The Met-Ed/Penelec Sustainable Energy Fund, which is managed by the Community Foundation for the Alleghenies and the Berks County Community Foundation, will distribute a total of nearly $200,000 in funding ranging from $2,000 to $50,000, depending on the scope of the projects.
Grant funding is prioritized for nonprofits, but commercial and industrial organizations also may apply. Individuals are not eligible to apply. Eligible applicants must be located in and/or serve residents in territory served by Met-Ed or Penelec in Pennsylvania.
(Source: Community Foundation for the Alleghenies, Tribune-Democrat, Johnstown, Penna., 14 Jan., 2020)
Contact: Met-Ed/Penelec Sustainable Energy Fund, www.metedpenelecsef.org; Community Foundation for the Alleghenies, 814-536-7741, www.cfalleghenies.org
More Low-Carbon Energy News Energy Efficiency, Energy Eficiency Funding, Energy Efficiency Grants,
The WindFloat Atlantic project was partially funded with a €60 million loan from the European Investment Bank (EIB.)(Source: Windplus, WindFloat Atlantic, gtm, 2 Jan., 2019) Contact: EDP Renewables, www.edpr.com, www.edp.com/en/windfloat; Repsol, www.repsol.com; Windplus, Dr. Carsten Meyer, 0421 897 660 0, firstname.lastname@example.org, www.windplus.de; EIB, www.eib.org
More Low-Carbon Energy News EDP Renewables, Repsol, EIB, Windfloat Atlantic, Floating Wind, Offshore Wind,
EDP Renewables North America commissioned its first two solar parks in California in January 2015, subsequently adding three solar parks in South Carolina to its operational portfolio.
Houston-headquartered ConnectGen develops renewable energy and energy storage projects across North America. The company is backed by Quantum Energy Partners, a provider of private equity capital to the global energy industry.
(Source: EDP Renewables, First Solar, Printed Electronics, 30 Dec., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.com; First Solar, Kathryn Arbeit, VP, Project Dev., David Brady, Inv. Rel., (602) 414-9315, email@example.com, www.firstsolar.com; ConnectGEN LLC, (346) 998-2020, www.connectgenllc.com
More Low-Carbon Energy News EDP Renewables , Solar, First Solar, ConnectGen ,
The approval withdrawal was based on the wind farm's possible irreversible harm to endangered bat populations in the area. EDP Renewables Canada Ltd. is the owner and operator of the project. (Source: Electrical Business, 13 Dec., 2019) Contact: Nation Rise Wind Farm, 416.479.9736, firstname.lastname@example.org, www.nationrisewindfarm.com; EDP Renewables Canada, www.edpr.com › edpr-canada; Ontario Minister of Environment, Conservation and Parks, www.ontario.ca › page › ministry-environment-conservation-parks
More Low-Carbon Energy News Wind, EDP Renewables Canada ,
As previously reported, KFWind inked a MoU with the City of Ulsan to cooperate on the development of floating wind projects and support the Ulsan region as a manufacturing hub for domestic and export offshore wind markets.
South Korea is targeting 13 GW of offshore wind installed by 2030, and 30 pct or more renewable energy by 2040. (Source:
WindPower Korea, EDP Renewables, Aker Solutions 25 Nov., 2019)Contact: WindPower Korea, +82-2-584-5326, email@example.com, www.windpowerkorea.com; Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, firstname.lastname@example.org, www.akersolutions.com; EDP Renewables, +351 21 001 25 00, www.edpr.com
More Low-Carbon Energy News Floating Wind, Offshore Wind, WindPower Korea, EDP Renewables, Aker Solutions ,
The project, a partnership between French utility Engie and EDP Renewables, will incorporate three V164-10.0 MW turbines mounted on WindFloat semi-submersible floating platforms from by Principle Power. (Source: MHI Vestas, Various Media, 18 Nov., 2019) Contact: MHI Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, email@example.com, www.vestas.com; EDP Renewables, +351 21 001 25 00, www.edpr.com
More Low-Carbon Energy News Floating Wind, Engie, MHI Vestas Offshore Wind, Engie, EDP Renewables,
The first portfolio of three solar energy plants developed by Tempe, Arizona-based First Solar Inc. is expected to commence operations in the coming months and is secured by Power Purchase Agreements. The second announcement involves an agreement to supply 804 MW of clean and renewable offshore wind energy enough to power approximately half a million homes to customers in Massachusetts.
