EDF Renewables buys majority stake in 77 MWp solar projects in China
EDF Renewables in China is acquiring a majority stake in a 77 MWp rooftop PV assets portfolio from Asia Clean Capital (ACC). For the past year, ACC and EDF Renewables have been in partnership in the construction and operation of a shared B2B portfolio of roof-mounted distributed solar projects.
Commissioned over 2017 and 2018, the 17 rooftop solar facilities represent a total capacity of 77.1 MWp. Each project, covered by a Power Purchase Agreement with major multinational companies.
EDF Renewables has acquired a majority stake in this portfolio of rooftop PV projects through a joint venture in which the ACC Group, which developed and built the projects, retains a minority stake in the projects.
Country updates
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April 11, 2019
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April 10, 2019
EDF to build and operate two offshore wind projects in China
EDF has signed an agreement for low-carbon projects in China. The agreement establishes the partnership entered into with the Chinese power utility China Energy Investment Corporation. The cooperation...
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April 09, 2019
Ciel & Terre completes construction of a 70 MW floating solar PV project in Anhui
French floating PV specialist Ciel & Terre has commissioned the 70 MW solar photovoltaic project it has constructed for the state-owned developer China Energy Conservation and Environmental P...
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April 05, 2019
In 2018 global energy demand increased by 2.3%
Energy demand worldwide grew by 2.3% in 2018, representing the fastest growth during the last 10 year. According to the International Energy Asociation (IEA) this expansion has been supported by an ex...
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March 29, 2019
GCL divests 55% controlling stake in its three subsidiaries
GCL New Energy Holdings Ltd has agreed to dispose 55% of interest in its three subsidiaries Xinan GCL, Ruzhou GCL and Jiangling GCL that together own 280 MW of solar projects in China for CNY246.4 mil...
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