Tata Power to Restructure Clean Energy Assets
India’s Tata Power Co. has announced a restructuring of its renewable energy assets as part of its growth focus.
November 2015
Innergex Starts Operating 21.2-MW Hydroelectric Plant
Innergex Renewable Energy Inc. has started operating the 21.2-megawatt Tretheway Creek run-of-river hydroelectric facility located in British Columbia, Canada.
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Solco Enters Energy Storage Sector With Stake in Redbank
Australian solar company Solco has signed an agreement to acquire a 20% stake in Redback Investments Australia which owns 20% of emerging energy storage business Redback Technologies.
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U.S. Geothermal Inc. Signs Deal to Buy Geothermal Equipment
U.S. Geothermal Inc. has signed an agreement to acquire all of the major and long lead equipment for the construction of three binary geothermal power plants at what it called “a significant discount.”
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Vestas Wins Turbine Supply Deal for South Korean Wind Farm
Vestas has received an order from South Korea’s GS Powerto supply six sets of its 3.3-megawatt turbines for the Yaksoo wind park.
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Vestas Gets Order to Supply 200MW of Chinese Wind Farms
Vestas has received an order to supply wind turbines to two projects that have a combined 200 megawatts of capacity from China’s Hanas Group.
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ADB to Provide Financing for 150-MW Philippine Wind Farm
The Asian Development Bank has signed a financing assignment agreement of up to US$20 million to support the development of a 150-mgawatt wind farm in the Philippines.
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Suncrest Solar Moves To Expand US Presence
US Residential solar company Suncrest Solar has announced an expansion of services to Northern California, South Carolina and Utah.
EBRD Extends US$52 Million for Moroccan Hydropower Sector
The European Bank for Reconstruction and Development is providing a loan of up to €35 million(US$52 million) to the Office National de l Electricite et de l’Eau Potable for a rehabilitation programme of 12 small- and medium-sized hydropower plants in Morocco.
The overhaul will contribute to the extension of the lifespan of the plants and improve their energy efficiency. The loan is already the third transaction between the EBRD and ONEE.
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Lightsource in US$432 Million Refinancing Deal for UK Solar Projects
Lightsource has completed a £284 million (US$432 million) refinancing of a portfolio of 33 operational, ground-mounted solar projects in the UK.
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