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Carlyle Group to invest US$100m in US solar

New affiliate Cardinal Renewables will acquire solar projects that venture partner Alchemy Renewables will then manage, operate, maintain and place tax equity financing for.

GCL New Energy selling 294MW of PV projects for US$156.5 million in China

International renewable energy provider GCL New Energy, a subsidiary of GCL-Poly has signed a deal to sell 7 operational solar power plants in China with an aggregate installed capacity of approximately 294MW to one of the five largest state-owned electric utility enterprises in China, China Huaneng Group.