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.
Enel acquires U.S. storage company Demand Energy
Through its subsidiary Enel Green Power North America, Italian multinational the Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
NexTracker to supply 30 MW project in Tamil Nadu
U.S. tracker manufacturer NexTracker announced this week that it will partner with project developers CleanMax Solar to supply 30 MW of its NX Horizon single axis trackers to a project in Tamil Nadu, India.
Sunrun partners with National Grid to spread solar
The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.
Unmanned Mayflower solar trimaran aims to cross Atlantic
The Mayflower Autoship is being developed to sail under solar power from Plymouth, Devon to Plymouth, Massachusetts in 2020 to celebrate the 400th anniversary of the pilgrims journey aboard the original Mayflower in 1620. This would be the first Atlantic crossing by an unmanned solar vessel.
Huawei and BayWa r.e. partner up on procurement contract
German solar developer BayWa r.e. has signed a Global Procurement Framework Contract with Chinese technology company Huawei, for the supply of an initial target volume of 400 MW of Huawei’s inverters, as Huawei continues its expansion into various international markets.
