Canadian Solar Sells 18 Mw Solar Project in Chile Updated On Mon, Jan 7th, 2019 by Saurenergy The transaction was closed in December 2018 and the Company expects to recognize the majority of the revenue from the sale of the projects. Canadian Solar has announced that it has completed the sale of its 18 MW portfolio of PMGD solar power projects in Chile to Sonnedix. The transaction was closed in December 2018 […] Read more
Canadian Solar to Provide EPC Services for Australian Solar Farm Updated On Fri, Jan 4th, 2019 by Saurenergy The solar plant will be built on approximately 1,000 acres of grazing, crop and irrigated lands near Finley, New South Wales, Australia. Canadian Solar has recently announced that it will be partnering with Signal Energy to provide engineering, procurement and constructions (EPC) services and supply solar modules for ESCO Pacific’s 175MWp Solar Farm in Australia. […] Read more
Canadian Solar Sells its 20% Stake in Brazil’s Solar Complex Updated On Wed, Dec 26th, 2018 by Saurenergy Canadian Solar had previously sold 80% interest in the portfolio to EDF Renewables at construction-ready stage. Canadian Solar has announced that it has completed the sale of its 20% interest in the 399 MWp Pirapora solar complex in Brazil to Omega Geracao S.A.(Omega), a leading Brazilian renewable energy company dedicated exclusively to operational assets. Canadian […] Read more
Canadian Solar Secures Funding of $69 Mn for Solar Project in Mexico Updated On Sat, Dec 15th, 2018 by Saurenergy The Aguascalientes project was awarded a Power Purchase Agreement (PPA) during the 2016 inaugural Mexico energy auction. Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured funding of US$69.0 million non-recourse project financing for the 67.8 MWp Aguascalientes solar power project in Mexico. The funding is provided by […] Read more
Recurrent Energy Inks 25-Yr PPA with Silicon Valley University Updated On Tue, Dec 4th, 2018 by Saurenergy This PV project, together with Stanford University’s existing 67 MWp solar PPA and its 5 MWp rooftop installation, will produce enough clean renewable electricity each year to equal the university’s annual electricity consumption. Canadian Solar arm Recurrent Energy Inked a 25-year power purchase agreement (PPA) for the 63 MWac/88 MWp Stanford Solar Generating Station #2. The Stanford […] Read more
Canadian Solar Acquires 100% of Suzlon’s Telangana Solar Projects Updated On Mon, Nov 26th, 2018 by Saurenergy Suzlon sold its Amun Solar Farms and Avighna Solar Farms for a total of Rs 280.11 million to the Canadian global module supplier and solar project developer. Canadian Solar acquired the remaining 51% stake in two solar projects in Telangana from Suzlon Energy. The two projects have capacity of 15 MW each. Suzlon sold its […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
Canadian Solar, Biosar to Build Total Eren’s 256 MW Solar Proj in Australia Updated On Mon, Oct 22nd, 2018 by Saurenergy Post completion, the project is expected to be the single largest solar power plant in Victoria, Australia, and will produce enough electricity to meet the needs of more than 133,500 Victorian homes and displacing more than 610,000 tonnes of carbon dioxide emissions annually. Solar PV modules maker Canadian Solar and solar EPC services provider Biosar Australia […] Read more
Sale of 30.4 MW Solar Projects Fetch Canadian Solar $103mn Updated On Fri, Sep 7th, 2018 by Saurenergy Canadian Solar has sold the solar power projects to Canadian Solar Infrastructure Fund (CSIF) of Japan. Solar developer and manufacturer, Canadian Solar has sold three of its solar power projects totaling 30.4 MW for USD 103 million. Canadian Solar has sold the solar power projects to Canadian Solar Infrastructure Fund (CSIF) of Japan. Further, the […] Read more