial group Mytilineos said its renewables and storage unit continues with “full speed” to invest in solar and battery energy storage systems globally following a 2021 that saw the business expand its PV engineering, procurement and construction (EPC) operations.

Solar developer ReneSola Power has completed the sale of 37MW of PV projects in Poland to Danish solar investment and management company Obton.

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'.

The US$182 million Adani deal is part of an ongoing effort by Essel Group to shrink its debt.

Incentive scheme exceeds expectations in Spanish archipelago, Unisun exits FiT-backed 11.75MW plant, Gonvarri in tracker deal with Sonora project.