(Source : EDPR, Strategic Research Institute, SteelGuru, 12 Nov., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.co; First Solar, Kathryn Arbeit, VP, Project Dev., David Brady, Inv. Rel., (602) 414-9315, firstname.lastname@example.org, www.firstsolar.com
More Low-Carbon Energy News EDP Renewables , Solar, First Solar ,
The wind turbine has been developed by ABS Group and is the first of three ABS-classed, SEMI Submersible Type units that will make up for a total of 25 MWs of floating offshore wind power.
(Source: Principle Power, Smart Energy, 5 Nov., 2019)
Contact: EDP Renovaveis, www.edpr.com, www.edp.com/en/windfloat; Repsol, www.repsol.com; Windplus, Dr. Carsten Meyer, 0421 897 660 0, email@example.com, www.windplus.de; ABS, Christopher J. Wiernicki, CEO, www.abs-group.com; Principle Power, (510) 280- 5180, www.principlepowerinc.com
More Low-Carbon Energy News Principle Power, ABS Group, Windplus, Repsol, Windfloat Atlantic, Floating Wind, Offshore Wind,
The project is expected to come online in 2025 and to eliminate 1.7 million metric tpy of CO2 emissions -- the equivalent of taking 350,000 cars off the road.
Shell New Energies and EDPR reportedly
have over 18,000 U.S. employees between them, a supply chain of more than 5,000 U.S. companies, $400 billion in market capitalization, experience operating 6,300 mw of onshore wind in the U.S. and ongoing development and construction of 2,700 mw of offshore wind projects in France, the Netherlands, Portugal and Scotland that are anticipated to be operational between now and 2023. (Source: Mayflower Wind, Composites World, 1 Nov, 2019) Contact: Mayflower Wind, John Hartnett, Pres., 508-589-3557, firstname.lastname@example.org, www.mayflowerwind.com; Shell New Energies US, www.shell.com/energy-and-innovation/new-energies.html; EDPR Offshore North America, www.edpr.com
More Low-Carbon Energy News Mayflower Wind Energy, Offshore Wind, ,
The South Korean Government is calling for 13 GW of offshore wind to be installed by 2030 and set a target of at least 30 pct renewable energy by 2040.
The Ulsan area is considered well-suited for commercializing floating wind, due to the combination of industry-leading shipyards, maritime expertise and port facilities in the region.
(Source: WindPower Korea, EDPR Renewables, Aker Solutions, reve, 189 Oct., 2019) Contact: WindPower Korea, +82-2-584-5326, email@example.com, www.windpowerkorea.com; Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, firstname.lastname@example.org, www.akersolutions.com; EDP Renewables, +351 21 001 25 00, www.edpr.com
More Low-Carbon Energy News Floating Wind, Offshore Wind, Aker Solutions, EDPR,
One proposal is for a 408-mw wind project and the other is a 804-mw wind farm. Both would have an expected 20-year life span.
Both Netherlands-based Shell and
Portugal-based EDP have North American renewable operations based in Houston. (Source: Mayflower Wind, EDP, Shell, Chronicle, 1 Oct., 2019)Contact: Mayflower Wind, www.mayflowerwind.com
More Low-Carbon Energy News Offshore Wind, Mayflower Wind, Shell, EDP,
Attending utilities received further clarification on how approximately 80 products have been PRIME certified by laboratory members, such as DNV-GL and Tecnalia.
PRIME represents a public, open and non-proprietary telecommunications architecture which supports present and future AMM functionalities and enables the building of the electricity networks of the future, or smart grids.
PRIME aims to establish a complete set of international standards which will allow for full interoperability among equipment and systems from different providers. Thus, competition in the metering market will benefit utilities and its customers.
The components of PRIME architecture (modulation and coding techniques, protocols, data formats etc.) are not subject to any Intellectual Property Rights. Specifications are comprehensive and detailed enough so that any new entrant will be able to provide interoperable solutions to the market, according to the PRIME website.
