SunEdison Seals Financing for 9.6-MW Solar Project in Japan
SunEdison Inc. has secured an undisclosed amount of non-recourse project financing from Shinsei Bank for its 9.6-megawatt Tarumizu solar photovoltaic power plant being built in Japan.
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SunEdison Inc. has secured an undisclosed amount of non-recourse project financing from Shinsei Bank for its 9.6-megawatt Tarumizu solar photovoltaic power plant being built in Japan.
Japan’s Solar Frontier has signed an agreement to acquire a 280-megawatt solar power project pipeline in the US from developer and operator Gestamp Solar.
8point3 Energy Partners, the solar Yieldco joint venture between First Solar Inc. and SunPower Corp., has filed for an initial public offering of shares in the US ahead of a listing the NASDAQ Global Market.
Gamesa and Areva have agreed to form a joint venture to build and install wind turbines for the booming offshore sector.
Chinese solar company Solar Power Inc. has signed agreements with three financial institutions for a total of RMB 10 billion (US1.6 billion) to help fund the company’s funding requirements.
Chinese solar panel maker JinkoSolar Holding Co. has signed a five-year RMB3 billion (US$479 million) strategic financing agreement with China Minsheng Banking Corp.
Solar3D Inc., which installs solar systems and develops high efficiency cells, has raised US$12.5 million from a public offering of its shares ahead of a listing on Nasdaq.
Japanese trading house Mitsui & Co. has signed an agreement to acquire a 25% stake in Spanish wind-turbine tower and flange maker in Gonvarri Eolica SL for US$128 million.
Canadian renewable energy company Northland Power has raised SS$281 million from a share sale and private placement to fund its wind power projects.
Canadian Solar Inc. is the latest renewable energy company that is planning to set up a Yieldco which typically provides power under long-term contracts and pays out a portion of its cash flow to shareholders.
SunEdison Inc. has acquired the energy storage business of Solar Grid Storage LLC, to complement its renewable energy portfolio of solar and wind projects.