ReneSola enters partnership with China Resources Leasing worth US$145 million annually
Chinese fully-integrated solar developer ReneSolar has signed the partnership with the significant holding company that would see China Resources Leasing provide it with an annual credit facility no smaller than RMB 1 billion (US$ 145.8 million) to expand its downstream project development.
BNRG and Neoen announce joint venture to develop €220 million solar projects in Ireland
The €220 million deal has been signed by Irish company BNRG and French energy firm Neoen to build 23 solar parks in Ireland, totalling 220MW.
Another 100 MW of grid-connected rooftop solar being tendered in India
Government enterprise Central Electronics Limited (CEL) is tendering the new rooftop capacity using the RESCO model for projects nationwide, with bidders given until March to apply, according to market analyst Mercom Capital.
BayWa sells 47 MW of solar plants to PSE&G Solar Source
New Jersey-based utility Public Service Electric and Gas Company (PSE&G) is branching out its solar acquisition portfolio, by acquiring two utility-scale PV plants from BayWa r.e. in North Carolina, through its subsidiary PSEG Solar Source.
Hangzhou Fengling finishes 200 MW solar-aquaculture project
The developer connected the massive installation to the grid earlier this month in eastern China, roughly 150 kilometres south of Shanghai.
IBC Solar opening subsidiary in South Africa
IBC Solar has decided to take the plunge in the exciting South African market, by setting up its own subsidiary in the country with its partner maxx | solar energy, after undertaking a number of projects alongside the company.
TerraForm Power, Global get serious with Brookfield
The two yieldcos have entered into an exclusive agreement with Brookfield towards a purchase of the company, and entered into an MOU with SunEdison towards settling lawsuits to enable this sale.
Solar lending rates continue to fall in India
Mercom Capital says the fall in rates is now making projects with lower prices viable, and that demonetization could further bring down rates.
BECE moves forward on 200 MW in China
Beijing Enterprises Clean Energy (BECE) is now set to begin building the massive PV array in Jinzhai county in central China’s Anhui province.
Meteorology matters: An interview with Vaisala’s Gwendalyn Bender
Interview: Financiers are cautious. They would rather not finance a project than risk their investment in betting on the weather. As a result, many promising projects are not realized. Gwendalyn Bender, Vaisalas Head of Solar Product Development explains how to reduce uncertainty and improve financing probabilities and conditions.
