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RES Secures Permit for Wind Plus Storage Project in Australia

RES has secured planning permission for the 185 MW Twin Creek Wind Farm and battery storage facility in Adelaide. RES, one the world’s largest independent renewable energy company, has secured planning permission for the 51-turbine Twin Creek Wind Farm and battery storage facility, 90 km to the north of Adelaide. Following development consents for the […]

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Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific

UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […]

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Unplanned Solar Plant Repairs Worth $16 bn by 2024

Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […]

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NEXTracker Launches NX Gemini to Expand its Solar Offering

Two-in-portrait system maximizes value on projects with challenging site conditions. In order to further expand solar tracker offerings, one of the leading solar tracking company NEXTracker has launched a new product for its smart single-axis solar tracker family—NX GeminiTM. The company said that, this is the next-generation two-module-in-portrait (2P) tracker and is optimized for customer […]

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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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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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Capital Dynamics Acquires 68 MW Wind Portfolio in Northern Ireland

Capital Dynamics CEI has reached an agreement to acquire 100% of the equity in a portfolio of 4 operating wind projects totaling 68 MW in Northern Ireland Capital Dynamics, an independent global private asset management firm, has announced that its European Clean Energy Infrastructure (CEI) business has reached an agreement to acquire 100 percent of […]

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Capital Dynamics Acquires 180 MW Solar Project in Nevada

Capital Dynamics has announced that its CEI business has acquired the Townsite Solar Project, a 180 MW solar project located in Nevada Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure (CEI) business has acquired the Townsite Solar Project, a 180 MW/ 231 MWdc solar project located in […]

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CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility

CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […]

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