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REDEN Solar completes the refinancing of its French Solar PV assets for € 270m

Roquefort, France: REDEN Solar, a leading solar IPP from France, announced today that it completed a refinancing operation for the majority of its French assets, successfully raising a total of €270 million. This operation, co-managed by Vanessa Bodson, Head of Financing at REDEN Solar, is structured as a 17-year non-recourse financing arranged by Société Générale and […]

ReneSola Secures Additional Financing from Sequoia Economic Infrastructure Income Fund for 55MW of Projects in Poland

SHANGHAI: ReneSola Ltd (“ReneSola” or the “Company”) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer and operator, today announced today that Sequoia Economic Infrastructure Income Fund (“Sequoia”) had agreed to extend senior debt facility to 36 million euro for ReneSola’s 55MW of projects in Poland, each with a capacity of 1MW. In December […]

Most EU countries set to miss 2020 carbon emission reduction targets: report

Not a single EU country is performing sufficiently in terms of ambition and progress in reducing carbon emissions, according to the latest report Off Target. Published by Climate Action Network (CAN) Europe, the report ranked EU countries’ ambition and progress in fighting climate change. The report has been critical on countries such as Belgium, Denmark, Germany and the UK, explaining that are no […]