Project Finance Brief: Lightsource bp Acquires 156 MW Solar Projects in Italy
Lightsource bp, a solar project developer, acquired three projects from Horizon Firm, a developer specialized in solar, totaling 156 MW, across the country. Two of the projects are based in ...
Funding and M&A Roundup: Battery Company Solid Power Raises $130 Million
Solid Power, producer of all-solid-state batteries for electric vehicles, raised a $130 million Series B investment round led by the BMW Group, Ford Motor Company, and Volta Energy Technologies. Ford ...
Project Finance Brief: Goldman Sachs’ Renewable Arm to Finance 216 MW Solar Projects
CS Energy, an integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, has partnered with the Goldman Sachs Renewable Power Group and ...
Project Finance Brief: Opdenergy Secures €500 Million for Solar Projects in Spain
Opdenergy, an independent renewable energy producer focused on solar photovoltaic and onshore wind technologies, has closed with BBVA the underwriting mandate for the financing of the development, construction, and commissioning ...
Project Finance Brief: Summit Ridge Secures $55 Million for 73 MW of Solar Projects
Summit Ridge Energy, an owner and operator of community solar projects, announced that it had secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund an ...
Funding and M&A Roundup: Maxeon Solar Technologies to Raise $125 Million by Public Offering
Maxeon Solar Technologies announced the pricing of an underwritten public offering of $125 million of ordinary shares at a price of $18.00 per share. Maxeon also granted the underwriters a 30-day option to ...
Project Finance Brief: BayWa r.e. Secures Loan of $216 Million for a 200 MW Solar Project
Independent solar power producer Azure Power Global has announced that it had signed a binding agreement to sell its non-core rooftop solar portfolio to Radiance Renewables for ₹5.36 billion (~$73.5 ...
Funding and M&A Roundup: BlackRock Real Assets Raises $4.8 Billion to Fund Renewables
BlackRock Real Assets has achieved a $4.8 billion final close of Global Renewable Power Fund III (GRP III) with commitments from over 100 institutional investors, including leading public and private ...
Access to Solar Project Finance is Key to Achieving India’s Ambitious Targets
India has taken significant strides towards transitioning to clean energy by tapping renewable sources. However, the mobilization of funds to meet India's clean energy commitments presents a formidable challenge. India ...
Project Finance Brief: Renewable Japan Raises $92.4 Million for a 25.76 MW Solar Project
ReneSola, a fully integrated solar project developer, announced that it closed the sale of a portfolio of projects totaling 12.3 MW in Hungary to Obton, an investment firm. The portfolio ...
Funding and M&A Roundup: Power Management Company Eaton Acquires Green Motion
Power management company Eaton has acquired Green Motion, a manufacturer of electric vehicle charging hardware and related software. Soltage, an independent power producer, and Harrison Street, an investment management firm ...
Project Finance Brief: Downing Renewables Acquires 96 MW of Solar Assets
Downing Renewables & Infrastructure Trust, which invests in renewable energy projects across the U.K., completed the acquisition of a 96 MW portfolio of 50 solar PV projects located in mainland ...
Australia Added 2.8 GW of Rooftop Solar Capacity in 2020
Australia installed 2.8 GW of rooftop solar capacity in 2020, a 33% increase compared to 2.1 GW in 2019, according to data released by the country’s Clean Energy Regulator (CER) ...
Funding and M&A Roundup: Solar Energy Provider Sunseap Secures Series E Funding
Sunseap Group, a Singapore-based solar installer, secured equity in Series E funding round from Dubai-based conglomerate, Dutco. The proceeds will be deployed to Sunseap's future solar projects in Singapore and ...
Project Finance Brief: EDF Acquires 100 MW of Solar Projects in the UK
EDF Renewables, a wholly-owned subsidiary of the French utility EDF Group, has acquired two solar projects totaling 100 MW - Burwell, a 49.9 MW consented project in South East Cambridgeshire ...
Daily News Wrap-Up: EESL Subsidiary to Distribute 15 Million LED Bulbs in Rural Areas
Here are some noteworthy renewable energy news from around the world: Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services, has unveiled the GRAM UJALA program. Under ...
Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020
Canadian Solar, a Canada-based solar module manufacturer, reported an 8.6% increase in net revenue with $3.47 billion in 2020 compared to $3.20 billion in 2019 owing to a 32% annual ...
Funding and M&A Roundup: Orix Completes Acquisition of 21.8% Stake in Greenko
Australian utility AGL has entered into agreements to acquire two of Australia’s largest commercial solar businesses, Epho and Solgen Energy Group (from Anchorage Capital Partners), both commercial and industrial solar ...
Daily News Wrap-Up: Sembcorp Awarded 60 MW Rooftop Solar Project in Singapore
Here are some noteworthy cleantech announcements of the day from around the world: Sembcorp Industries said that its wholly-owned subsidiary Sembcorp Solar Singapore has been awarded a 60 MW solar ...
Project Finance Brief: Enel Green Acquires 519 MW Solar Portfolio from Arena Power
Endesa, through its renewable energy company Enel Green Power Espana (EGPE), has acquired a solar PV portfolio of 519 MW from the Spanish developer Arena Power. The portfolio includes 11 ...
Daily News Wrap-Up: Rosatom to Acquire 49% Stake in South Korean Energy Storage Company
Here are some noteworthy cleantech announcements of the day from around the world: RENERA, an energy storage business arm of Rosatom, has signed an agreement to acquire a 49% share ...
Nexamp Secures $440 Million Loan for its 380 MW Solar and Storage Portfolio
Nexamp, a U.S.-based solar energy company, has secured a $440 million senior secured credit facility for its 380 MW of solar and storage portfolio that spreads across five states and ...
Daily News Wrap-Up: Adani Green Commissions a 100 MW Wind Project in Gujarat
Here are some noteworthy cleantech announcements of the day from around the world: Adani Wind Energy Kutch Three, a subsidiary of Adani Green Energy, has commissioned a 100 MW wind ...
Funding and M&A Roundup: EDP Renewables Acquires a Majority Stake in C2 Omega
EDP Renewables, through its fully owned subsidiary EDP Renewables North America, has closed its acquisition of a majority interest in C2 Omega, the distributed solar platform of C2 Energy Capital ...
Daily News Wrap-Up: Sangam Renewables Commissions a 16 MW Solar Project in Maharashtra
Here are some noteworthy cleantech announcements of the day from around the world: Sangam Renewables, in a BSE filing, said its subsidiary Waacox Energy has commissioned a 16 MW mounted-solar ...
