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Lightsource BP Completes $250 Mn Financing for Solar Project in Texas

Lightsource BP has successfully closed on a USD 250 million financing package for its 260 MW Impact Solar project located in Texas Lightsource BP, a global solar leader, has announced that it has successfully closed on a USD 250 million financing package for its Impact Solar project located in Lamar County, Texas, 120 miles northeast []

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NEXTracker Completes Delivery of Trackers for 3.4 GW of Solar Portfolio

NEXTracker has completed the delivery of its smart solar trackers for 174 Power Globals 3.4 gigawatts (GW) US solar projects portfolio. NEXTracker has announced that it was selected by 174 Power Global, an affiliate of Hanwha Group, to supply its smart solar trackers across 174 Power Globals 3.4 gigawatts (GW) US solar projects portfolio. The []

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ABB Completes Acquisition of Chinese EV Charging Provider Chargedot

ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Swiss-Swedish multinational corporation ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology (Chargedot). Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to []

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Pattern Energy and CPP Investments Complete Merger Transaction

Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern []

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Sterlite Power Completes Sale of Novo Estado Project to ENGIEs Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIEs arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) []

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No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh

Indias solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said Indias solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. The solar []

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ABB Successfully Completes Divestment of Solar Inverter Biz To FIMER

ABB, a technology leader driving the digital transformation of industries, on Monday said that it has completed the divestment of its solar inverter business to FIMER SpA, an Industrial equipment supplier in Italy. The Swiss-Swedish multinational corporation further said that, this transaction enabled its Electrification business to improve the focus of its business portfolio on []

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Scatec Solar Commissions 2nd Unit in 258 MW Solar Complex in South Africa

Scatec Solar has started early commercial operation for another 86 MW, the second of three, of the 258 MW solar power complex in Upington, South Africa. Scatec Solar and partners have grid-connected and started early commercial operation for another 86 MW unit, the second of three, of the 258 MW solar power complex in Upington, []

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