(Source: PRIME Alliance, PR, 19 Sept., 2019) Contact: PRIME Alliance, email@example.com, www.prime-alliance.org
More Low-Carbon Energy News PRIME Alliance, Smart Meter, Energy Management, Energy Efficiency,
The two PPAs together account for 100 pct of the facility's power and storage capacity.(Source: EDP Renewables North America, PR, ReNEWS, Aug., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.com; East Bay Community Energy, 833-699-3223, www.ebce.org
More Low-Carbon Energy News EDP Renewables North America ,
The project belongs to the Bremen, Germany-based Windplus consortium, which is jointly owned by EDP Renovaveis with 54.4 pct, ENGIE with 24 pct and Repsol at 19.4 pct and Principle Power Inc. with the balance. The project will incorporate 3 Vestas turbines to collectively deliver an installed capacity of 25 MW -- sufficient power for 60,000 homes in one year. (Source: Windfloat Atlantic, reve, 18 July, 2019)
Contact: EDP Renovaveis, www.edpr.com, www.edp.com/en/windfloat; Repsol, www.repsol.com; Windplus, Dr. Carsten Meyer,
0421 897 660 0, firstname.lastname@example.org, www.windplus.de
More Low-Carbon Energy News Windplus, Repsol, Windfloat Atlantic, Floating Wind, Offshore Wind,
As one of 19 community choice aggregation programs operating in California, EBCE will provide clean energy at competitive rates and will reinvest earnings back into the community. (Source: East Bay Community Energy, NA Windpower, 24 June, 2019) Contact: East Bay Community Energy, 833-699-3223, www.ebce.org
More Low-Carbon Energy News Wind, Community Wind, Community Solar,
Houston-based EDP Renewables North America (EDP) Bright Stalk is expected to cost $348 million and generate up to $2.6 million in local taxes annually.
Invenergy's MCWEC project is expected to incorporate between 90 and 100 turbines totaling 250 MW at a cost of approx. $300 million. (Source: Invenergy, Pantagraph, 3 May, 2019) Contact: Invenergy, (309) 365-2777, email@example.com, www.mcleancountywind.invenergyllc.com; Brightstalk Wind Farm, (800) 557-5183, updates.brightstalkwindfarm.com, firstname.lastname@example.org
More Low-Carbon Energy News Wind, EDP, Invergy,
Redpative offers energy efficiency as a service, covering all the upfront costs. The company designs the project, pays for the equipment and construction, maintains the equipment and monitors the building's systems to verify the energy savings which, according to the ACEEE can save up to 25 pct in energy costs.
The company presently manages over 1,300 sites, covering more than 100 million square-feet of commercial and industrial facilities in 44 states, according to the company.
(Source: Redaptive, Denver Post, 29 April, 2019) Contact: Redaptive, (415) 413-0445, www.redaptive.com
More Low-Carbon Energy News Redaptive, Energy Efficiency,
Construction of the 125 MW project is expected to get underway in Q2 for commissioning and startup in Q4 of this year. The project is expected to generate sufficient power for 125,000 homes.
(Source: Ohio Power Siting Board, Kallanish, 28 Feb., 2019) Contact: Ohio Power Siting Board. (866) 270-6772, www.opsb.ohio.gov; EDP Renewables North America, www.edprnorthamerica.com
More Low-Carbon Energy News Wind, EDP Renewables,
To that end, Vesta's will train Marand's Australian workers on its turbine production lines in Denmark before the Geelong plant begins production of Vesta's 4.2 MW turbines for the Dundonnell Wind Farm and Berrybank Wind Farm projects in Victoria.
Eighty turbines are planned for Dundonnell and 43 machines for Berrybank. Vestas has committed to local assembly of 100 hubs and 50 drivetrains -- including bedplate, gearbox, driveshaft and generator.
