Starkraft Acquires Five Irish Solar Farms Totalling 275 MW From Lightsource bp

Statkraft Acquires Five Irish Solar Farms Totaling 275 MW From Lightsource bp

Statkraft Ireland acquired five solar projects with a combined capacity of 275 MW from Lightsource bp. The projects are located in counties of Meath, Laois, Tipperary, and Cork. The acquisition is ...
/ / Finance and M&A, Solar
ADB to Provide ₹4.66 Billion Loan to ENGIE for a 200 MW Solar Project in Gujarat

ADB to Provide ₹4.66 Billion Loan to ENGIE for a 200 MW Solar Project in Gujarat

The Asian Development Bank (ADB) and  ENGIE have signed a long-term loan agreement worth ₹4.66 billion (~ $65.6 million) to develop and operate a 200 MW (AC) solar project in ...
/ / Finance and M&A, Solar
Strong Performance of Solar Assets Takes Adani Green’s Revenue Up by 10% YoY

Strong Performance of Solar Assets Takes Adani Green’s Revenue Up by 10% YoY

Adani Green Energy Limited (AGEL) declared its financial results for the first quarter of the financial year 2020-2021. Despite COVID, The company’s revenue and ‘earnings before interest taxes depreciation amortization’ ...
/ / Finance and M&A, Solar
Japan's Orix to Acquire 20% Stake in Indian Renewable Developer Greenko at $980 Million

Japan’s Orix to Acquire 20% Stake in Indian Renewable Developer Greenko at $980 Million

Orix Corporation, a Japan-based financial services group, announced that it had signed a framework agreement with renewable energy project developer Greenko Energy Holdings, to acquire approximately 20% of its shares ...
/ / Finance and M&A, Solar
Solar Digital Deployment Solutions Provider Terabase Energy Raises $6 Million

Solar Digital Deployment Solutions Provider Terabase Energy Raises $6 Million

Terabase Energy, a U.S.-based solar digital solutions provider for utility-scale projects globally, announced that it has secured through Series A financing, led by SJF Ventures. The company's Series A financing ...
/ / Finance and M&A, Solar
BayWar.e. Acquires Sacramento-Based Solar Developer Enable Energy

BayWa r.e. Acquires Sacramento-Based Solar Developer Enable Energy

Renewable energy developer BayWa r.e. announced that it acquired Enable Energy Inc. Enable Energy is a U.S.-based commercial and industrial solar and energy storage solutions provider. The acquisition represents the ...
/ / Finance and M&A, Solar
Petronas' Indian Arm Acquires 100 MW of Solar Assets from ACME at ₹8 Billion

Petronas’ Indian Arm Acquires 100 MW of Solar Assets from ACME at ₹8 Billion

Amplus, the Indian arm of Petronas (Petroliam Nasional Bhd), a Malaysian government-owned oil and gas company, has acquired 100 MW of solar assets from ACME Solar. The deal was valued ...
/ / Finance and M&A, Solar
Polysilicon Supplier GCL-Poly Warns its Shareholders of Huge Losses in 1H 2020

Polysilicon Supplier GCL-Poly Warns its Shareholders of Huge Losses in 1H 2020

GCL-Poly Energy Holdings Limited, one of the largest suppliers of polysilicon to the solar market globally, warned its shareholders to expect losses to the tune of RMB 1.5 billion (~$217 ...
/ / Finance and M&A, Solar
NTPC Plans to Raise ₹150 Billion in Bonds to Meet Capital Requirements

NTPC Plans to Raise ₹150 Billion in Bonds to Meet Capital Requirements

NTPC Limited announced it plans to get its shareholders’ approval to authorize the company’s board of directors to raise about ₹150 billion (~$2.05 billion) through the issue of bonds during ...
Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal

Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal

Loanpal, a U.S.-based financial technology company, announced that in residential solar loans on the Loanpal platform. According to the press release, Blackstone, a U.S.-based global investment firm, will invest through ...
/ / Finance and M&A, Solar
Malaysia's Yinson Increases its Stake in Indian Solar Developer Rising Sun to 95%

Malaysia’s Yinson Increases its Stake in Indian Solar Developer Rising Sun to 95%

Malaysia-based, Yinson Holdings Berhad, announced that it has agreed to acquire an additional 57.5% equity interest in Rising Sun Energy Private Limited (RSE), an Indian company engaged in solar development ...
/ / Finance and M&A, Solar
Tata Power Registers 10% Rise in Net Profits, 11% Dip in Revenue in Q1 2021

Tata Power Registers 10% Rise in Net Profits, 11% Dip in Revenue in Q1 2021

Tata Power announced its earnings for the quarter ended June 30, 2020 (Q1 2021), and posted a net profit of ₹2.68 billion (~$35.9 million), a 10.3% increase from ₹2.43 billion (~$32.6 ...
Power Finance Corporation Offers Loans of Over ₹1 Billion to Solar Project Developer

