October 2015

Clean Energy Investment in Q3 Hits US$70 Billion, NEF Data Shows

The Americas region led the way to US$70 billion in global investment in clean energy technologies the third quarter of 2015, according to the latest data from Bloomberg New Energy Finance.

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Gamesa Bags Wind-Turbine Contracts for Projects in India, Brazil

Gamesa has secured separate contracts to supply 108 megawatts of its turbines to wind farms in India and Brazil.
he company will build a 40-MW turnkey wind farm in India for ReNew Power. It will install 20 of its 2-megawatt turbines at the Lingsagur wind farm, located in the province of Karnataka. With a tower height of 104 metres, the new turbine variant -certified by TÜV NORD- is custom-designed for the low wind speed sites typical of India.

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Canadian Solar Completes Purchase of Three Solar Farms From KKR

Canadian Solar Inc. has closed on the acquisition of three operating solar projects totalling 59.8 megawatts of capacity from KKR for US$203.7 million.
The company also closed a US$50 million loan with Credit Suisse that is related to the purchase . Credit Suisse also acted as sole financial advisor on the transaction.

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Nordex to Pay US$882 Million to Acquire Acciona’s Wind-Power Business

Nordex has signed an agreement to acquire the wind power business of Acciona S.A. for €785 million (US$882 million) in cash and shares.

Acciona’s wind power business is grouped under its subsidiary, Corporacion Acciona Windpower S.L., which is subject of the acquisition by Nordex.

The deal is subject to standard market conditions, including merger clearance by the relevant competition authorities.

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