Foresight grows its subsidy free solar portfolio with acquisition of 50MW Spanish solar project in Andalusia

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.

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China’s GS-Solar to aquire a majority stake in Panasonic’s Malaysian solar cell factory and setting up a JV in Japan

Panasonic Corporation announced it has reached an agreement with GS-Solar (China) Company Ltd. to collaborate in the photovoltaic business. Under the agreement, Panasonic will transfer its solar manufacturing subsidiary, Panasonic Energy Malaysia, to GS-Solar, while separating its photovoltaic research and development function in order to establish a new company with the Chinese partner. Panasonic and GS-Solar will jointly operate and invest in this new company in Japan.

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Yellow Door Energy Raises $65 Million to Scale the Solar Energy Transition in the Middle East and Africa

UAE-based leading solar developer Yellow Door Energy announced in January that it had raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Middle East and Africa. This is one of the Middle East’s largest private placements in distributed solar.

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Solarcentury sells majority stake in 200MW development in Seville, Spain

Global integrated solar power company Solarcentury announced this week that it has sold a majority stake in four large-scale solar farms in Alcalá de Guadaira in the Spanish region of Seville, amounting to a significant 200 MWp of solar power.

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Sonnedix achieves financial close on 36.4MW Kurayoshi solar PV plant in Japan and will begin construction

Sonnedix Power Holdings Ltd. announced that Sonnedix Japan K.K.  has obtained financial close on a JPY 14.2 billion (EUR 113.9 million) project financing with Sumitomo Mitsui Trust Bank, Limited (SMTB) for the 36.4 MW Kurayoshi solar PV plant.

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