London-based renewable energy developer Lightsource and British multinational energy business BP today announced that they have agreed to form a strategic partnership, bringing Lightsource’s solar development and management expertise together with BP’s global scale, relationships and trading capabilities to drive further growth across the world.
Hamburg-based solar and wind park operator Capital Stage announced on December 4 that it has for the first time acquired two solar parks in the Netherlands. The solar parks have a total generation capacity of 47.6 megawatts (MW) and are expected to be connected to the grid in October 2018.
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.
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.
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.
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.
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.
Enel S.p.A. (“Enel”), acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (“EGPE”), has been awarded 339 MW of solar power capacity in Spain. The award followed the tender held on the 26th of July aiming at collecting 3,000 MW from renewable energies, that was launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May.
SEMI, the global industry association representing more than 2,000 companies in the electronics manufacturing supply chain, reported yesterday that worldwide sales of new semiconductor manufacturing equipment are projected to increase 8.7 percent to $39.7 billion in 2016, according to the SEMI Year-end Forecast, released today at the annual SEMICON Japan exposition. In 2017, another 9.3 percent growth is expected, resulting in a global semiconductor equipment market totaling $43.4 billion.
The U.S. Clean Energy States Alliance (CESA), a national nonprofit organization, has received a $1.73 million award under the U.S. Department of Energy (DOE) SunShot Initiative to help Connecticut, the District of Columbia, Minnesota, New Mexico, Oregon, and Rhode Island increase solar power adoption by low- and moderate-income (LMI) residents.
Solar Village Project (SVP), a local non-profit organization whose mission is to install and manage solar power projects in Senegal and India, has announced its second round of projects to be implemented in the Sahel and Littoral regions of Senegal.
