8minutenergy Renewables announced that it has closed the financing for its 26MW Redwood 4 Solar Farm located in Kern County, California. In addition, the company announced that construction on the installation has already begun.
In this week's Movers & Shakers, PV Tech reports on employment happenings across the globe in Europe, the US and the Middle East. ACWA Power creates a new clean energy division, the executive director of the IEA wins a prize and 8minutenergy's general counsel is appointed to the US Department of Commerce's Renewable Energy and Efficiency Advisory Committee (REEEAC).
Independent PV developer 8minutenergy Renewables announced that it is beginning a capital raising process to spur growth of its 5.5GW pipeline in the US – including 500MW of wholly-owned near shovel-ready projects with long-term power purchase agreements.
D.E. Shaw buys 11MW Rancho Seco solar project from First Solar, 8minutenergy wins 26MW solar farm in California, India's NTPC issues first Green Masala Bonds, NREL launches energy profiles of US cities.
US PV developer 8minutenergy Renewables has started construction of its Springbok 2 solar farm in California with a tariff below that of most fossil fuel-based generation. 8minutenergy president Tom Buttgenbach discusses the develop process to date.