BlackRock raises interest in SolarEdge Technologies to 10.3%
US investment management company BlackRock Inc has further increased its interest in the Israeli solar energy technology company SolarEdge Technologies Inc. after it has acquired additional stakes in the company.
BlackRock Inc. now owns 5,111,607 shares of SolarEdge's company stock which represents around 10.3% for an investment deal worth US$175 million.
SolarEdge is engaged in solar power optimization and photovoltaic monitoring solutions industry. The company offers optimizers, inverters, monitoring equipment, tools, and accessories for power harvesting, conversion, and efficiency.
Country updates
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July 14, 2020
Ørsted acquires 227 MW solar project in USA
Ørsted has acquired Longroad Energy's 227 MWac under construction Muscle Shoals solar project located in Colbert County, Alabama, in the US. Concurrent to the acquisition, Ørsted enters...
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July 13, 2020
Engie sells 49% stake in 2.3 GW of renewables in the USA
ENGIE has signed an agreement to sell 49% equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong, a leading investor in climate change solutions. ENGIE will retain a controlling share...
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July 13, 2020
CIT leads US$118.5 million financing for 112 MW Harts Mill solar PV project in Edgecombe County
CIT Group Inc.'s Power and Energy business has served as lead arranger on a US$118.5 million financing for the utility-scale 112 MW Harts Mill Solar project in Edgecombe County, North Carolina, US. T...
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July 13, 2020
Distributed Solar Development buys 7.9 MW solar portfolio in Denver
Distributed Solar Development has acquired a four-project, 7.9 MW community solar portfolio in US from Oak Leaf Energy Partners. The installation is located in Arapahoe and Adams counties in the great...
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July 10, 2020
8minute starts the commericial operation of the 200 MW Holstein solar PV project in Nolan County
8minute Solar Energy and Duke Energy Renewables have started the commercial operation of 280 MW (280 MWdc / 200 MWac) Holstein solar project, located in Nolan County, Texas. The 200 MWac Holstein Sol...
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