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CleanSpark, Renova Power Networks Lead Microgrid Deployment

Renova Power Networks, a development company whose principals are known for innovative financing models and renewable energy systems, has partnered with San Diego-based CleanSpark, the leading advanced microgrid software and controls company, to facilitate global deployment of best-in-class microgrid technology, reduce carbon emissions cost-effectively, and increase energy security and independence.

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Canadian Solar advances Astoria 2 PV Project with GE Energy

Canadian Solar, one of the world’s largest solar power companies, consolidates expansion. It’s wholly owned subsidiary, Recurrent Energy, one of North America’s largest solar project developers, has closed on financing for the 75 MW Astoria 2 PV project with GE Energy Financial Services. The project is expected to generate enough clean solar energy to power approximately 25,000 California homes. Santander Bank is the coordinating lead arranger of a five member bank club for the project.

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Atlantis Resources to Acquire Scottish Power’s Tidal Projects

Atlantis Resources has agreed to acquire two projects from ScottishPower Renewables for its Scottish tidal development company, Tidal Power Scotland.
The value of the deal is £6.6 million (US$9.8 million), to be paid by 3,9 million shares in Tidal Power Scotland, which equates to 6% of the issued share capital. Atlantis owns the remaining 94% of TPSL. The deal is expected to close in early 2016.

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