Renewable Energy Magazine-Solar newsletter

Boralex Acquires Controlling Interest in Seven US Solar Plants

Boralex has closed on the previously reported acquisition of the controlling interests in a portfolio of seven solar plants located in the United States, for a purchase price of $215.6 million after certain adjustments made as per the acquisition agreements.

Lightsource bp completes $380 million financing, begins construction on 316 MW of solar in Texas

Lightsource bp has successfully closed on a $380 million financing package and mobilised construction on its Elm Branch and Briar Creek solar projects in Texas, both located about 40 miles south of Dallas.

Chile
170 MW Sonnedix Atacama solar farm starts operations

Global solar independent power producer Sonnedix has completed the construction of its largest solar PV plants to date, forming the the 170 MW Sonendix Atacama project, located in the Atacama Desert, in Chile.

Roxbox Containers launches line of 100 percent off-grid solar infrastructure containers

Colorado company Roxbox Containers has launched a line of 100 percent off-grid solar infrastructure containers with Australian partners, Black Stump Technologies.

Duke Energy to Sell 19.9% of Subsidiary to Singapore Company

 Duke Energy and GIC have announced they have entered into a definitive agreement for acquisition of a 19.9% interest in Duke Energy Indiana (DEI), a subsidiary of Duke Energy, by an affiliate of GIC Private Limited, Singapore’s sovereign wealth fund. Duke Energy also announced its 2021 adjusted earnings per share (EPS) guidance range of $5.00 to $5.30. The transaction with GIC bolsters the company’s growth potential and supports its increased long-term adjusted EPS growth rate of 5 to 7% through 2025, based off of a 2021 adjusted EPS midpoint of $5.15. This is up from the previously stated 4 to 6% rate.

PV Operations Europe 2021