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Independent Power Producer

Facebook’s 102.5 MW Solar Farm Commissioned in Georgia

Facebook’s first solar project in the state of Georgia, the 102.5 megawatts (MW) solar farm is now operational in Early County. Facebook‘s first solar project in the state of Georgia is now operational in Early County. Facebook representatives joined Walton Electric Membership Corporation (EMC) and Silicon Ranch to “flip the switch” on the 102.5 megawatts […]

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Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn

Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […]

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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its  credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […]

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Neoen and Tesla to Expand World’s Largest Li-ion Battery System

Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […]

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Scatec Solar Begins Commercial Operation of its 47 MW Plant in Ukraine

Scatec Solar and partner Rengy Development have reached commercial operation for the 47 MW Rengy solar project in the south of Ukraine. Independent solar power producer Scatec Solar and partner Rengy Development have grid-connected and reached commercial operation for the 47 MW Rengy solar project in the south of Ukraine. “We are very proud to […]

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Neoen Bags Two Solar Projects Worth 108 MW in Europe

Neoen has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy has announced that it has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. […]

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LONGi Ranked Most Financially Stable PV Manufacturer by BNEF

LONGi Solar has topped the BNEF Altman-Z score chart for solar module manufacturers for the first time. Chinese solar PV major, LONGi Solar has topped the Bloomberg New Energy Finance (BNEF) Altman-Z score chart for solar module manufacturers for the first time – and with a highly increased score. The Altman-Z ratio measures a company’s […]

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Axpo Acquires Urbasolar With Plans to Become European Leader in PV Segment

Swiss energy utility Axpo and independent French solar PV specialist Urbasolar have announced the signing of an acquisition contract of 100% of the latter’s securities by Axpo. This agreement aims to consolidate and stimulate the growth of the French PV specialist, which now becomes the photovoltaic operator within the group with the ambition to become […]

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Scatec Solar Brings First Part of 400 MW Solar Plant in Egypt Online

Norway-based Scatec Solar has announced that it has grid-connected and reached commercial operation for 65 MW of its 400 MW Benban project in Egypt. The Benban solar power plant is Scatec Solar’s largest project under construction, and the company is the largest contributor to the 1.5 GW Benban site – the world’s largest solar park. […]

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