Abengoa an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has declared the price of its capital increase of class B shares totaling €450 million, initially announced on October 7, 2013. The company has also granted an option to the underwriters of the Offering (greenshoe) to purchase up to €67.5 million in additional shares over the next 30 days, meaning that the final amount of the capital increase could reach €517.5 million.- Canadian Solar has announced that its subsidiary, Canadian Solar Solutions, has begun construction of the 100 MWac Grand Renewable Solar Project utility-scale solar farm. The Grand Renewable Solar Project is Canada’s largest photovoltaic project, and is being financed by Connor Clark & Lunn Infrastructure and developed by Samsung Renewable Energy. The solar power plant is expected to be fully operational in 2015. The 100 MWac utility-scale solar power plant, which is located in the Haldimand County, will include approximately 440,000 Canadian Solar CS6X high performance modules.
- The Broward County Commission (Broward County, Florida) unanimously voted to move forward with an innovative “open market” approach to financing for residential and commercial energy retrofits for its more than 1.8 million county residents. The Property Assessed Clean Energy (PACE) program adopted by the County lets property owners voluntarily and cost-effectively fund energy-saving retrofits of their homes and businesses. Financing is available for solar panels, LED lighting, HVAC and wind-resistance improvements. Interest rates are competitive because repayment is collected as an assessment on the owners’ property tax bill.
- The producers of the In View series, an educational series distributed on numerous cable TV outlets, including on the Discovery Channel, have announced plans to highlight some of the improvements and innovations that have made renewable energy more practical and cost-effective and are looking for inspirational stories.
