Swiss PV group has chosen Greenhill & Co. International to advise on the transaction, which would give it a chance to shore up its capital and devote more resources to the expansion of it business in Japan.
Chinas Goldwind has revealed that it will commission its first solar plant in Australia, the 20 MW White Rock project, by late 2017.
As Japan’s energy system approaches a crucial junction, business leaders have urged Japanese policymakers to stay the course with renewables development. The case was also made for the establishment of an Asian super grid that could connect the countries of Northeast Asia in a single, meshed electricity network.
Excel Deal Investment has agreed to buy two 81% stakes in two companies from Hunan Singyes Green Energy for HKD861,000,000 (USD111 million).
The countrys Department of Energy (DoE) may start imposing limits on the amount of renewables such as solar and wind that can be installed in parts of the country where the grid is most congested, according to a local report.
Indian solar developers are gradually laying the groundwork for the emergence of a secondary market for solar assets by shopping their rapidly growing project portfolios to prospective investors, according to a recent report by Bridge to India.
First-half revenues reached NTD10.408 billion (USD334 million ), contributing to an operating loss of NTD834 million. It recorded a gross margin of 3.37%.
The state authorities in South Australia have given the Irish developer the green light to move forward with the A$680M ($517.7m) project, which will be built in Port Augusta.
According to the terms of the 9 billion yen ($88.2m) deal, Toshiba will design and build the project in Kimitsu, Chiba prefecture.
Although completed in May, the array had to undergo maintenance following an earthquake in April. The Japanese company is set to expand its solar portfolio from 190 MW to more than 300 MW.
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