Head Lines
SkyPower has made a number of announcements, including a power-purchase agreement in India, and plans for 2.2 gigawatts of projects in Djibouti and Bangladesh.
SkyPower Aiming High With Deals for Solar Projects in South Asia, Africa Read More »
Enel Green Power has signed an agreement to sell its entire holding in its Portuguese unit Finerge Gestao de Projectos Energeticos to First State Wind Energy Investments for €900 million (US$1.04 billion).
Enel Sells Off Portuguese Wind Operations in US$1 Billion Deal Read More »
Amazon has secured approval for a 80-megawatt solar farm developed by Community Energy in Accomack County, Virginia, called Amazon Solar Farm US East.
Governor Terry McAuliffe said the Virginia Department of Environmental Quality will issue the first Permit By Rule for the project, which will more than quadruple the amount of solar energy currently installed in the Commonwealth.
Amazon Gets Approval for 80-MW Solar Farm in Virginia Read More »
Fotowatio Renewable Ventures, also known as FRV, has received approval to set up the A$400 million (US$283 million) Lilyvale solar project in the Australian state of Queensland.
Fotowatio Wins Approval for US$283 Million Australian Solar Project Read More »
Southern Power has signed an agreement to acquire the 151-megawatt Grant Wind facility in Oklahoma from Apex Clean Energy.
The wind farm is the second that the subsidiary of the Southern Company has in its portfolio. The acquisition is expected to close in March 2016 upon successful completion of project construction. In March, Southern Power announced an agreement to acquire its first wind project – the 299-MW Kay Wind facility in Oklahoma, also from Apex Clean Energy – which is expected to close in the fourth quarter of 2015.
Southern Power to Acquire 151-MW Wind Farm From Apex Read More »
Recurrent Energy, a unit of Canadian Solar Inc., has closed financing for the 100-megawatt Mustang solar power project in California, after it secured a debt facility with Santander Bank and a tax equity investment commitment with U.S. Bancorp Community Development Corp.
Recurrent Closes Financing for 100-MW Californian Solar Farm Read More »
Enel Green Power has been awarded the right to sign 20-year energy supply contracts in Brazil for a total of 553 megawatts of solar projects in a public tender—deals which the company says are valued at US$600 million.
The Italian company said it was awarded the most amount of capacity in the tender than any any other bidder, and will make it the “top player across the entire solar industry of Brazil in terms of installed capacity and project portfolio.”
Enel Awarded 533MW of Brazilian Solar Projects in Tender Read More »
In a blow to the renewable energy sector, the UK government is planning to impose massive cuts to a financial assistance program for clean energy projects including wind and solar.
The Department of Energy and Climate Change plans to reduce the so-called feed-in tariffs for wind-energy projects with capacities of between 100 kilowatts and 500kW to 4.52p/ per kilowatt-hour from 10.85p/kWh.
UK Renewables Suffer Blow From Proposed Cuts in Assistance Read More »
Japan’s Mitsubishi Heavy Industries and Oman’s Suhail Bahwan Group have invested in Altaeros Energies, a Massachusetts-based technology company, to support the design and production of its airborne wind turbines. The investment amount was not disclosed. Last December, Japanese telco SoftBank Group Corp. said it planned to invest US$7 million in Altaeros.
Mitsubishi Invests in US Airborne Wind Turbine Developer Read More »
EDF Renewable Energy has acquired OwnEnergy Inc., the US developer of mid-sized wind-energy projects, for an undisclosed amount.
The transaction encompasses 100% of OwnEnergy’s assets, including its pipeline of future wind projects. Since its founding in 2007, OwnEnergy has developed or is developing 329 megawatts of wind-energy assets sold to third parties.
EDF Renewable Acquires Wind Developer Own Energy Read More »
US President Barack Obama has announced more than US$1 billion of initiatives including loan guarantees to drive innovation and accelerate the US clean energy economy in an ambitious goal to reduce reliance on fossil fuels.
Obama Unveils US1$ Billion Plan to Catapult US Renewables Read More »