Ayala Corporation, part of Filipino conglomerate Ayala Group, has acquired a controlling stake in Silicon Valley-based firm Merlin Solar Technologies, which produces flexible, mobile and wearable crystalline silicon solar modules.
Silicon Module Super League (SMSL) member Canadian Solar has partnered Amsterdam-headquartered Photon Energy NV to co-develop five utility-scale solar power projects, with a total capacity of 1.14GW in New South Wales, Australia.
Global investment management organisation Canada Pension Plan Investment Board (CPPIB) has acquired a 6.3% stake in Indian renewables developer ReNew Power Ventures from the Asian Development Bank (ADB) for US$144 million.
Fund manager Global Infrastructure Partners (GIP) and its co-investors have closed on their previously announced acquisition of 100% of the equity interest in renewable energy developer Equis Energy, in what is the largest renewable energy generation deal in history.
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.
The Indian arm of US-based PV developer and thin-film specialist First Solar has agreed to sell 190MW(AC) out of 200MW(AC) of its operational PV plants in India to a private equity fund represented by Indian firm IDFC Alternatives, according to a First Solar spokesperson.
Austrian O&M provider ENcome has reached the gigawatt threshold for the amount of PV power plants it services worldwide. It also recently entered the Australian market for both O&M and engineering and advisory services.