News

SunEdison Terminates Stake Purchase from Renova Energia

published: 2015-12-03 16:53
SunEdison, a renewable energy company, announced to cancel the securities purchase agreement with Light S.A. to acquire an approximate 16% stake in Brazil-based company Renova for $250 million. This is the second time SunEdison su...  more

PG&E Presents Innovative Energy Storage Agreements

published: 2015-12-03 16:04
Pacific Gas and Electric Company (PG&E) this week expanded its commitment to clean energy by presenting its first 75MW of energy storage contracts to the California Public Utilities Commission for review and approval. Californ...  more

Tri Global Energy Starts Running Solar Business

published: 2015-12-03 15:42
Tri Global Energy extended its renewable energy business from utility-scale wind energy projects to solar portfolios by forming the TGE Solar business unit after acquiring K12Solar, a California-based provider of roof-top solar ph...  more

First Reserve to Build a 130MW Wind Farm in Mexico

published: 2015-12-03 14:09
First Reserve, a global private equity and infrastructure investment firm exclusively focused on energy, formed a partnership with Mexico Power Group (MPG) to build the 130MW La Bufa wind farm in Zacatecas, Mexico. Upon completion...  more

African Union Presents $20 Billion Renewable Energy Plan

published: 2015-12-03 14:01
The African Union, an alliance of 54 countries, plans to spend $20 billion on 10GW renewable energy development on the continent by the end of the decade. The African Union’s membership includes almost all countries on the contine...  more

TSMC to Sell 6% of Motech Shares

published: 2015-12-02 18:28
After Taiwan Semiconductor Manufacturing Company (TSMC) announced to end its solar business, the company plans to sell 29.16 million common shares of Motech, or approximately 6% of the solar cell maker's paid-in-capital. It intend...  more