ReNu Energy secures $1.4m loan for Amaroo Solar PV Project

Queensland-based renewable energy company ReNu Energy announced on November 7 the execution of a secured loan agreement for $1.4 million to fund the remaining acquisition costs of the Amaroo Solar PV Project.

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Apis Partners invest $60 MM in Greenlight Planet for Off-Grid Solar Financing Business

London-based private equity fund manager Apis Partners and other investors announced on November 05 disbursement of $60 MM in new funding to Greenlight Planet, the leading provider of off-grid solar products and solar financing for underserved populations around the world.

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Finnish firm Fortum acquires 35 MW of solar power capacity in Russia

Finnish power company  Fortum announced on November 30, 2017 that it had signed an agreement to acquire three solar power companies from Hevel Group, Russia’s largest integrated solar power company. The transaction is expected to be closed by the end of 2017.

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New €700 million pan-European infrastructure fund to support investment in renewables

European Investment Bank (EIB) and Europe’s leading National Promotional Banks announces the launch of Marguerite II, a pan-European infrastructure fund with total commitments in excess of EUR 700m, ensuring continued support to key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform.

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Tata Power Solar ranked as the top EPC contractor in the Indian rooftop solar market, report says

Tata Power Solar, India’s largest integrated solar player, has been ranked #1 EPC rooftop  solar player in the recently published India Solar Rooftop report 2017 by Bridge To India, a leading  cleantech consulting and knowledge services provider. According to the report, the total installed capacity in  the rooftop segment is 1,396 MW as of 31st March 2017 including commercial, residential & industrial sector. Tata Power Solar leads the EPC market of 678 MW with a market size of over double than the closest  competitor.

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