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ReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China
ReneSola Ltd (“ReneSola” or the “Company”) (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, today announced it has secured an RMB120 million (US$18 million) financing facility from China Kangfu International Leasing Co., Ltd (“China Kangfu”), an affiliate of State Power Investment Corporation (SPIC).
Wood Group supports 1 GW Sweihan PV project to financial close
Wood Group’s clean energy business has supported one of the world’s largest PV projects to financial close.
BlueNRGY Group to Acquire Green States Energy
BlueNRGY Group Limited (OTC PINK: CBDEF) (“BlueNRGY”), a global provider of systems and services for managing distributed renewable power systems and integrating them with the power grid, announced today the entry into a Letter of Intent (LOI) to acquire Green States Energy, Inc. (“GSE”), an owner of PV solar facilities with generation capacity of 18.7 MWp and valued at more than $60 million.
Sunworks to Complete 1.4 MW Solar Project for Los Altos School District
Sunworks, Inc. (NASDAQ: SUNW), a leading provider of solar power solutions for agriculture, commercial, industrial (ACI) and residential markets today announced a new 1.4 MW solar power construction project for nine elementary and middle school locations in the Los Altos School District (LASD). Sunworks was contracted by ForeFront Power, a leading solar power developer that assists public sector agencies by delivering the most impactful behind-the-meter, virtual, and wholesale renewable energy solutions. Sunworks’ dedicated, in-house construction team will manage all of the engineering, procurement and construction for this project.
EXOlifestyle, Inc. Announces Plans to Acquire Sun Pacific Power Corp., a Manufacturer of “Next Generation” Solar Panels and Lighting Products as a wholly owned subsidiary, and to Change Its Name to Sun Pacific Holding Corp.
BOCA RATON, FL–(Marketwired – Aug 21, 2017) – EXOlifestyle, Inc. (OTCQB: EXOL) announced today plans to acquire Sun Pacific Power Corp., a Manufacturer of “Next Generation” Solar Panels and Lighting Products. Pursuant to the Acquisition Agreement entered into on August 17, 2017, EXOlifestyle, Inc. plans to change its name and operate as Sun Pacific Holding Corp. The transaction is expected to close by August 22, 2017.
Yellow Door Energy, Elcome Sign Agreement and Will Begin Installation of a 311 kWp Rooftop Solar PV Plant
Yellow Door Energy (YDE), a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, announced today that it will begin the installation of a 311 kWp solar PV plant at Elcome’s headquarters located in Dubai Investments Park, Dubai, UAE. Elcome is one of the world’s leading marine technology system integration and services companies and employs a workforce of over 500 people in 11 countries. Yellow Door Energy will manage the construction, operation and maintenance of the solar PV plant for the next 20 years. The solar lease structure eliminates the need for Elcome to make a capital investment and take on operational risk, allowing them to focus on their core business.
Photovoltaic Materials Market Size Worth $36.23 Billion By 2025: Grand View Research, Inc.
The global photovoltaic materials market is expected to reach USD 36.23 billion by 2025, according to a new report by Grand View Research, Inc. The growing PV installations coupled with rise in module manufacturing facilities in Asia Pacific is driving market demand.
Wärtsilä to supply 300 MW power plant to Bangladesh’s Summit Group
The technology group Wärtsilä today announced it had signed a contract with Bangladesh-based Summit Group to supply equipment totalling 300 MW. The power plant will be located in Gazipur and comprises eighteen Wärtsilä 46 engines operating on heavy fuel oil. The scope of supply for this project are the engine sets along with auxiliaries. The order is added to Wärtsilä’s order book for the third quarter. This is a fast-track delivery, which will be fully completed in nine months. The equipment is scheduled to be delivered by November 2017 and the power plant is expected to be fully operational in March 2018.
Amtech Prices Underwritten Public Offering of Common Stock
TEMPE, Ariz., Aug. 18, 2017 /PRNewswire/ — Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets today announced the pricing of an underwritten public offering of 1,055,000 shares of its common stock at a price of $9.50 per share
Linde Commences Ultra-High Purity Hydrogen Supply for WACKER Polysilicon plant
BRIDGEWATER, N.J., Aug. 16, 2017 /PRNewswire/ — Linde North America Inc., has successfully commenced supplying ultra-high purity hydrogen and steam to WACKER for its polysilicon plant located in Charleston, Tennessee. WACKER’s state-of-the-art multi-product facility, which recently began operating in Tennessee, can produce 20,000 tons per annum of polysilicon, a basic ingredient in the manufacture of solar panels and semiconductors. Linde’s ultra-high purity hydrogen and steam are essential to WACKER’s production of polysilicon for these consumer markets.
