Month: January 2017

The New Development Bank (NDB), a multilateral development institution has, sanctioned a $75.6 million loan to Shanghai Lingang Hongbo New Energy Development Limited to help set up a 100 MW solar photovoltaic (PV) farm in […]

Norway-based solar PV company Scatec Solar has completed the sale of its sponsor equity in the 104 MW DC Utah Red Hills PV project to MIC Renewable Energy Holdings, a subsidiary of the Macquarie Infrastructure […]

China-based solar PV manufacturer GCL System Integration Technology has announced that it will invest $32 million in Vietnam-based Vina Cell Technology Company Limited to develop a 600 MW solar cell project in Vietnam. It has […]

Denmark-based renewable energy developer Pure & Better Energy has won 20 MW of solar PV projects at the inaugural Denmark-Germany cross border auction at a tariff of $1.81 per MWh. This tariff is in addition […]

UK-based renewable energy merchant bank NextEnergy Capital has signed a binding share purchase agreement with Italy-based Veronagest SpA to acquire the latter’s solar PV projects aggregating 16.6 MW for its private equity fund, NextPower II. […]

The project development arm of Korea-based LG Group has secured the rights to develop a 55 MW solar PV plant in Japan,  which will be owned and operated by Canadian Solar. Seoul-based Hanwha Asset Management, […]

Switzerland-based independent solar power producer Etrion Corporation has bought back bonds worth Euro 40 million from its bondholders, with offers up to and including the par value with accrued and unpaid interest. The proceeds from […]

South Korea-based wind energy developer GS Yeongyang Windpower has awarded a contract to Denmark-based turbine manufacturer Vestas for the supply of seven units of V112 turbines  of 3.45 MW capacity each. The turbines will be […]

Denmark-based Dong Energy has sold a 50 per cent stake in its 1 GW Bay State Wind Project to local utility Eversource Energy. The project was acquired by Dong from RES Americas in April 2015. […]

Germany-based wind turbine manufacturer Nordex has received its first order in Turkey from Bakir Enerji and Marmarares Elektrik for the Esenköy and Kürekdagi wind farm projects. The former is located in the Marmara region, northwest […]

Germany-based renewable energy developer BayWa r.e. has awarded a global procurement framework contract to China-based technology company Huawei for the supply of 400 MW of inverters. The contract also includes the development of smart PV […]

Canadian Solar has secured a loan of Euro 49.3 million from UK-based bank NatWest for the refinancing of 10 solar PV parks in the UK with a combined capacity of 50 MW. The non-recourse term […]

Germany-based wind turbine manufacture Senvion has received two contracts in Australia and the UK. In Australia, it received a contract from Australia-based wind farm developer Pacific Hydro to supply, install and service 14 MM92 turbines […]

In December 2016, Denmark-based wind turbine manufacturer Vestas received orders aggregating 2.75 GW across 12 countries worldwide. In the US alone, it received orders for 1.64 GW of capacity, accounting for almost 60 per cent […]

US-based residential solar company Sunrun, Inc. has announced a partnership with US-based investor-owned utility National Grid. This includes a joint marketing agreement, a collaborative grid services pilot project, and a partnership to own nearly 200 […]

China-based solar power company Wuxi Suntech has achieved the conversion efficiencies of as high as 20.82 per cent and 19.11 per cent for its monocrystalline and polycrystalline solar cells respectively. This comes two months after […]

AC Energy Holding, Inc., a wholly owned energy-focused company of the Ayala Corporation, has signed investment agreements worth $150 million with UPC Renewables Indonesia Limited to develop, construct and operate a 75 MW wind power project in South […]