Nautilus Solar Energy, LLC ("Nautilus"), a leader in solar power development throughout the United States and Canada, has announced that it has closed a $39 million non-recourse construction and term facility from Rabobank, a leading financier of renewable energy projects in North America. The credit facility will support the construction of a solar photovoltaic (PV) portfolio of distributed generation projects located in the province of Ontario.
Coronal Group LLC (Coronal) announced that it has acquired a 35-megawatt solar farm located near Tucson, Ariz. The 225-acre Avalon Solar Project generates enough emission-free solar energy to power 5,620 homes through Tucson Electric Power.
The South Africa Department of Energy (DOE) awarded preferred bidder status for a 100 megawatt (MW) Concentrating Solar Power (CSP) project to a consortium led by SolarReserve, a leading global developer of utility-scale solar power projects and advanced solar thermal technology, and International Company for Water and Power Projects (ACWA Power), the Saudi water and power developer, owner and operator.
China Ming Yang Wind Power ("Ming Yang" or the "Company"), today announced that its 6.0MWSuper Compact Drive ("SCD") wind turbine generator has won the silver award of the Best Offshore Wind Turbines in the Windpower Monthly Turbines of the Year Awards 2014 ("Windpower Monthly Awards").
Growing Cost-Competitiveness Drives Market Opportunities: Renewable energy has made strong advances in the power generation fuel mix in many developed and developing nations in the past decade. Energy-hungry nations are increasingly turning to renewables in order to meet their rapidly increasing demand.
Solar Power, Inc. (“SPI”), a vertically-integrated photovoltaic (“PV”) developer, today announced that it has entered into definitive agreements and closed the acquisition of Gonghe County Xinte Photovoltaic Co., Ltd. (“Xinte”), a PV project company established in the People’s Republic of China with limited liability and directly owned by TBEA Xinjiang Sunoasis Co., Ltd. (“TBEA Sunoasis”).
SunEdison, Inc., a leading global solar technology manufacturer and provider of solar energy services, and TerraForm Power, Inc. (Nasdaq: TERP), a global owner and operator of clean energy power plants, today announced that SunEdison had purchased new turbines that will enable SunEdison to develop up to 1.6 gigawatts (GW) of incremental wind energy projects which qualify for the U.S. federal production tax credit (PTC). TerraForm will purchase the projects from SunEdison once they achieve commercial operation.
SunEdison, Inc., the world's largest renewable energy development company, and TerraForm Power, Inc., a global owner and operator of clean energy power plants, today announced that TerraForm has acquired 21 U.S. distributed generation (DG) solar power plants comprising 26 MW from SunEdison through a series of transactions valued at $47 million.
Abengoa, the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, and the energy and infrastructure investor EIG Global Energy Partners ("EIG") have entered into a non-binding agreement with the objective of jointly investing in a New Company (Newco) for the development of the already contracted portfolio of Abengoa's projects under construction.
Cube Hydro Partners, LLC, a portfolio company of the ISQ Global Infrastructure Fund and its affiliated funds, is pleased to announce that it has closed on the acquisition of Lyonsdale Associates, LLC from Burrows Paper Corporation and affiliates.
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