Another month, another transaction review published by Green Dealflow: the transaction activity report in the solar and wind industries for the month of May, built by our analysists is available here. The report is based on our transaction database, which tracks equity transactions of solar and wind projects from around the world and it is possible for you to have an insight into where the market is going. Also this month you can find the tracked Tenders & Auctions announced worldwide for Solar and Wind technology, which you can download here. This new feature can help our followers to prepare their strategy and the next moves in the market, having an overview of the future governmental inputs in the Renewable Energy market.
The number of transactions for the overall market counts for a total of 28 transactions, amounting to 3.3 GW, surprisingly a decrease in the capacity transacted. The right momentum to invest and develop is also highlighted by the several new instruments put in place by countries: incentives and regulations are allowing more and more projects to flourish, as well as different new technologies are being mainstreamed and implemented, offshore, agri-voltaics and floating pv. You can read about news in the regulatory market and new technologies on our blog here.
But let us move on to the solar and wind markets and their performance in May.
The solar industry performance this month is reaching a total of 9 deals, with an overall capacity of 1.1 GW. In the podium we see Italy, US and Romania having the same amount of deals signed.
Among the most relevant acquisitions, Sonnedix announced the acquisition of a operational solar plant of 4.5 MW in Murcia, Spain. The project allows the company to reach a total amount of 365 MW of operational capacity in the country.
The wind industry for 19 deals signed, the capacity reached amounts for a total of 2.3 GW suggesting a decreasing trend in the activities of this month, but with exciting deals signed by the top players in the market.
But let us start from the top countries, the U.S. is the leader this May, followed by Finland and Sweden. Among the most relevant deals signed comes from Michigan, when Apex Clean Energy announced the closing of the sale of the Isabella Wind I and II projects to DTE Energy, Michigan’s leading producer of renewable energy, and the start of commercial operations for the facilities. The wind farms, totaling 383 MW and located in Michigan’s Isabella County, are the largest clean energy facilities in the state and in DTE’s portfolio.
We are in the hot spot in the green transactions, follow us for more exciting news!
Green Dealflow – is a matchmaker for professional investors and asset owners in the solar and wind industry. You can create a free account and search for assets to invest in, or ask us about off-market projects, find investors for your projects with discretion (off-market), or PPA Off-takers can look for business partners on a “no cure – no pay” basis. Further to this, Green Dealflow delivers news, blog posts and business intelligence, e.g. through a transaction database and monthly reports.