October 18 (Renewables Now) - Just 1,590 MW of solar and wind power assets have changed owners in September, Green Dealflow says in its monthly transaction activity report.
Green Dealflow, an online marketplace for wind and solar projects, maintains a transaction database tracking equity transactions of solar and wind projects around the globe and below is a short overview of the activity in September.
In the solar industry, the report records 11 transactions amounting to approximately 700 MW, a 50% reduction in transactions compared to August. The drop largely stems from the drop in deal flow in the United States. The USA saw ten transactions in August, but only four transactions in September. Nevertheless, the United States remains the country with the largest transaction activity. The largest number of assets transacted are development-stage assets. However, in terms of capacity transacted, development assets constitute the largest share.
The wind industry, like the solar industry, experienced a decline in transaction activity. Compared to August’s 16 transactions, September only saw seven transactions amounting to approximately 900 MW. The United States takes the largest share of both deals and capacity transacted. Interestingly, development-stage assets constitute virtually all capacity transacted in the wind industry.
The full report can be accessed here.