(Source: Vestas, ecogeneration, 14 Feb., 2019) Contact:
Marand Precision Engineering, +61 3 8552 0600, www.marand.com.au; Vestas, Peter Cowling Clive, NZ and Australia Country Head, +45 9730 0000, www.vestas.com
More Low-Carbon Energy News Vestas, Wind, Australia Wind,
The sale includes the: 200MW Meadow Lake 6 facility in Indiana and;and the 100MW Nation Rise project due online in Q4 of this year in Canada. EPDR completed the sale of 75 pct of Nation Rise with the other 5 pct to be sold when the project starts operations. (Source: EDPR Renewables, renews.biz,
2 Jan., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.com; Axium Infrastructure, Anne-Sophie Roy, (514) 954-3781, email@example.com, www.axiuminfra.com
More Low-Carbon Energy News Axium Infrastructure, EDPR, Wind,
The Tesla battery system, reportedly be the largest lithium-ion battery storage project ever built in Colorado, will store sufficient power for power 600-700 homes and help United Power save approximately $1 million in annual operational costs. (Source: United Power, Smart Energy, 2 Jan., 2019) Contact: United Power, Jerry Marizza, Bus. Dev., (303)637-1300, www.unitedpower.com;
Engie North America, Luis Felipe Birolini, VP Bus. Dev., (713) 636-0000, firstname.lastname@example.org, www.engie-na.com; Tesla, www.tesla.com/en_CA/powerpack
More Low-Carbon Energy News Engie North America, United Power, Tesla, Battery Energy Storage ,
DNV GL's technical due diligence reportedly helped secure the €60 million from the European Investment Bank so the project could become the world's first project-financed floating wind farm.
The project is being developed by Windplus and will incorporate three 8.4-MW MHI Vestas turbines, the largest and most powerful wind turbines ever installed on a floating foundation platform.
Windplus is a subsidiary of EDP Renewables, Repsol and Principle Power.(Source: DNG GL, Windpower Eng., 7 Nov., 2019)Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus; EDP Renovaveis, www.edpr.com;
DNV GL, Liv Hovem, CEO, +47 6757 9900, www.dnvgl.com
More Low-Carbon Energy News Windplus, DNV GL, Floating Wind, Offshore Wind, ,
The Walmart-EDP agreement includes three EDP Renewables developed, owned and operated wind farms in the states of Illinois and Indiana. The deal didn't specify how the electricity will be distributed or whether the power will go directly toward local Walmart or other facilities.
Walmart also recently announced an agreement with San Jose, California-based SunPower for the installation of both rooftop and ground-mounted solar systems at 19 Walmart stores and two distribution centers in Illinois, all of which are expected to begin construction early in the new year.
(Source: Walmart, Triple Pundit, 30 Oct., 2018) Contact: Walmart,
Mark Vanderhelm, VP Energy, http://corporate.walmart.com; EDP Renewables North America, Miguel Prado, CEO, (713)265-0350 - Houston, +351 21 001 25 00, www.edpr.com; SunPower Corp., Thomas H. Werner, CEO, (408) 240-5500, www.sunpower.com
More Low-Carbon Energy News SunPower, Walmart, EDP Renewables, Solar, Renewable Energy, Wind,
The project will also be supported by the InnovFin Energy Demonstration Project facility, which is funded under the EU's Horizon 2020 research and innovation programme , and an additional €29.9 million from the EU NER300 programme, plus up to €6 million from the Government of Portugal, through the Portuguese Carbon Fund.
Until 2020, "InnovFin -- EU Finance for Innovators" offers a range of tailored products which will make available financing in support of research and innovation (R&I) by small, medium-sized and large companies and the promoters of research infrastructures.
(Source: European Investment Bank, EDP Renewables, 19 October, 2018) Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus;
EDP Renovaveis, www.edpr.com
More Low-Carbon Energy News European Investment Bank, Wind, EDP Renovaveis, Repsol, Windplus S.A,
EDP Renewables, the world's fourth-largest wind energy producer, is presently active in Belgium, Brazil, Canada, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK, and the US.
In 2017, the company generated 27.6 TWh through facilities with a combined installed capacity of 11 GW in 11 countries. (Source: EDP Renewables, Balkan Green Energy News, 1 Oct., 2018) Contact: EDP Renewables, www.edpr.com/en
More Low-Carbon Energy News EDP Renewables, Wind, Energy Storage,
Brazil aims to increase its installed clean-energy capacity by 19 gigawatts by 2026.
Siemens-Gamesa presently has 2.7 GW of turbines installed in Brazil and 83 gigawatts installed globally. (Source: Siemens Gamesa Renewable Energy, Bloomberg, Others, Jan 07 2018)
Contact: SiemensGamesa Renewable Energy, www.siemensgamesa.com/en
More Low-Carbon Energy News Siemens Gamesa Renewable Energy,
All of the 7 projects, which are located in Indiana, Oklahoma, Wisconsin and Ohio respectively, have long-term PPAs in place.
