London-headquartered investment firm Foresight Group has acquired the 7.2MW Vale Matanças solar farm in Alcácer do Sal, Portugal, developed by Exus Management Partners.
News in Brief: The governments of India and Portugal sign an MoU on renewable energy development, solar arrays are installed at MSU and State College, PA, African gold mine IAMGOLD corp signs a PPA for a new solar facility, and a Hawaiian food bank is making big savings with its new solar system.
UK-based solar firm WElink Energy will develop a 220MW solar plant in southern Portugal, having signed an EPC agreement with China Triumph International Engineering (CTIEC).
Four European countries have signed a joint agreement to establish a roadmap for exchanging electricity from renewable sources between Morocco and Europe.
Following a Portuguese government announcement approving 180MW of unsubsidised solar PV capacity, the country’s renewables association has said solar cannot work without financial support in current market conditions.