DSM acquires Chinese backsheet manufacturer Sunshine
The Dutch science-based company has announced plans to expand its product portfolio for solar, with the acquisition of China based Suzhou SunShine New Materials Technology (Sunshine), a manufacturer of PV backsheets.
Japanese venture snaps up 10% of ReNew Power for $200 million
Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
BREAKING: SolarCity brand to disappear
Along with changing its name from Tesla Motors to Tesla Inc. the electric vehicle and battery maker will eliminate the SolarCity brand.
SoftBank unit to complete 43.4 MW of PV
SB Energy — the renewables development unit of Japanese telecoms giant SoftBank — will connect the project to the grid from the start of February with partner Mitsui & Co.
PariGroup signs declaration of intent to take over Renusol in Europe
A declaration of intent has been signed by both parties. Renusol is set to be passed on as a brand and product to Parigroup, which already has a good working relationship with the PV assembly company.
ReneSola enters partnership with China Resources Leasing worth US$145 million annually
Chinese fully-integrated solar developer ReneSolar has signed the partnership with the significant holding company that would see China Resources Leasing provide it with an annual credit facility no smaller than RMB 1 billion (US$ 145.8 million) to expand its downstream project development.
Enel acquires U.S. storage company Demand Energy
Through its subsidiary Enel Green Power North America, Italian multinational the Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
NexTracker to supply 30 MW project in Tamil Nadu
U.S. tracker manufacturer NexTracker announced this week that it will partner with project developers CleanMax Solar to supply 30 MW of its NX Horizon single axis trackers to a project in Tamil Nadu, India.
Sunrun partners with National Grid to spread solar
The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.
Unmanned Mayflower solar trimaran aims to cross Atlantic
The Mayflower Autoship is being developed to sail under solar power from Plymouth, Devon to Plymouth, Massachusetts in 2020 to celebrate the 400th anniversary of the pilgrims journey aboard the original Mayflower in 1620. This would be the first Atlantic crossing by an unmanned solar vessel.