(Source: EDP Renewables North America, 2 Jan., 2018) Contact: EDP Renewables North America, (713)265-0350 - Houston, +351 21 001 25 00, www.edpr.com
More Low-Carbon Energy News EDP Renewables North America, Renewable Energy,
The winning bids came from Edmonton-based Capital Power with a 201-MW project, Madrid-based EDP Renewables with a 248-MW project and Enel Green Power Canada, a division of a Rome-based global power company, with projects of 115 MW and 31 MW.
The province will subsidize the plants if the power price falls below the bid price --if the price is higher, the difference will be paid to the province. (Source: CTV News, Canada Press, 13 Dec., 2017) Contact: Capital Power, www.capitalpower.com;
Enel Green Power NA, Connor Branch, Bus. Dev., (978) 681-1900, www.enelgreenpower.com;
EDF Renewables, www.edf-er.com
More Low-Carbon Energy News Wind, Alberta Wind, Enel Green Power, EDF Renewables,
The agreement is slated to begin in 2018 and features a competitive fixed price for gas.
Contracted quantities will be lower in the contract's early years to allow for Methanex's pre-existing natural gas forward purchase contracts, and will increase to roughly 50,000 MMBtu/d -- approximately 80 pct -90 pct -- of the plant's gas requirements from 2023, according to a Metrhanex statement.
(Source: Methanex, SP Global, 9 Nov., 2017) Contact: Methanex, John Floren, Pres., CEO, (604) 661 2600, www.methanex.com; Painted Pony Energy, (403) 475-0440, www.paintedpony.ca
More Low-Carbon Energy News Methanex, Methanol,
One of the two projects will be erected in Maunça near Leiria, and the other will be sited in Vigia , near Viseu. (Source: EDP Renovaveis, Portugal News Online, 6 Nov., 2017) Contact: EDP Renovaveis, www.edpr.com
More Low-Carbon Energy News EDP Renovaveis, Wind,
In a recent UK government auction that handed out power-purchase contracts worth $232 million a year, all of the bids to build offshore wind farms and other renewable technologies were below the $122 per MWh. Auction winners included DONG Energy A/S, with an offer of $76 per MWh for power from its Hornsea 2 offshore wind farm, followed by EDP Renovaveis SA and Engie SA.
The contracts-for-difference auction was for "less-established technologies" such as offshore wind, tidal and anaerobic digestion. The power-purchase agreements are fixed for 15 years.
The offshore wind industry has seen its costs plunge as the capacity of its turbines doubled since 2007. It’s set to double again by 2020, driving down costs further, according to Greenpeace. (Source: Financial Review (Iran), 12 Sept., 2017)
More Low-Carbon Energy News Offshore Wind, UK Offshore Wind,
The companies -- Apex Clean Energy, Blattner Energy, Duke Energy, EDF Renewable Energy, EDP Renewables, Enel Green Power North America, E.ON, Goldwind Americas, Hannon Armstrong, Invenergy, Leeward Renewable Energy, MAP Royalty, Pattern Energy, TPI Composites and the American Wind Energy Association (AWEA – are donating $1 million in aggregate to support repairs and rebuilding efforts in areas impacted by the storms.
(Source: Pattern Energy, NA Wind Power, Various Others, 11 Sept., 2017) Contact: Pattern Energy, Matt Dallas, (917) 363-1333, email@example.com, www.patternenergy.com;
Habitat for Humanity, www.habitat.org; AWEA, Tom Kiernan, CEO, www.awea.org
More Low-Carbon Energy News Wind, Pattern Energy, AWEA,
The deal will allow EDP to add 25 to 35 turbines to the facility to generate an additional 262,000 MWh per year of capacity -- sufficient to power 20,000 average Indiana homes.
Under a VPPA, a company agrees to pay a renewable-energy-project developer a fixed rate for electricity over a contracted period, usually 10 to 20 years, while continuing to buy electricity from the local utility. The company does not get the energy directly. Instead, the developer sells the power onto the grid, where it is bought by other consumers at wholesale prices.
