China Ming Yang Wind Power has announced that its 6.0MW Super Compact Drive wind turbine generator has won the silver award of the Best Offshore Wind Turbines in the Windpower Monthly Turbines of the Year Awards 2014.- The South Africa Department of Energy (DOE) has awarded a preferred bidder status for a 100 megawatt (MW) Concentrating Solar Power (CSP) project to a consortium led by SolarReserve, and International Company for Water and Power Projects (ACWA Power), the Saudi water and power developer, owner and operator. The project was developed in response to the DOE’s Round 3 (CSP) Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The Redstone Solar Thermal Power project, with the lowest tariff bid to date from any CSP project in the country, is scheduled to achieve financial close later in 2015 and commence operations in early 2018.
- Sunrun and Investec Inc. and Investec Bank plc have announced the close of $195 million of senior credit facilities to support the growth of Sunrun’s residential solar business. Sunrun will use the funds to help more Americans install high quality solar systems on their homes and reduce their electricity costs. This is Sunrun’s first syndicated financing and signifies a new source of capital for the company.
- Blattner Energy has joined the board of directors for the Solar Energy Industries Association (SEIA). A premier EPC contractor in renewable energy construction, Blattner Energy has more than a century of experience leveraging new technologies and applying core competencies in emerging markets.
