GFG Alliance to buy Australia’s ZEN Energy
SIMEC Energy, a unit of India’s GFG Alliance, has acquired a majority stake in Adelaide-based PV and battery storage installer ZEN Energy, as part of a broader strategic partnership.
Ontario offers 150 MW of small-scale renewables under FIT round
Solar had the largest share in the final procurement round, with PV developers securing 382 of the 390 assigned feed-in tariff (FIT) contracts. Around 35% of the offered contracts are projects in indigenous communities.
Total to acquire 23% stake in French developer Eren RE
France-based oil giant Total has agreed to acquire a 23% stake in French renewable energy group Eren RE for €237.5 million ($282.6 million).
GE to build 50 MW solar PV plant in Egypt
In what comes as the company’s first turnkey solar contract, GE Power Conversion is expected to build a 50 MW PV plant in Egypt.
Quercus to build 600 MW in Iran
Quercus Investment Partners has revealed plans to develop, build and run 600 MW of solar capacity in Iran.
Colombia announces renewable projects to provide power to 60,000 people
The Government of Colombia has dedicated COP 200 billion ($69 million) to renewable projects, as part of the country’s sustainable development objectives. The projects funded will supply up to 60,000 Colombian’s with electricity, according to the Ministry of Mines and Energy.
Enphase and Waaree partner to bring AC modules to Indian market
The U.S. microinverter specialist has partnered with Indian solar module manufacturer Waaree to produce AC solar modules integrated with its microinverter technology.
APA approved for up to 240 MW in Australia
APA Group has secured approval to build between 150 MW and 240 MW of solar capacity in the Australian state of Queensland, with the potential to add up to 100 MW of battery storage.
Fortum wants to buy Uniper shares for €3.8 billion
Finnish energy group Fortum could take over a 46.65% stake in Uniper from Eon, with a deal expected to be made as early as the start of 2018. Eon hopes to see proceeds of €3.8 billion from the sale.
Slight rise in India’s solar tariff: bids at INR 2.65 in Gujarat
A slight variation from last auctioning results which had lowest bidding at INR 2.44/kwh.
