Canadian Solar Inc. has signed a financing agreement with Deutsche Bank to provide a US$97.2 million project finance credit facility for the construction of the company’s 48-megawatt solar power plant in Japan.
Canadian Solar Seals Financing for 48-MW Japanese Solar Farm Read More »
Wind turbine maker Vestas has acquired US-based wind service provider UpWind Solution Inc. and its subsidiaries for US$60 million.
The US$60 million price tag is on a debt and cash free basis. The amount has been paid in cash from readily available sources. The acquisition has already closed.
Vestas Acquires US Wind Power Solutions Company for US$60 Million Read More »
Pinnacle Holdings Ltd. has signed an agreement with the shareholders of Solareff (Proprietary) Ltd. to acquire 51% of the solar company.
Ormat Technologies has signed an agreement to acquire 85% of Geothermie Bouillante SA, geothermal project developer for US$56 million.
Ormat Technologies Inks Deal to Acquire Stake in French Geothermal Firm Read More »
Marine energy company Eco Wave Power said it has secured a European Union grant for its 5-megawatt project in Gibraltar.
Canadian Solar Inc. has signed a financing agreement with Royal Bank of Scotland which has agreed to provide a US$29 million term loan for the construction of seven solar power plants with a total installed capacity of 38 megawatts in the United Kingdom.
Canadian Solar Secures US$29 Million Financing From RBS for UK Projects Read More »
The Australian Renewable Energy Agency is providing up to A$892,000 (US$654,000) to support CSIRO to develop and apply guidelines for assessing the performance of perovskite solar cells, which have the potential to be a cheaper competitor to traditional silicon cells with comparable efficiency and adaptability.
ARENA Provides Funding Support for Perovskite Solar Cells Technology Read More »
German-base utility RWE will spin off renewables operations to a new subsidiary which will be listed on the stock exchange.
RWE to Spin Off Renewable Operations into Publicly Traded Company Read More »
United Photovoltaics Group a unit of China Merchants New Energy Group, has acquired two solar power plants in China with a total installed capacity of 40 megawatts from Zhaoxin Energy Investment Co.
United Photovoltaics to Acquire Two Chinese Solar Projects Read More »
SunEdison has terminated the securities purchase agreement with Light S.A. to acquire an approximate 16% stake in Renova for US$250 million.
Also terminated is an agreement among SunEdison and TerraForm Global and Brazil’s Renova Energia S.A. which provided for the acquisition of certain development-stage projects that were intended for a subsequent sale by SunEdison to TerraForm Global as call rights projects under the sponsor support agreement.
SunEdison Terminates Agreement to Acquire Stake in Renova Read More »
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