France’s Groupe Casino to sell GreenYellow renewables unit
French energy giants TotalEnergies and Engie are reportedly interesting in acquiring GreenYellow.
French developer secures backing for 30 MW in Burkina Faso
GreenYellow, a French energy solutions provider, has secured a €4.5 million guarantee from the Multilateral Investment Guarantee Agency to facilitate the construction, operation and maintenance of a 30 MWp solar project in Burkina Faso.
Plan to double size of 20 MW Madagascar solar park
The island nation’s first utility scale solar park is set to double in size and have energy storage added, with work due to start this month.
Scatec Solar secured 300 MW of solar capacity in 500 MW Tunisia auction
The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.
Eswatini 40 MW solar tender attracts 13 approved bidders
The regulator received 26 proposals overall for a project intended to make the kingdom less dependent on power imports from troubled South African utility Eskom.
Colombian renewables auction attracts 53 bids from 27 companies
Canadian Solar, Acciona, Enel, EDF, Solarpack and Trina are among the contenders to develop large scale renewables projects. Some 26 power distributors are participating in the procurement as buyers.
Solar money is all flowing downstream – in the West at least
Mercom Capital’s latest report on financial activity in the solar sector illustrates an increasing flow of capital towards downstream companies and PV projects – as well as a split between China and the rest of the world.
Bpifrance, Tikehau invest €150 million in Greenyellow
Upon completion of the transaction, the French national development bank and the asset manager will hold a 24% joint stake in GreenYellow. Funds will be used to help the Groupe Casino subsidiary accelerate its development phase.
Engie, Greenyellow create joint solar venture
France-based energy giant and the unit of the French conglomerate, Casino have obtained approval from the European Commission for the creation of a new common unit specializing in the development of solar projects for self-consumption.
