Allianz Capital Partners on behalf of Allianz insurance companies has closed today the acquisition of the 46 MW Ourika project (“Ourika”) in Portugal. The solar farm is fully operational and has been developed by the WElink Group (“WElink”).
After looking for potential investors for several weeks, SolarWorld Industries has attracted more than a dozen interested parties in a structured and global M&A process. Dr. Christoph Niering, provisional insolvency administrator of SolarWorld Industries, welcomes investor interest: " The great response is a very good sign."
Trina Solar Ltd. announced that it has successfully acquired a majority stake in Spain-based Nclave Renewable S.L. This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar's strategic transformation from a leading PV product supplier to a global smart PV solution provider. The acquisition also marks another solid step towards Trina Solar's strategic transformation into an enterprise focused on the development of alternative and renewable energy solutions that work in concert with the Internet of Things ecosystem.
ENcome Energy Performance GmbH and Green Services Group have announced to merge their French O&M operations. Both partners will transfer their O&M activities and particularly the O&M business of KBE Energy, one of Green Services Group affiliates to the new joint venture company ENcome Energy Performance France SAS. Thereby ENcome France becomes one of the leading O&M providers in France with an O&M portfolio of approx. 150 MW.
Kyocera TCL Solar LLC has constructed a 29.2 MW utility-scale solar power plant in Yonago City, Tottori Prefecture, Japan. The company’s largest solar power plant was installed on 1.2 km2 of land originally designated for a golf course and other purposes but subsequently abandoned.
As part of the optimisation programme regarding the Thun manufacturing site and the company’s product portfolio which was communicated on 2 November 2017, Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that it will transfer its Solar Systems business (“Energy Systems”) and the 32 impacted employees to 3S Solar Plus AG, a company which will be newly created and which has been sold to Dr Patrick Hofer-Noser.
A new three-year partnership between two of the United States’ largest players in solar energy, Array Technologies and sPower, was announced at the GTM Solar Summit in southern California.
Photovoltaic Feed