The US$1.6 billion sale of major US utility-scale solar developer and operator FTP Power LLC (sPower) to AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) has been completed.
Panoche Valley Solar LLC, a subsidiary of Consolidated Edison Development, will need to make some major adjustments to its 247MW PV project in California’s Panoche Valley.
Integrated renewable energy firm Cypress Creek Renewables has secured a US$450 million facility from a group of investors led by Singapore-based investment company Temasek.
Italian inverter developer Elettronica Santerno, a subsidiary of Enertronica, has signed off on a contract to supply 27MW of PV inverters to a power utility in Nevada.
GE Energy Financial Services (GE EFS), the energy investing unit of General Electric, has raised what it claims to be the largest solar energy fund in Japan to invest in Japanese solar power projects.
Delegations from the US and India have agreed that India has until 14 December this year to enact the ruling of the World Trade Organisation (WTO) against its local content policy for solar equipment.