Monthly Archives: January 2019

China’s PV power capacity to exceed 170 gigawatts at the end of 2018

China’s capacity for photovoltaic (PV) energy grew by 34 percent year on year in 2018. Total installed PV capacity surpassed 170 gigawatts at the end of 2018, thanks to 43 gigawatts of capacity added over the year, according to the China Photovoltaic Industry Association. The capacity amounted to over 9 percent of the country’s power generation capacity in 2018, and

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Enel sells 540 MW of renewable capacity in Brazil for 700 million euros

Agreement signed with Chinese company CGNEI to sell 100% of solar plants Nova Olinda (292 MW) and Lapa (158 MW) as well as the 90 MW Cristalândia wind farm The transaction is aimed at freeing up resources that can finance Enel’s further renewable development in Brazil, while the company will continue O&M activities on the assets sold Closing of the

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BayWa r.e. secures O&M contracts with Octopus Investments

BayWa r.e., has secured the contract for the operations and maintenance of thirteen UK solar farms on behalf of Octopus Investments.  This marks a further strengthening of BayWa r.e.’s partnership with Octopus Investments, who is the largest non-utility investor in onshore renewables in the UK and the largest commercial solar player in Europe. After having successfully taken over the technical

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Sunseap invests in Australia’s leading commercial solar company Todae Solar

Sunseap Group, Southeast Asia’s leading sustainable energy provider, has acquired a minority stake in Todae Solar, one of Australia’s largest solar commercial and industrial engineering, procurement and construction (EPC) companies*. The strategic partnership will provide further growth opportunities for both companies to deliver larger and more complex projects in Australia. Sunseap will be able to leverage on Todae Solar’s expertise

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Altus Power Acquires Sponsor Member Interests in Solar Tax Equity Partnership

Altus Power America, Inc. with its subsidiaries (“Altus Power”) has successfully completed the acquisition of sponsor member shares in an existing solar tax equity partnership from a California-based developer.  The tax equity partnership owns a 3.97MW ground mounted PV solar system in southern California that sells power under a 20-year PPA.  Altus Power structured the transaction to recapitalize the sponsor’s

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Ameresco, Inc. Completes Acquisition of Maximum Solar

Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, today announced that it has acquired Maximum Solar, a Massachusetts based firm that specializes in solar operations and maintenance. With this acquisition, Ameresco will expand its operations and maintenance services to owners of commercial-scale photovoltaic solar facilities. “A well-designed and properly executed maintenance program can be a crucial element to long-term energy system

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Photon Energy Secures Long-Term Financing for 11.5 MWp in Hungary

Photon Energy (WSE: PEN, the ‘Group’) announced today that it has closed a long-term non-recourse project financing agreement for its 11.5 MWp proprietary PV power plant portfolio in Hungary. The portfolio is comprised of 17 individual KÁT-licensed PV power plants in three different locations. The 0.5 MWp project in Fertőd was grid-connected in March 2018, eight projects in Tiszakécske with

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