Quercus Assets Selection and Swiss Life Asset Managers have acquired Antin Solar Investments (ASI) and its 771. MW Italian PV portfolio, worth EUR 310 million. The transaction should be finalized in Q1 2016.
BayWa r.e. has sold another U.K. solar project this year. The 24.2 MW PV park has been acquired by CEE Management GmbH for an undisclosed sum.
The possibility to register as an interested party for the EU Commission’s expiry review of minimum prices and import volumes for Chinese solar PV manufacturers expired on Monday. Many more companies and organizations registered than in 2013, the majority of which are based in Germany.
Anti-circumvention duties of 53.4% and anti-subsidy duties of 11.5% are to be applied to Chinese solar PV panels and cells shipped from Taiwan and Malaysia to the EU, after the European Commission (EC) found evidence of duty dodging. They will be applied retroactively. Companies have until January 6 to comment on the ruling, with a final decision expected by the end of February.
GTM Research finds that SolarCity’s market share grew to almost 37% in the third quarter of 2015, however the company notes that there is still opportunity for small- to mid-sized installers.
Vivint Solar has issued a proxy statement calling for a shareholder vote. Acquisition by SunEdison is expected to close in the first quarter of 2016.
Martifer Solar has added solar PV plants totaling 31 MW to its operation and maintenance (O&M) portfolio in Spain.
A new policy to encourage financing of distributed solar PV projects in Chinas largest city has been jointly released by the Shanghai Reform and Development Committee (HRDC) and Shanghai Finance Bureau. IRRs are expected to increase to over 20%.
Urbasolar has been awarded 15 PV projects totaling 80 MW in France’s latest solar auction. It will invest around EUR100 million in rolling them out.
Representing the largest project of its kind in Scandinavia, a 61 MW solar PV plant has been completed by Wirsol in Denmark. More projects are being planned by the company in the region next year.
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