The United Arab Emirates and New Zealand will co-fund a 1-megawatt solar project in Honiara in the Solomon Islands.
UAE, New Zealand to Fund 1-MW Solar Project in Solomon Islands Read More »
Impax Asset Management’s fund has signed an agreement to sell its 206-megawatt portfolio of wind projects to ERG Renew, the renewable energy subsidiary of the Italian multi-energy company ERG Group.
Financial details of the deal, scheduled to close by the end of this year, were not disclosed.
The sale is part of Impax’s planned realisation of the operating assets in accordance with its fund’s strategy. Impax has grown the portfolio by acquisitions from 2010 to 2014. The majority of the projects were constructed under the ownership of the fund. The fund continues to own a wind project development business in France which it aims to expand significantly through construction and acquisition in the coming years.
India’s Welspun Renewables has received US$617 million in funding through a combination of debt and equity infusion by the promoters, existing and new investors.
Welspun Receives US$167 Million in New Financing Read More »
China’s Envision Energy has completed the acquisition of a controlling stake in a portfolio of more than 600 megawatts of wind projects in Mexico developed by ViveEnergia.
China’s Envision Energy Enters Mexican Wind Sector Read More »
EnviroMission has signed an agreement with Q Analytica to form a joint venture that will operate to commercialise EnviroMission’s Solar Tower renewable energy technology in the Middle East and North Africa region.
The JV will provide EnviroMission with active involvement in Solar Tower development in the region and earn for EnviroMission a capital injection of US$1.5 million from the placement of EnviroMission shares with QA, a US$3 million development rights licence fee, an annual royalty and technology fee, and equity in all entities formed by QA for Solar Tower development under the licenced development rights.
Enviro Mission Targets Middle East for Solar Towers in JV Deal Read More »
The board of Renewable Energy Generation is considering an offer from an undisclosed party to acquire its assets, which could lead to the company’s delisting from the UK AIM market, and placed into voluntary liquidation.
Renewable Energy Generation Mulls Takeover Bid of Assets Read More »
US-based Talen Energy Corp. has signed an agreement to sell two hydroelectric power plants with 299 megawatts of combined capacity to Brookfield Renewable Energy Partners for US$860 million.
The Holtwood and Lake Wallenpaupack hydroelectric projects are part of a requirement to divest certain assets in specific regions of the PJM Interconnection, which include portions of eastern Pennsylvania, New Jersey and Maryland, to comply with a December 2014 Federal Energy Regulatory Commission order approving the transactions that formed Talen Energy.
Talen Energy Inks Deal to Sell Two Hydro Plants for US$860 Million Read More »
Canada’s Borealis Geopower and Sponsor Energy Capital have announced their collaboration to finance exploration and development of geothermal resources for power production.
Borealis in Collaboration With Sponsor Energy to Finance Geothermal Projects Read More »
Nautilus Solar Energy has secured the backing of Virgo Investment Group for a management buyout of Nautilus from an investment affiliate of Starwood Energy Group Global.
Nautilus Solar Energy Backed by Virgo for Management Buyout Read More »
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.
Clean Energy Investment in Q3 Hits US$70 Billion, NEF Data Shows Read More »
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