Sunnova prepares for its first securitization
The $255 million offering makes Sunnova the latest distributed solar provider to offer securities backed by residential solar assets.
EIB extends €200 million loan for solar projects in India
In its largest ever support for solar power in Asia, the European Investment Bank (EIB) has confirmed a €200 million ($214 million) loan to the State Bank of India.
Sonnedix finalizes acquisition for 136 MW of Spanish solar capacity
The independent power producer is now the owner of the Vela Portfolio, which amounts to 136 MW of solar PV capacity across 43 Spanish sites, and has been sold by Centerbridge Partners.
REN21 renewables report finds strong hope for 100% renewable world by 2050
More than 70% of 114 global energy experts interviewed in REN21 Renewables Global Futures Report believe global transition to 100% renewable energy is feasible. However, challenges remain fiercest in areas of transport and larger economies.
Canadian Solar raises $47m to finance 19 MW Japan solar plant
The Chinese solar power company has signed an inaugural dual-tenor green project bond with Goldman Sachs Japan to aid the construction of its Gunma Aramaki solar power plant.
Eneco acquires Eni Belgium, plans more investments in solar and wind
The Dutch power provider has acquired Belgian utility Eni Belgium and a larger share in Belgium’s power market. The company said that it will now invest in new power production in the country, especially in solar and wind.
ADB extends $175 million loan to India’s PGCIL
India’s burgeoning renewable energy capacity is set to receive a boost in the form of a $175 million loan.
Phoenix Solar reports first profit since 2010
The German system integrator saw its turnover grow significantly last year. For 2017, the company expects a further improvement.
The pv magazine weekly news digest
Trump declares war on clean energy, Tesla hurtles the other way down the fast lane towards a solar future, SolarWorld lays out its cost-cutting plans, and Algeria’s bold PV goals raise concerns.
Fonroche Solaire changes name to Reden Solar, announces plans to deploy more PV plants in France and Puerto Rico
The French solar developer, which is owned by France-based investment companies Infravia and Eurazeo, aims at installing over 80 MW of new PV plants annually over the next three years.
