Iberdrola sells 50MW solar thermal power plant in Spain to Ence Energía

Spanish power utility Iberdrola has agreed to divest its solar thermal power asset located in the town of Puertollano, Ciudad Real (Spain) by selling it to pulp and renewable biomass energy producer Ence Energía, S.L.U. The transaction involves the sale of 90% of the shares in Iberdrola Energía Solar de Puertollano, S.A., the company which owns the 50-megawatt (MW) solar thermal generation unit.

Read more

UK perovskite solar technology company Oxford PV secures a further £8.02m funding

UK based leader in perovskite solar technology, Oxford PV, announced on April 24 that it has secured a further £8.02 Million in funding from its existing investors including Statoil and Legal & General Capital, to continue the commercialisation of its disruptive perovskite-on-silicon tandem solar cell technology.

Read more

California becomes first U.S. state to mandate solar PV systems on new homes

The California Energy Commission announced yesterday the  adoption of building standards that require solar photovoltaic systems starting in 2020. The building energy efficiency standards, which are the first in the nation to require solar, will reduce greenhouse gas emissions by an amount equivalent to taking 115,000 fossil fuel cars off the road.

Read more

CleanCapital acquires over 14.23 MW of operating solar assets in the U.S. from X-Elio

U.S. based financial technology company CleanCapital announced yesterday its largest solar acquisition to date from X-Elio, a Spanish developer with U.S. operations based out of Reno, Nevada. The 14.23 MW portfolio leverages capital from CleanCapital’s new partnership with CarVal Investors. Read more

SunPower to acquire SolarWorld Americas

U.S. based solar energy company SunPower announced on April 18 an agreement to acquire 100 percent of the Hillsboro, Oregon-based SolarWorld Americas, the largest U.S. crystalline-silicon solar manufacturer. SunPower plans to inject fresh capital into the SolarWorld Americas facility and implement leading-edge, high-efficiency P-Series solar panel manufacturing technology. Read more