Watson Farley & Williams (“WFW”) has advised REEF Development Ltd (“REEF”) on its acquisition of a 49.99 MW photovoltaic plant in Extremadura, Spain, from Viridi RE Development GmbH. The transaction was signed on 7 May 2020. Acting as transaction advisors, WFW carried out the due diligence process, the drafting and…
Madrid, Spain – 12 May 2020: The 700MW concentrating solar power (CSP) plant being built for the Dubai Electricity and Water Authority (DEWA) by a consortium between DEWA and ACWA Power called NoorEnergy 1 is progressing with construction despite COVID-19 disruption, the owner’s engineer Worley has said today. Contractors from…
SOLARWATT, the leading German manufacturer of complete photovoltaic systems, closed the first quarter with the strongest result in company history. From January to March 2020, the company increased sales by 60 percent compared to the same period last year. Incoming orders in the first quarter of the year increased by…
The solar and wind power funds of Commerz Real generated 2,512 gigawatt hours (GWh) of electricity in 2019. This is about 3.5 times as much as in the previous year (704 GWh) and corresponds to the average annual consumption of some 807,000 private German households, based on the figures from…
Neuzeug, Austria, 06.04.2020. The engineers at the Princess Elisabeth research station in Antarctica installed five power controllers from my-PV at the end of March. With the Austrian company’s power managers, the research team will be able to use its surplus solar power in future to heat water, rooms and large…
Anglian Water is set to further enhance their renewable energy portfolio this week with start of the latest installation of solar energy at one of their key operational sites based in Huntingdonshire. Grafham Water uses approximately 45 million kilowatt hours of energy a year to supply clean water across the…
Global law firm Norton Rose Fulbright has advised juwi AG and juwi Hellas S.A. on the sale and contracting of Project Kozani, a 204.3 MWp solar photovoltaic power project developed close to the city of Kozani in north-western Greece, to HELPE Renewables, a company of the Hellenic Petroleum group. A flagship…
London, 13 February 2020: Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, has acquired and achieved financial close for the 102 MW Midlands solar PV project in Calhoun County, South Carolina, USA. Midlands benefits from a 20 year PPA with Dominion. The project is the third…
London, 5 February 2020: Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, has acquired Arenales Solar PS, S.L., the owner of a 50 MW operational concentrated solar power (CSP) plant, from Pan- European Infrastructure Fund, managed by DWS, a global infrastructure asset manager. The Arenales project…
Global law firm Norton Rose Fulbright has advised on an industry-first approach to streamline development and finance processes for solar PV projects. ‘Open Solar Contracts’, a collaboration between the International Renewable Energy Agency (IRENA) and The Terrawatt Initiative (TWI), provides freely available ‘open source’ standardised contract documentation, designed to simplify…