(Source: Cummins, Indianapolis Business Journal, 2 Sept., 2017) Contact: Cummins, Mark Dhennin, Dir. Energy and Environment, Brian Mormino, (614) 771-1000, www.cummins.com; EDP Renewables North America, www.edpr.com
More Low-Carbon Energy News Cummins Diesel, EDP Renewables North America, Virtual Power Purchase Agreement,
Additionally, the collaboration has launched R3FIBER, a new recycling technology for fibre-infused plastics. The process converts resins of combustible gases and liquid fuels into reusable glass or carbon fibres. (Source: EDP Renewables, power-technology.com, 4 Sept., 2017) Contact: EDP Renewables, (713) 265-0350, firstname.lastname@example.org, www.edprnorthamerica.com;
Spanish Council for Scientific Research, www.reconproject.eu; Thermal Recycling of Composites, www.trcsl.com
More Low-Carbon Energy News EDP Renewables, Wind, Wind Blade,
In a virtual power purchase agreement, the wind farm owner sells the power into the broad power markets that feed the regional electric grid.
(Source: Cummins, Seymour Tribune, 17 Aug., 2017) Contact: Cummins,
Brian Mormino, (614) 771-1000, /www.cummins.com;
EDP Renewables North America, www.edpr.com
More Low-Carbon Energy News EDP Renewables North America, Wind,
The approval is subject to a number of conditions, one being the restoration of the land to its original state after 25 years.
The developer must also ensure that the solar farm's disruption to the ecological footprint of the farmland is minimal, and the formation of a biodiversity management plan that will allow for sheep grazing, wildflower seeding and the planting of new trees and hedgerows at the site.
(Source: Hive Energy, PV Mag, 19 July, 2017)
Contact: Hive Energy, Giles Redpath, +44 1794 324343, www.hiveenergy.co.uk
More Low-Carbon Energy News Solar,
The Dalby bio-refinery -- Australia's first bio-refinery -- presently produces 76 million lpy of ethanol and animal feed products from locally-grown sorghum.
The expansion will boost biofuel production capacity by 24 million lpy to 100 million lpy.
The proposed expansion is part of a multi-million dollar investment in 21st century biofutures plants that could generate more than 330 jobs in regional Queensland.
(Source: South Burnett Times, 27 June, 2017) Contact: United Petroleum, +61 3 6398 2226, www.unitedpetroleum.com.au
More Low-Carbon Energy News United Petroleum, Australia Biofuel, Ethanol, Sorghum,
Upon the completion, China New Energy will indirectly acquire 110 MW of solar capacity ing include both incomplete and operational assets, as well as the rights to develop undisclosed projects. It will also acquire 4.58 GW of hydropower capacity, in the form of unfinished and operational assets, as well as the development rights for projects.
(Source: United Photovoltaics, Panda Green Power, PV Mag., Other Media, 15 May, 2017)
Contact: Panda Green Power, www.unitedpvgroup.com; United Photovoltaics, www.unitedpvgroup.com; China New Energy, +86 20 8705 7185, www.chinanewenergy.co.uk
More Low-Carbon Energy News Panda Green Power, Solar, China Solar, United Photovoltaics, China New Energy,
Driven Innovation is an indirect, non-wholly owned subsidiary of Beijing-based financial services provider China Huarong, one of the biggest shareholders of United Photovoltaics. The new subscription expands the group's issued shares from 7,452,032,287 to 8,152,032,287, reducing the stake of its largest shareholder -- China Merchants New Energy (CMNE) -- to 24.52 pct. China Merchants Group indirectly holds a 79.36 pct stake in CMNE.
The company, which recently announced plans to change its name to Panda Green Energy Group, raised HK$223.9 million last month with the issuance of 270,000,000 new shares. In August 2016, the company generated net proceeds of HK$364 million by issuing three-year convertible bonds, exclusively to finance the construction of solar projects.
(Source: United PV, PV Mag., Various Media, 24 April, 2017) Contact:
United Photovoltaics, +852 3112 8461, email@example.com, http://unitedpvgroup.com; Driven Innovation, www.driveninnovation.com
More Low-Carbon Energy News United PV, Solar, PV, Driven Innovation,