Category: News

December 8 2014

Takara Leben Developing 15MW Solar Plant on Former Golf Course

The 15-megawatt plant is under construction on the former golf course in Tochigi prefecture, Takara Leben said in a joint statement with Solar Frontier K.K. and Hitachi Zosen Corp. today.

December 8 2014

Obama Proposes Expanding China Solar-Cell Levy to New Suppliers

The plan calls for the U.S. Commerce Department to impose tariffs on all solar panels assembled in China, regardless of the source of their component cells. Currently, $1.5 billion worth of panels with cells made in China are subject to a duty, and many companies shifted production of the cells to other nations in response.

December 8 2014

Renova Receives $268 Million Loan From Brazil Development Bank

The funds will be used for phase A of the Sertao III wind project, the Sao Paulo-based company said in a regulatory filing today. Phase A includes 411 megawatts of the total 734 megawatts of installed capacity planned for the complex.

December 8 2014

Capital Power Buys Element Power to Add U.S. Wind, Solar Sites

Capital Power agreed to pay $69 million, including $52 million in assumed project financing debt, and will add 10 wind-and four solar-power sites with the acquisition, the Edmonton, Alberta-based company said in a statement Dec. 4. The deal is expected to close by the end of the year.

December 8 2014

JA Solar Supplies 100 Megawatts of Panels for Pakistan Project

The panels will be used at the Quaid-e-Azam solar park in Punjab province, the Shanghai-based company said in a statement today. Terms weren’t disclosed.

December 5 2014

Aqua America Expanding Indiana Services With Public-Private Deal

The Bryn Mawr, Pennsylvania-based company also said it’s completed the sale of drinking-water assets to Fort Wayne for $67 million, according to an e-mailed statement. The utility said the sale by its Indiana subsidiary provides Aqua America with $50.1 million in cash to invest in infrastructure, with the gain on the sale to be reported in fourth-quarter results.

December 5 2014

Innovative Solar Systems Planning Merger, IPO in 2015, CEO Says

The solar provider, based in Asheville, North Carolina, plans to combine with another firm and go public to further accelerate growth, Chief Executive Officer John Green said today in a phone interview. He declined to elaborate on potential partners or expansion plans.

December 5 2014

Obama Harvard Law Professor Tribe Calls Key EPA Rule ‘Overreach’

Tribe, who submitted joint comments to the Environmental Protection Agency with coal producer Peabody Energy Corp., said the agency should withdraw its plan to cut emissions from power plants because it reverses decades of federal support for coal.

December 5 2014

Petrobras, Eletrobras Win $1.23 Billion Contracts to Sell Power

The two state-run companies will receive 3.2 billion reais ($1.23 billion) under the three-year contracts, the Sao Paulo-based electricity trading board CCEE said today on its website.

December 5 2014

Abengoa Gets $90.1 Million Financing for Uruguay Wind Farm

The loan for the 50-megawatt Talas de Maciel plant in the Flores region will be provided by development lender Corp. Andina de Fomento and Norwegian bank DNB ASA, Abengoa said in a statement today. It has allowed the company to repay a $60 million bridge loan for the project early. No more details were available.