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Abengoa closes $660M project financing for Xina Solar One CSP plant

March 13, 2015/in Corporate/by Solar Business Hub

Abengoa announced today that it has closed  $660 million non-recourse project financing for Xina Solar One,  a 100 MW parabolic trough plant with a five-hour thermal energy storage system using molten salts, being built in South Africa.

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Primrose Solar connects UK’s largest & greenest solar farm to the grid

March 12, 2015/in Business, Corporate/by Solar Business Hub

southwick-estate-pv-farm

The Southwick Estate Solar Farm in Hampshire, U.K., has been connected to the grid and is now generating enough renewable electricity to supply the equivalent of approximately 14,500 average homes.

Owned and operated by UK-based Primrose Solar, the 48 MW Solar Farm is currently the largest & greenest solar farm operating in the U.K.

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SunEdison secures Shinsei Bank Financing for 9.6 MW Solar Power Plant in Japan

March 11, 2015/in Corporate/by Solar Business Hub

SunEdison, the world’s largest renewable energy development company, today announced that it has secured non-recourse project financing from Japan-based Shinsei Bank for its Tarumizu project, a 9.6 megawatt utility scale solar photovoltaic power plant being built in Japan.

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Suniva Powers Largest Rooftop PV Installation in Washington D.C.

March 11, 2015/in Corporate/by Solar Business Hub

Suniva, a U.S. manufacturer of high-efficiency crystalline silicon solar cells and modules, announced yesterday that it is powering the solar photovoltaic (PV) system on The Millennium Building, developed and managed by The Tower Companies (“Tower”).

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SolarCity partners with Incapital to Make Solar Bonds Available to US investors

March 9, 2015/in Corporate/by Solar Business Hub

SolarCity today announced a strategic partnership with Incapital, a leading distributor of securities to financial institutions and investment advisors including many of the nation’s largest brokerage firms, to expand the availability of Solar Bonds for investors across the U.S.

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SunEdison acquires Solar Grid Storage

March 5, 2015/in Corporate/by Solar Business Hub

SunEdison, the world’s largest renewable energy development company has acquired the energy storage project origination team, project pipeline, and subject to customary consents and assignments, four operating storage projects from Solar Grid Storage, a leader in deploying combined energy storage and solar PV systems.

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Oxford Photovoltaics secures £8m funding to develop and commercialise perovskite solar technology

March 5, 2015/in Corporate/by Solar Business Hub

Oxford Photovoltaics, the pioneering UK solar technology company, today announces that it has raised a first-tranche B round of over £8 million from a variety of new and existing investors.

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Clean Focus Completes Multi-Megawatt Solar Power System in California

March 4, 2015/in Corporate/by Solar Business Hub

Clean Focus, a leading solar power developer, owner and operator, today announced the completion of a new 3.75 MW solar project in the City of Adelanto. The ground-mounted system, interconnected in late January, received its certificate of occupancy yesterday.

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Main Street Power acquired by AES and named AES Distributed Energy

March 3, 2015/in Corporate/by Solar Business Hub

Main Street Power of Boulder, CO announced the acquisition of 100% of the shares of the company by The AES Corporation of Arlington, VA. The acquisition brings Main Street Power, a proven developer, owner and operator of distributed solar PV systems, together with AES, a Fortune 200 global energy company with operations in 18 countries and the world’s largest fleet of grid batteries in commercial service, to accelerate the growth of distributed generation solar capacity in key markets.

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Strategic partnership brings affordable solar power to Tanzania’s off-grid consumers

March 3, 2015/in Corporate/by Solar Business Hub

PayGo solar expert Azuri Technologies, leading mobile network operator Tigo and principal cellular retail operator Lotus Africa announce at Mobile World Congress their strategic partnership to bring integrated pay-as-you-go energy and mobile payment services to rural households in Tanzania.

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France’s Urbasolar to invest $204M in Philippines in 2015

March 3, 2015/in Corporate/by Solar Business Hub

French solar power company Urbasolar has committed to infuse $204M from a consortium of European “green” funders to build 100 megawatts of solar plants in the Philippines this year.

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Abengoa’s KaXu Solar One: First commercial concentrated solar plant launched in South Africa

March 3, 2015/in Corporate/by Solar Business Hub

Abengoa, the international company that applies innovative technology solutions for sustainability in the energy and environmental sectors, and state-owned financier, the Industrial Development Corporation (IDC), together with KaXu Community Trust have launched a 100 MW solar plant near the town of Pofadder (Northern Cape Province), capable of providing clean and sustainable power to approximately 80,000 homes in South Africa.

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