Home Business & Finance

Business & Finance

CANADIAN SOLAR TO SELL ITS 80% INTEREST IN A 482.6 MWP CONTRACTED BRAZILIAN SOLAR PROJECT PORTFOLIO TO NEBRAS POWER

GUELPH, Ontario and MADRID: Canadian Solar Inc. (“the Company”, “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, announced today the signing of an agreement for the sale of its 80% interest in a 482.6 MWp portfolio of contracted solar projects in Brazil to Nebras Power Investment Management B.V., a Dutch affiliate […]

Brazil’s Vila Energia sells wind complex to France’s Total -executive

The French company has plans to grow in clean energy generation globally. It had previously bought three solar parks in Brazil, with a combined capacity to produce 140 megawatts. New Delhi: Brazilian energy company Vila Energia Renovavel said on Tuesday it sold 90 percent of wind power complex Terra Santa to France’s Total SA. Fernando Estevao de Meneses, a partner […]

Renewables investor Berkeley hires JP Morgan to review options: sources

LONDON: The founders of renewables energy investor Berkeley Energy have hired U.S. investment bank JP Morgan to evaluate options, including a sale, for the company’s investment funds, which could be worth around $500 million, banking sources said. Berkeley Energy invests in 30 energy projects across nine emerging markets via three renewables funds, two of which […]

Ellomay Capital Ltd. Announces the Execution of an Agreement to Sell 49% of Its Holdings in the Talasol Project to Two Partners

TEL AVIV, Israel: Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) (“Ellomay” or the “Company“), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that its wholly-owned subsidiary, Ellomay Luxembourg Holdings, S.à.r.l. (“Ellomay Luxembourg“), will sell 49% of the outstanding shares of Talasol Solar, S.L.U. (“Talasol“) to GSE 3 UK Limited […]

To fund SME sector, EFL to issue green masala bonds

This is India’s first green masala bonds issued by a private sector non-banking finance company, said Shilpa Pophale, MD, EFL. EFL has issued green masala bonds of $10 million to responsAbility-managed Global Climate Partnership Fund. A climate fund managed by Zurich-headquartered responsAbility and Indian NBFC Electronica Finance (EFL) have entered into an agreement for issuance […]

ENGIE and Tokyo Gas to establish renewables joint-venture company in Mexico

ENGIE and Tokyo Gas Co Ltd announced their intention to invest in Heolios EnTG, a 50/50 joint-venture company to develop renewable energy projects in Mexico. Heolios EnTG follows the successful and long-lasting relationship between Tokyo Gas and ENGIE which dates back to 1983. Heolios EnTG will develop, finance, construct, own, operate and maintain six renewable […]

Vestas to Acquire Stake in Wind and Solar Developer Sowitec

Wind turbine companies are increasingly engaging with solar and storage as they diversify into new corners of the power-generation market. Denmark’s Vestas, the world’s leading wind turbine supplier, is moving to acquire a stake in renewables project developer Sowitec — part of a trend of wind manufacturers diversifying to offer multi-technology solutions to customers around […]