Power Finance Corporation Offers Loans of Over ₹1 Billion to Solar Project Developer

KPI Global Infrastructure Limited, a subsidiary of the KP Group, announced that it had received financial assistance for 15 MW of existing and 20 MW of proposed solar power projects ...
/ / Finance and M&A, Solar
French Solar Developer Technique Solaire Raises $29 Million to Expand its Portfolio

French Solar Developer Technique Solaire Raises $29 Million to Expand its Portfolio

Technique Solaire, a France-based solar developer, announced that it had raised €25 million (~$29.3 million) from its partners Bpifrance and Crédit Agricole Group. This marks the second round of funding for the company ...
/ / Finance and M&A, Solar
Actis Acquires 400 MW of Solar Projects from ACME

Actis Acquires 400 MW of Solar Projects from ACME

UK-based investor Actis has completed the acquisition of two solar projects with a total capacity of 400 MW from ACME Solar Holdings Limited. The deal is expected to be valued ...
/ / Finance and M&A, Solar
ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

Solar developer ReneSola Power announced that it had raised €10.64 million (~$12 million) through bridge funding from Eiffel Energy Transition Fund to construct 19 MW of solar projects in Poland. ReneSola ...
/ / Finance and M&A, Solar
Ayana Renewable Acquires Two Solar Projects in Karnataka from First Solar

Ayana Renewable Acquires Two Solar Projects in Karnataka from First Solar

Ayana Renewable Power Private Limited, backed by the U.K.-based CDC Group, has announced the acquisition of First Solar's two solar projects with a capacity of 40 MW. The company has ...
/ / Finance and M&A, Solar
SJVN Seeks Solar and Hydro Power Projects for Acquisition

SJVN Seeks Solar and Hydropower Projects for Acquisition

SJVN Limited has issued a notice inviting expressions of interest (EoI) from interested parties to offer their solar and hydropower projects for acquisition by SJVN. Power generation companies, power project ...
/ / Finance and M&A, Solar
Africa-Based REDAVIA Gets $1.73 Million Loan to Expand its Solar Power Leasing Model

Africa-Based REDAVIA Gets $1.73 Million Loan to Expand its Solar Power Leasing Model

African solar developer REDAVIA announced that it received €1.5 million ($1.73 million) as its first catalyst loan from Energy and Environment Partnership Trust Fund (EEP Africa). REVADIA develops solar projects ...
/ / Finance and M&A, Solar
APICORP Commits $50 Million Credit Facility to UAE-Based Rooftop Solar Develop SirajPower

APICORP Commits $50 Million Credit Facility to UAE-Based Rooftop Solar Develop SirajPower

The Arab Petroleum Investment Corporation (APICORP) announced that it would provide a $50 million credit facility to SirajPower, a UAE-based distributed solar developer, to expand its portfolio in the Middle ...
/ / Finance and M&A, Solar
Taiwan’s URE Sells its Solar Manufacturing Unit for $35.3 Million

Taiwan’s URE Sells its Solar Manufacturing Unit for $35.3 Million

United Renewable Energy (URE), a Taiwan-based solar cell and module maker, announced its plans to sell one of its manufacturing units in the country to consolidate its production efforts. It ...
IFC, EBRD, European Union Finance Armenia’s First Utility-Scale Solar Project

IFC, EBRD, European Union Finance Armenia’s First Utility-Scale Solar Project

The International Finance Corporation (IFC), European Union (EU), and European Bank for Reconstruction and Development (EBRD) have joined hands to support the development of the first utility-scale solar power project ...
/ / Finance and M&A, Solar
Malaysia's PETRONAS Decides to Invest in a Rooftop Solar Startup

Malaysia’s PETRONAS Decides to Invest in a Rooftop Solar Startup

PETRONAS, Malaysia's state-owned gas and oil company, signed an agreement to invest in SOLS Energy Sdn Bhd, a solar energy startup. The investment will help provide renewable energy to residential ...
/ / Finance and M&A, Solar
Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Distributed solar company, Fourth Partner Energy, has raised $15 million (~₹1.1 billion) in debt funding from responsAbility, a Switzerland-based development asset manager. According to the company’s press statement, the funding ...
/ / Finance and M&A, Solar
CIM Group Invests $40 Million in Solar Panel Cleaning Robotics Company Ecoppia

CIM Group Invests $40 Million in Solar Panel Cleaning Robotics Company Ecoppia

Robotic solar cleaning solutions provider Ecoppia announced that it secured a $40 million credit facility from a U.S.-based CIM Group. CIM is a community-focused real estate and infrastructure owner, operator, ...
/ / Finance and M&A, Solar