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Meyer Burger Technology AG (SWX: MBTN) on Friday unveiled the terms for a share issue in which the Swiss solar module producer is seeking CHF 250 million (USD 252.21 m/EUR 251.28 m) in gross proceeds to finance the expansion of its annual production capacity to regarding 3 GW.

GTC's 10 "medium maturity" projects have actually safeguarded land exclusivity legal rights and demonstrated feasibility

The L&G NTR Clean Power (Europe) Fund managed by Legal & General Investment Management (LGIM) and also Dublin-based renewables investor NTR has acquired 3 pre-operational solar projects with a combined capacity of 115 MWp in Spain, it was announced today.

Power Capital Renewable Energy (PCRE) has actually clinched a deal that will provide it with as much as EUR 240 million (USD 259.9 m) in equity to bankroll the construction of a 1.2-GW solar project portfolio with targeted commissioning by 2025.

Greenbacker Renewable Energy Company LLC has gotten a 16.3-MW direct current (DC) portfolio of roof solar photovoltaic (PV) plants in Massachusetts for a concealed sum.

German private bank Berenberg said today that it is purchasing 128 MWp of solar power in Chile and also Italy alongside two companions.

Renewables developer Kibo Energy Plc (LON: KIBO; JSE: KBO) has consented to get a 100-MW solar project in Zimbabwe from Broomfield International Ltd for GBP 10 million (USD 13.2 m/EUR 12m) in stock.

India's Torrent Power Ltd (BOM:532779) has actually shut the purchase of a special objective vehicle (SPV) that holds a 50-MW solar power plant in the state of Maharashtra in an offer worth INR 3 billion (USD 39.4 m/EUR 35.7 m).

Project expected to be commissioned in the 3rd quarter of this year

Lithuanian photovoltaic panel maker Solitek will certainly invest virtually EUR 50 million (USD 53.9 m) to set up a solar module manufacturing facility in Italy, it said on Monday.

CleanMax, an Asian renewables programmer for commercial and also commercial (C&I) customers, has refinanced its roof solar portfolio in the United Arab Emirates (UAE), with a lasting credit facility from the National Bank of Fujairah (NBF).

German rooftop solar rental firm DZ4 has actually protected EUR 55 million (USD 60.58 m) in financing to scale its business across the nation and also include new products to its offering.

German monocrystalline wafers manufacturer NexWafe GmbH has actually raised EUR 30 million (USD 32.2 m) to quicken the building of a commercial-scale center for green solar wafers in Bitterfeld, Germany.

Munich, Germany-based Sono Motors GmbH has actually submitted an application for supposed protective guard process-- an unique remedy under German insolvency law developed to speed up the submission of an insolvency plan to swiftly restructure a company.

According to SIRC’s announcement, it has secured a $2.7m financing to close acquisitions of two new companies.