Solar Energy
Solar Energy
Wells Fargo to invest more than $100m in solar energy company SunEdison
US-based financial institution Wells Fargo & Company is set to invest more than $100m equity in solar energy company SunEdison during 2013 and 2014 to fund US solar photovoltaic distributed generation power projects. The new...
Solar Energy
ADB associates with Pakistani state Punjab to develop 2,000MW solar energy
State government of Punjab in Pakistan has forged a partnership with the Asian Development Bank (ADB) to develop 2,000MW of solar energy in the state within two years. The first solar project under the collaboration...
Solar Energy
Welspun Energy secures credit facility of $22.9m for Indian solar project
Indian renewable energy company Welspun Energy has secured credit facility of INR1.35bn ($22.9m) to finance the development of its solar project in Maharashtra. According to a statement, financial investors have assured long-term facility with debt...
Solar Energy
Kyocera secures $89m agreement for 30MW solar projects in Japan
Japanese electronics manufacturer Kyocera has secured a JPY8.5bn ($89m) agreement to develop solar projects at agricultural facilities across the country. The contract was placed by National Federation of Agricultural Cooperative Associations (Zen-Noh) and Mitsubishi. Under...
Solar Energy
China’s STGCON to acquire German solar module maker Asola
China-based electronics company STGCON is set to acquire German PV module manufacturer Asola Solarpower, which filed for insolvency in January this year. Asola filed for insolvency citing drop in the price of solar modules in...
Solar Energy
Canadian Solar secures $301.1m contract for the construction of solar plant
Canadian Solar has entered into a C$310m($301.1m) engineering, procurement, and construction (EPC) agreement with Grand Renewable Solar, for the construction of a utility-scale solar power plant. The proposed 130MW solar power facility will comprise around...
Solar Energy
Canadian Solar offloads four solar projects for $217m
Solar power giant Canadian Solar has offloaded its four solar power projects for C$225m ($217.2m) by forging a sales agreement with BluEarth Renewables. The agreement was executed by Canadian Solar's subsidiary Canadian Solar Solutions. The...
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