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Tag Archives: investment

ReneSola sells stake in China DG solar subsidiary

PV project developer ReneSola has agreed to an equity investment agreement that will see an investor set aside US$31.4 million in cash to acquire 40.13% of Zhejiang ReneSola Investment Limited. The investment closed on 2 May 2018. Currently, ReneSola has over 187MW of DG projects under operation, most of which …

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China Energy Investment Group Comes Into Being

China Guodian Group and Shenhua Group have merged into “China Energy Investment Group,” which was incorporated on Nov. 28, with assets exceeding 1.8 trillion yuan, posing as the world’s largest company for coal production, thermal power, renewable-energy power, coal oil, and coal chemical. The new entity is a business behemoth, …

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Solar Energy Industry in California Marks a Milestone

Thanks to sunny weather and continuous addition of new facilities, output and share of PV power in California has marked a milestone recently. Share of PV power topped 49.95% in March 4 in California, breaking the previous record of 47.2% on May 14, 2017, according to CAISO, an independent grid …

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