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Atlas Renewable Energy and Anglo American announce largest bilateral solar energy PPA in Brazil

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

Atlas Renewable Energy, a renewable energy company in Latin America along with British mining company Anglo American Plc, a global mining company, announced the signing of the largest solar energy purchase and sale contract in Brazil with an investment of 881 Million Brazilian Reals.

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Goldman Sach to invest $275M in joint venture with TELOS Clean Energy to develop commercial-scale solar projects

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

TELOS Clean Energy, a turnkey clean energy developer headquartered in Connecticut, announced the closing of a joint venture with Goldman Sachs‘ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The solar projects will be expected to sell power to commercial, industrial and municipal customers.

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Canadian Solar signs PPA with Amazon for its 146 MWp Gunnedah solar PV farm in Australia

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

Canadian Solar Inc. , one of the world’s largest solar power companies, today announced that its subsidiary Canadian Solar Australia has signed a power purchase agreement (“PPA”) with Amazon.

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Total Solar Distributed Generation signs one of Thailand’s largest corporate solar power purchase agreements with Betagro

March 9, 2020/in Business, Press Release/by Solar Business Hub

Singapore  – Total Solar Distributed Generation (DG) will provide agroindustrial company Betagro with solar-powered rooftops for 24 facilities across Thailand. The 25 MWp system will generate an estimated 38 GWh of renewable electricity per year, providing about 15% of the company’s total power consumption.

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Marubeni acquires largest solar portfolio in Taiwan with the acquisition of Chenya Energy from investor I Squared Capital

March 6, 2020/in Business/by Solar Business Hub

I Squared Capital, an independent global infrastructure investment manager announced it has agreed to sell its interests in Taiwan-based Chenya Energy Co., Ltd (Chenya) to Japan’s conglomerate Marubeni Corporation through its ISQ Global Infrastructure Fund I.

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Longroad Energy acquires four California solar projects totaling 160MW from First Solar

March 4, 2020/in Business/by Solar Business Hub

U.S.-based solar module manufacturer and project developer First Solar, Inc. announced that  renewable energy developer headquartered in Massachusetts Longroad Energy Holdings , LLC is the acquirer of four solar projects with a combined capacity of 160-megawatts (MW)AC.

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Canada’s Grasshopper Solar to invest over $300M in Pennsylvania solar project portfolio from Glidepath Ventures

March 4, 2020/in Business/by Solar Business Hub

Grasshopper Solar, a global developer and asset owner headquartered in Canada, announced the acquisition of a 278 MWdc portfolio of solar projects in Pennsylvania from Glidepath Ventures, a leading clean energy focused development and investment firm based in in Ardmore, Pennsylvania.

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Soltage raises $142M investment to fund a 110 MW solar portfolio of solar assets across the United States

March 4, 2020/in Business/by Solar Business Hub

Soltage LLC, a leading independent power producer headquartered in New Jersey, announced that it raised a $142M senior construction-to-term credit facility with Fifth Third Bank, National Association. The investment will fund a 110 megawatt (MW) solar portfolio of distributed utility-scale solar assets located across six states: Oregon, Illinois, Massachusetts, Rhode Island, North Carolina and South Carolina.

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Alectris and Profergy to streamline solar portfolios in Australia with ACTIS ERP

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

Alectris, the global asset care innovation provider for the solar industry, has collaborated with Profergy, a specialist integrator of software solutions for the renewable sector, to bring its ACTIS ERP product to the Australian market for the first time. With decades of software integration experience, Profergy will represent Alectris to provide sales and deployment of ACTIS ERP for local customers.

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UK solar aerial inspection and data analytics company Above acquires German drone start-up ucair

February 8, 2020/in Business/by Solar Business Hub

The UK aerial inspection and data analytics company Above Surveying (Above) acquires the German drone start-up ucair GmbH. The acquisition increases the reach of Europe’s leading solar aerial inspection and data analytics company to the German market and strengthens its presence in other European countries.

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Singapore’s Sunseap Group secures SG$ 50 million funding from ABC World Asia and Temasek

February 6, 2020/in Business/by Solar Business Hub

Sunseap Group Pte Ltd (Sunseap), Singapore’s leading renewable energy solutions provider, announced it has secured a total of SG$50 million from ABC World Asia, an Asia-focused impact investing private equity fund, and Temasek, a global investment company headquartered in Singapore. The investment will be used for solar projects in Singapore and other parts of Asia.

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Cubico Sustainable Investments acquires 50 MW operational concentrated solar power plant “Los Arenales” in Spain

February 5, 2020/in Business/by Solar Business Hub

Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, announced today that it has acquired Arenales Solar PS, S.L., the owner of a 50 MW operational concentrated solar power (CSP) plant, from PanEuropean Infrastructure Fund, managed by DWS, a global infrastructure asset manager.
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