Independent power producer Sonnedix acquired twelve PV plants in Spain shortly before the end of 2017.
A fund of Global Infrastructure Partners (GIP) is to acquire NRG Energy, Inc.’s US renewable energy platform businesses and its stake in NRG Yield, Inc. (NYLD) for US$1.375 billion in cash.
Local firm Gostaresh Energy No Atiyeh has completed a 10MW solar PV project in the Yazd Province of central Iran.
Lowering the cost of finance could lead to dramatic reduction in the levelised cost of energy (LCOE) of solar, according to LONGi Solar.
EDF, Clal Sun and Belectric complete 30MW project in Israel, Invenergy issues bond to refinance 65MW Uruguay project, More large-scale completion in Iran.
This is expected to supply power to 250 million people, with 90 million of these provided through off-grid systems.
Independent power producer Sonnedix has acquired 11 PV plants in Italy totalling 6.75MW, taking the firm’s portfolio in the country up to 114MW of operating PV generation capacity.
InfraCo Africa has partnered France-based developer Solvéo Energie by committing up to US$3.1million for a 45% equity interest in the development of a 40MW solar project in the Republic of Guinea.
The government of India is also setting up a US$350 million solar development fund to finance projects.
ACWA Power has reached financial close on three solar PV projects under round two of Egypt Feed-in-Tariff program II – with the three installations boasting a generation capacity of 165.5MW.
A solar developer in the UK has revealed it is planning a 120MW solar array in the north of the country, the second such major project announced in recent months.
Foresight has completed the acquisition of Canadian Solar’s Australian solar project pipeline.
The German subsidiary of UK firm Oxford Photovoltaics (PV) has been awarded €15 million (~US$18 million) by the European Investment bank (EIB) to support the commercialisation of the company’s perovskite photovoltaic technology.
Saudi energy company ACWA Power has reached financial closing on a 61.3MW PV project that it is developing in the Risha region of Jordan.
The European Investment Bank (EIB) and India-based Yes Bank are supporting Indian solar and wind projects with a new US$400 million co-financing initiative.