Brookfield seeks to acquire Neoen for €6.1 billion
Canada’s Brookfield Asset Management has revealed plans to buy France-based Neoen for €6.1 billion ($6.6 billion).
Finland to construct seven solar plants totalling 213 MW
Solar projects across Finland have been given the green light after grant agreements were signed with the European Climate, Infrastructure and Environment Executive Agency. A total €27.5 million ($29.8 million) is being invested across the projects through the EU renewable energy financing mechanism.
Apricus Generation buys stake in Nexus Renewables
US-headquartered Apricus Generation says it has acquired a controlling stake in Toronto-based Nexus Renewables – its first strategic acquisition.
Access to finance key for solar in small island nations
Held once a decade since 1994, the fourth International Conference on Small Island developing states (SIDS) began this week in St. Johns, Antigua and Barbuda with a strong message: That major changes to international finance are needed to create a level playing field for sustainable development in the world’s island nations, and that larger nations and industries bear responsibility for the impacts of climate change, and must do more to honor commitments towards their mitigation.
Eurasian Development Bank to finance 300 MW of solar in Kyrgyzstan
The Eurasian Development Bank has agreed to provide $210 million over 15 years for Bishkek Solar to build a 300 MW solar plant in Kyrgyzstan. National Electric Grid of Kyrgyzstan will purchase the electricity for a period of 25 years.
Ireland opens fixed tariff scheme for small-scale solar projects
The second phase of Ireland’s Small-Scale Renewable Electricity Support Scheme (SRESS) is aimed at local communities and small- and medium-sized enterprises that produce their own electricity.
Malaysian IPP to expand solar portfolio with new acquisitions
Malakoff Corporation Berhad, a Malaysian independent power producer (IPP), plans to acquire a 51% share in ZEC Solar and a 49% stake in TJZ Suria. It says it has already signed a share sale and purchase agreement with Zelleco Engineering.
Recurrent Energy secures €1.3 billion financing for European project pipeline
The subsidiary of Chinese-Canadian solar manufacturer Canadian Solar says the financing will go towards developing and constructing solar and battery energy storage projects across Spain, Italy, the UK, the Netherlands, France and Germany.
Denmark to restart heat pump subsidy scheme
Danish citizens will once again be able to apply for heat pump subsidies from May 27. A DKK 17,000 ($2,469) grant will be available for air-to-water pumps and DKK 27,000 for liquid-to-water heat pumps.
Alcazar Energy Partners secures $490 million for second renewables fund
Alcazar Energy Partners has reached financial close, totaling $490 million, for its second renewable energy fund. It aims to develop more than 1.6 GW of clean energy projects across selected emerging markets, including the western Balkans.
