Solarpack Corporación Tecnológica, SA announced the signing of a share purchase agreement for the acquisition of 90.5% of the solar photovoltaic projects Tacna Solar and Panamericana Solar with Tawa Solar Fund LP and the rest of the Projects’ shareholders, for US$ 51.5 million.
Solar panels manufacturer and project developer based in Ontario, Canadian Solar Inc., announced its wholly owned subsidiary Recurrent Energy, LLC has sold its equity stake in the 134 MWp/100 MWac Mustang solar project to the Renewable Power Group of Goldman Sachs Asset Management, L.P. This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MWp portfolio of California solar projects that came online in 2016. The Company expects to recognize the sales revenue from Mustang in the second quarter of 2019.
Siemens Corporate Technology (CT) US, Siemens’ central research and development (R&D) unit in the US, announced it was selected for a $6.4 million research award from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to advance solar energy’s role in strengthening the resilience of the U.S. electricity grid.
Foresight Group, a leading independent infrastructure and private equity investment manager headquartered in London, announced the completion of the acquisition of the 50MW solar PV plant in the municipality of Puebla de Guzman in south-west Spain, Andalusia, from Spanish EPC contractor, Solaer Group.