Solar Energy International News

IFC and FRV Close Financing for 296 MW Mexican Solar Plant

The International Finance Corporation (IFC) and Fotowatio Renewable Ventures (FRV) have announced the financial close for 296 MW Potrero Solar project. The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, a leading global developer of renewable utility-scale projects, has announced the financial […]

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Canadian Solar Sets World Record Efficiency With P5 Casted Mono Solar Cells

Canadian Solar has set a new world record of 22.80 percent conversion efficiency for p-type large area multi-crystalline silicon solar cells. Canadian Solar, one of the world’s largest solar power companies, has announced that its technology team has set a new world record of 22.80 percent conversion efficiency for p-type large area multi-crystalline silicon solar […]

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Sakuraenergy’s new RE Generation System Requires Only 1 Sq Mtr to Produce Electricity

Sakuraenergy has developed an all-new generation system for renewable energy (RE), PARASOLA with a compact size that requires only 1 sq. mtr. Japan-based Sakuraenergy has announced that it has developed an all-new generation system for renewable energy, PARASOLA, which is equipped with a motor power generator/power storage battery package that supplies electricity around the clock. […]

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IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects

Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […]

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Total, Envision JV to Take on Distributed Solar Energy Market in China

Total and Envision have partnered to develop on-site distributed generation solar projects for B2B customers in China. TEESS, a 50/50 joint venture company, established by French multinational integrated oil and gas company Total and the Envision Group, a global leading smart energy technology company, has announced the launch of its commercial activity to develop on-site […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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APS in Arizona Issues RfP for 400 MW of Solar and Wind Energy Resources

The Arizona Public Service Co. (APS) has announced that it has issued two separate RfP for solar and wind energy resources worth a combined 400 MW The Arizona Public Service Co. (APS), the largest and longest-serving electric company in the state has announced that it has issued two separate Request for Proposals (RfP) for solar […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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