SunEdison says that the US$2.4 billion acquisition will make it the world’s largest renewable energy developer, and will give TerraForm Power 521 MW of additional operating wind and PV plants.
The deal will see SPI Solar purchase a raft of solar PV projects from TBEA Sunoasis across a number of Chinese provinces.
The lithium ion battery manufacturer plans to acquire a 500 MWh-capacity manufacturing plant for the production of lithium ion electrodes and other products.
The solar subsidiary of NRG Energy is set to open two new offices in the state, creating 100 new jobs as it augments its West Coast operation.
The installation marks the start of the Spanish company’s activities in Argentina’s PV sector. The province of San Luis has plans to install 3 GW of PV power through 2030 and Ingeteam is aiming to increase its supply of equipment in the region in the coming years.
The Shanghai-based company will spin off Jinko Power following separate agreements with China Development Bank International, the Macquarie Greater China Infrastructure Fund and New Horizon Capital.
The Chinese solar producer also posted net revenues of $492.2 million, up 25% on Q2 and a huge 71.8% rise on last year’s figures.
The output power of the record-setting solar modules can be further improved by fine tuning the company’s module assembly process and encapsulation materials, the company says.
Sky Solar Holdings, Ltd. ("Sky Solar") (Nasdaq:SKYS) today announced the pricing of its initial public offering of 5,525,000 American depositary shares ("ADSs"), each representing eight of its ordinary shares, at a price to the public of US$8.00 per ADS for a total offering size of US$44.2 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on NASDAQ Capital Market today under the symbol "SKYS."
In addition, Sky Solar has granted the underwriters a 30-day option to purchase up to an additional 828,750 ADSs.
Roth Capital Partners is acting as the sole book-running manager for the offering. Northland Securities, Inc. is acting as the co-manager for the offering.
– See more at: http://globenewswire.com/news-release/2014/11/13/683033/10108132/en/Sky-Solar-Announces-Pricing-of-Initial-Public-Offering.html#sthash.2kyrNtm9.dpuf
While the technologies are not currently in production, they will be part of the company’s future commercialized Honey Plus and IBC products, says Trina Vice President and chief scientist Pierre Verlinden.
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