The Florida-based investment firm has picked up Conergy’s
successful foreign assets, including North American and Asian sales units, which boast strong orders for large-scale power plants.
Investors IFC Catalyst Fund, FMO and SIFEM have raised $130 million for investment in small-scale renewable energy projects in Southeast Asia ranging between $5 million and $12 million.
A chaotic consolidation, fraught with uncertainties, will still provide new opportunities in the Chinese market for new investors and global firms, Lux Research says.
The Chinese solar giant is increasing its EPC operations in the face of growing solar demand at home. The company is planning to build three 100 MW projects in Hebei Province.
The first phase of the UniSource Energy Service solar park consists of a 4 MW array. When complete, the plant will supply power to some 91,000 residents.
Ontario’s feed-in tariff continues to attract solar projects. Greenhouse operator Vine Fresh Produce’s new 2.3 MW rooftop installation, constructed by Sentinel Solar, employed more than 9,000 high-efficiency JinkoSolar modules.
EU Energy Commissioner Günther Oettinger called for a fundamental reform of Germany’s renewable energy law during a speech in Berlin.
JFE Engineering has begun work on a 21.7 MW plant in Japans Hokkaido Prefecture. The project is one of five solar plants being financed by Sparx Group with a combined capacity of 38.1 MW and cost of nearly $150 million.
More and more electricity generated via renewable sources are finding its way directly to the electricity power exchange.
China’s LDK Solar managed to improve revenue and narrow its hefty loss in what its CEO says is an improving market environment. However, the group remains straddled by billions of debt.
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