QatarEnergy announced the signing of a share sale and purchase agreement with Qatar Electricity and Water Company (QEWC) to acquire QEWC’s 49% interest in Siraj Energy, which will result in Siraj Energy becoming a wholly owned affiliate of QatarEnergy, subject to customary approvals.
Menlo Electric enters into cooperation with Polish Development Fund through a trade financing agreement with KUKE and KUKE Finance
Menlo Electric, one of the fastest-growing PV distributors in Europe, announces it has signed a EUR 4m funding facility with KUKE and KUKE Finance, Poland’s leading trade insurance and trade finance companies. Coupled with financing obtained earlier this year, this brings Menlo Electric to over 70% of its EUR 20m target in growth financing for 2022.
Menlo Electric, one of the fastest-growing PV wholesalers in Europe, announces it has signed a EUR 6m funding agreement with mBank, Poland’s leading commercial bank. Coupled with financing obtained earlier this year, this brings Menlo Electric to 60% of its 2022 goal of raising EUR 20m of growth financing.
Madrid-headquartered Matrix Renewables, a renewable energy platform created and backed by global alternative asset manager TPG and its $14 billion impact investing platform TPG Rise, based in Texas, announced a new long-term financing agreement signed with Natixis for a 129MW solar photovoltaic plant in Spain.
The German real assets subsidiary of Commerzbank, Commerz Real, announced it is entering the Swedish photovoltaic market with the purchase of two solar park projects totalling an output of 69 MWp from Helios Nordic Energy for its Institutional Renewable Energies II Fund.
Desert Technologies is the first Saudi factory to export solar panels to the German market.
Desert Technologies factory, the first Saudi factory to manufacture and export solar panels in the Kingdom and affiliated with the leading company in renewable energy solutions “Desert Technologies” group, signed an agreement with the Swiss/German Group meeco to export its solar panels to Germany to implement several projects in the city of Lambsheim.
New Zealand based utility-scale solar developer Helio Energy announced it has received a Series A capital investment from private investor Urs Hölzle, a senior Google executive and renewable energy strategist who has led the team that developed Google’s global 24×7 carbon-free by 2030 commitment.
Menlo Electric announced that it has been certified as an official distributor of Jinko Solar, following a year of close cooperation between both companies. The partnership is to result in module sales of over 200 MW in 2022 alone, of which 70 MW is to be delivered still in Q1.
Desert Technologies (DT) announces that the Greek Commercial Attaché in the Kingdom of Saudi Arabia, Mr. Alexandros Ikonomou, visited its factory in Jeddah accompanied by a high-level delegation on the occasion of DT’s first shipment of solar panels for solar power projects on the Greek island of Trifyila with a capacity of 11 megawatts comprising over 24 sites with a capacity of 500 kilowatts for each project.
Danish renewables developer European Energy announced the sale of two solar PV parks to Italian multi-utility company Iren Energia with a total energy capacity of 121.5 MW which will produce approximately 180 GWh of green energy per year. Read more
London-based solar investment and asset manager NextEnergy Capital (NEC) announced it has launched a new fund that aims to raise £500m to invest into subsidy-free solar power plants in the UK.
OMERS Infrastructure announced that it has signed an agreement with a fund managed by Ares Management Corporation to acquire 100% of Navisun LLC, an independent distributed generation solar power producer.
