Results for: solar

October 14 2014

Solar Power Inc. to Build 30-Megawatt Project in Inner Mongolia

Solar Power’s Xinyu Xinwei New Energy unit signed a construction agreement with Alxa League ZhiWei PV Power Co., the Roseville, California-based company said today in a statement. The project is expected to connect to the power grid by the end of March. Financial terms weren’t disclosed.

October 14 2014

Altus Gets $125 Million From Franklin Square for Solar Projects

Blackstone Group LP’s GSO Capital Partners LP advised on the financing, said Tom Athan, managing partner and co-founder of Altus. Including third-party tax equity and debt, the funding is enough for solar projects worth about $200 million.

October 13 2014

TenKsolar Receives $8 Million in Equity for Photovoltaic Systems

Two investors participated in the equity round, according to a filing with the U.S. Securities and Exchange Commission Oct. 10.

October 13 2014

Eletrosul to Borrow $34 Million for Brazil Wind and Solar Power

The company will borrow 11.3 million reais from the country’s research-financing agency Finep to develop wind and solar projects, the Florianopolis, Santa Catarina-based company said in a statement today. It’s borrowing an additional 70.1 million reais from the state development bank to expand transmission lines in the country’s south. Eletrosul officials didn’t immediately respond to e-mail and phone requests for comment.

October 13 2014

SunPower Supplying 41 Megawatts of Panels for Projects in France

La Compagnie du Vent, a unit of the French utility, is building three solar farms with 12 megawatts of capacity each and one with 5 megawatts, San Jose, California-based SunPower said today in a statement. Terms of the sale weren’t disclosed.

October 13 2014

Canadian Solar to Supply EDF With 24 Megawatts of Panels

The modules for the Catalina Solar 2 project in Kern County will be delivered in the first quarter, Guelph, Ontario-based Canadian Solar said today in a statement. Terms weren’t disclosed.

October 13 2014

John Laing Environmental Raises $80 Million for Clean Power Plan

The investor will use the so-called revolving credit facility to buy projects that include solar and wind power plants as well as waste and water processing facilities, it said today in an e-mailed statement. It will also be used for working capital requirements. The debt will be repaid through cash from its assets and future fund raisings, it said.

October 13 2014

Triodos Uses Vivienne Westwood Crowdfund Site for Windfarm Cash

Triodos started fundraising today with Trillion Fund, an Internet platform that seeks cash for wind and solar plants in the U.K., the unit of Dutch ethical lender Triodos Bank NV said in an e-mailed statement. People can invest as little as 50 pounds with the share price set a 2.28 pounds.

October 13 2014

India Faces Mounting Calls to Move Solar to Fixed Tariffs

“It may be time to move over to feed-in tariffs,” Sanjay Mandavkar, Yes Bank Ltd.’s senior president of corporate finance, said Oct. 10 by phone. “They offer stability,” making them more attractive to lenders.

October 10 2014

Buffett’s MidAmerican to Invest $280 Million in Iowa Wind

The MidAmerican Energy Co. unit will develop a new site in Adams County and expand another in O’Brien County next year, the Des Moines, Iowa-based company said today in a statement. Blades for 67 new turbines will be built at a Siemens AG plant in the state.