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EBRD, GCF and CIFs provide US$ 42.6 million financing to Joachim Goldbeck for 76MWp solar PV plant in Kazakhstan

September 22, 2020/in Business/by Solar Business Hub

The European Bank for Reconstruction and Development (EBRD) is organising a new financing for the construction of a 76MWp solar plant in the Karaganda region of Kazakhstan, a leader in the development of renewable energy in Central Asia, with a total installed solar capacity of 216MWp.

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Foresight Solar Fund acquires 26.1MW subsidy-free Virgen del Carmen solar project in Spain from IM2 Energía Solar

September 12, 2020/in Business/by Solar Business Hub

Foresight Solar Fund Limited, a fund investing in a diversified portfolio of ground-based solar PV assets in the UK and internationally, announced it has acquired from Spanish developer  IM2 Energía Solar its 26.1MW Virgen del Carmen subsidy-free solar power project based in Huelva, in south-west Spain.

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Large-scale solar PV is expected to be the cheapest power generating technology in the UK over the next two decades

September 2, 2020/in Business/by Solar Business Hub

The latest report on electricity generation costs published by the UK’s department for Business, Energy and Industrial Strategy (BEIS) forecast that large-scale solar PV will be the cheapest electricity generating technology available in the coming years, as reported by the Solar Trade Association (STA).

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X-ELIO sells its portfolio of 13 solar PV plants in Spain totalling 500 MW to China Three Gorges Europe

August 20, 2020/in Business/by Solar Business Hub

Spanish solar developer X-ELIO announced that China Three Gorges Europe has reached an agreement to acquire its portfolio of 0,5 GW of solar PV power plants in Spain.

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CW Enerji signs financing agreement with Garanti BBVA Leasing to promote investments in solar power installations in Turkey

August 7, 2020/in Business/by Solar Business Hub

Leading leasing company Garanti Finansal Kiralama A.Ş. (Garanti BBVA Leasing) announced today it has signed an agreement with  manufacturer and service company in the photovoltaic power generation sector CW ENERJİ MÜH. TİC. VE SAN. A.Ş. (CW Enerji), both based in Turkey, to offer tailored financial support to CW Enerji’s clients interested in investing in the installation of solar-powered electric energy systems in Turkey.

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First Solar to sell its North American O&M business to NovaSource Power Services

August 7, 2020/in Business/by Solar Business Hub

First Solar, Inc. announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power Services, a portfolio company of Toronto-based private equity firm Clairvest Group Inc., pursuant to which NovaSource will acquire First Solar’s North American operations and maintenance (O&M) business.

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Yellow Door Energy signs contract to provide solar energy to Hira Walraven’s facility in Dubai

July 23, 2020/in Business, Press Release/by Solar Business Hub

Dubai, United Arab Emirates, July 23, 2020 — Yellow Door Energy, a UAE-based sustainable energy provider for businesses, has been awarded a solar contract with Hira Walraven AC LLC (“Hira Walraven”), a Dutch and UAE joint venture for construction material and piping systems, for its facility in National Industries Park in Dubai, UAE.

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Sunrun to acquire Vivint Solar for an enterprise value of $3.2 billion doubling its residential solar market share in the U.S.

July 12, 2020/in Business/by Solar Business Hub

Sunrun, a leading provider of residential solar, battery storage and energy services in the Unites States announced it has entered into into a definitive agreement with Vivint Solar, a full-service residential solar provider headquartered in Utah,  under which Sunrun will acquire Vivint Solar in an all-stock transaction.

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European Investment Bank invests €43.5 million to finance the largest solar project in Andalusia, Spain

July 11, 2020/in Business/by Solar Business Hub

The European Investment Bank (EIB) announced it is investing €43.5 million to finance the largest solar project in Andalusia and one of the most powerful in Spain.

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Alectris partners with Resco to bring mobile application integration to its ACTIS ERP software for renewable asset management

June 30, 2020/in Business, Press Release/by Solar Business Hub

 

  • Resco’s cross-platform mobile software will be integrated with ACTIS ERP software for enhanced fleet management both on and offline.

Cyprus, 30 June 2020 – Alectris, a global service provider for the integrated care of solar assets, and Resco, a leading vendor of cross-platform enterprise mobile software, have signed a partnership to integrate Resco functionalities with Alectris’ proprietary solar asset management platform – ACTIS ERP software.

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Canopy Power and EDF to jointly develop renewable energy microgrids in Asia

June 26, 2020/in Business, Press Release/by Solar Business Hub

 

  • Singapore-based microgrid specialist Canopy Power and leading French energy company EDF begin a partnership, which will initiate new business opportunities in renewable energy microgrid projects.

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R.POWER secures €79 million in financing from Santander Bank Polska and mBank to build 128 solar power plants totaling 121 MWp in Poland

June 17, 2020/in Business/by Solar Business Hub

Santander Bank Polska and mBank signed a contract worth PLN 350m (EUR 79m) for the financing of  128 solar power plants with a total power of 121 MWp to be built by leading Polish solar projects developer R.Power.

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