Emeren Group Ltd finalizes the sale of a 29 MW PV portfolio in Spain to Rubis Photosol, facilitated by the European Solar Energy Development JV. The portfolio, located in Alicante, is set to generate 57,000 MWh of clean energy, able to power 20,000 households starting H2 2025. Advisors include Finergreen, Squire Patton Boggs, Everoze, and…
CEB invites proposals for 70 MW PV Plants (1-5 MW each) under a 20-year BOO framework. The bid covers design, supply, erection, and maintenance. Pre-Bid Meeting is on Dec 5, 2023 while submission deadline is by Dec 19, 2023. Successful bidders sign long-term PPAs with CEB, and projects are to be commissioned within 10 months….
Sembcorp Solar Vietnam, plans to acquire 73-100% majority stakes in Gelex subsidiaries, adding 245 MW renewable assets in Vietnam. The $218 million deal includes wind, solar, and hydropower, expanding Sembcorp’s total capacity to 12.2G W. Long-term PPAs with Vietnam Electricity secure the assets. The transaction aims for completion in H1 2024, with no expected material…
Aigen, an AI-powered solar robotics firm, secures $12 million in Series A funding, propelling the development of its 7,500 sq ft US manufacturing and R&D facility. Operating 14 hours/day, the Element fleet utilizes a custom 205 W solar panel and quantized AI, weeds crops, reducing pesticide use. Aigen aims to transform farming, providing real-time insights…
NTPC Renewable Energy Limited is inviting bids for Land and Power Evacuation Package for 900MW ISTS Connected PV Projects in Kurnool, Andhra Pradesh. Project involves arranging government/private land on a freehold/leasehold basis, with a minimum lease period of 30 years. The bids must be received by 18.12.2023, with its document cost of INR 22,500.
Korkia strengthens its global renewable energy investor position by acquiring RSF Capital Partners’ renewable energy business. The acquisition, finalized in October, builds on their prior collaboration, establishing 12 renewable projects across eight countries with an 11 GW capacity. This capacity can power 10 million households and represents over 9 billion euros in investments.
Madison Energy Infrastructure has acquired Pro-Tech Energy Solutions, a leader in commercial and industrial solar projects. Pro-Tech’s expertise and offsite solar projects complement MEI’s clean energy solutions, expanding its sustainable offerings. MEI operates in 25+ states with a strong clean energy portfolio, while Pro-Tech is renowned for cost-effective solar installations. This union strengthens MEI’s position…
Sunrun’s Q3 2023 report reveals a $130 million increase in net earning assets, reaching $4.6 billion. They installed 258.2 MW of solar energy capacity, bringing the total networked capacity to 6.5 GW. Storage attachment rates surged to 33%. Net Subscriber Value stood at $11,030. Customer additions in Q3 reached 33,806, representing a 19% growth compared…
The Ceylon Electricity Board invites EOI for constructing two 100 MW FPV plants on Samanalawewa Reservoir. The project seeks experienced firms to merge solar energy with hydroelectric power for a 20-year contract. Proposals must include grid interconnection details. Each proponent can submit one 100 MW proposal. The submission deadline is December 13, 2023.
Trina Solar’s Q3 2023 revenue reached $11.58 billion, reflecting a 31.22% year-over-year increase. They are leading the industry with 45-46GW in module shipments and 5.6GW in tracker deliveries. Their cumulative 210mm module shipments have surpassed 90GW globally. Recently, they commenced mass production of 10 GW Vertex N 610 W modules and 10 GW n-type i-TOPCon…
