Photovoltaic

Allianz Capital Partners on behalf of Allianz insurance companies has closed today the acquisition of the 46 MW Ourika project (“Ourika”) in Portugal. The solar farm is fully operational and has been developed by the WElink Group (“WElink”).

Trina Solar Ltd. announced that it has successfully acquired a majority stake in Spain-based Nclave Renewable S.L. This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar's strategic transformation from a leading PV product supplier to a global smart PV solution provider. The acquisition also marks another solid step towards Trina Solar's strategic transformation into an enterprise focused on the development of alternative and renewable energy solutions that work in concert with the Internet of Things ecosystem.

Kyocera TCL Solar LLC has constructed a 29.2 MW utility-scale solar power plant in Yonago City, Tottori Prefecture, Japan. The company’s largest solar power plant was installed on 1.2 km2 of land originally designated for a golf course and other purposes but subsequently abandoned.