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.
The €220 million deal has been signed by Irish company BNRG and French energy firm Neoen to build 23 solar parks in Ireland, totalling 220MW.
Government enterprise Central Electronics Limited (CEL) is tendering the new rooftop capacity using the RESCO model for projects nationwide, with bidders given until March to apply, according to market analyst Mercom Capital.
Norwegian-based power solutions company Eltek is installing the systems as part of the United Nation Development Programme (UNDP), with the aim of supplying safe and reliable power to hospital that have poor access to grid electricity in the African country.
The latest report by Mercom Capital shows that while debt and public market financing for battery storage companies declined in 2016, that battery storage project funds raised $820 million during the year.
The German tool maker will supply €263 million worth of thin-film production equipment to two Chinese companies, as well as turning over its R&D company to a joint venture.
New Jersey-based utility Public Service Electric and Gas Company (PSE&G) is branching out its solar acquisition portfolio, by acquiring two utility-scale PV plants from BayWa r.e. in North Carolina, through its subsidiary PSEG Solar Source.
Hanergy Thin Film Power (HTF) says it will not contest an order by Hong Kong’s Securities and Futures Commission (SFC) to pay outstanding debts to its subsidiaries, as it seeks to resume trading of its stock.
The developer connected the massive installation to the grid earlier this month in eastern China, roughly 150 kilometres south of Shanghai.
IBC Solar has decided to take the plunge in the exciting South African market, by setting up its own subsidiary in the country with its partner maxx | solar energy, after undertaking a number of projects alongside the company.
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