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Solar Revenue

Canadian Solar Sells Three PV Plants in China to Shenzhen Energy

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar said, “With the sale of these three solar plants, we have now sold a total of seven plants in China to Shenzhen Energy.” Canadian Solar has announced that its wholly-owned subsidiary, CSI New Energy Holding Co., Ltd. has completed the sale of three solar […]

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Madhya Pradesh to Add 2,000 MW of Solar Power in Next 3 Years

The solar power generated through these plants will be purchased by the Madhya Pradesh Power Management Company Limited. In order to boost solar power in the country, Madhya Pradesh is all set to develop more solar power parks in the next three years adding a total of 2000 MW to its capacity. The power generated […]

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Canadian Solar Closes GBP41.9 Million Financing with BayernLB

The solar power portfolio, consisting of 10 operating solar power plants totaling 52.2 MWp, was accredited under the UK’s Renewable Obligation Certificate scheme. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has closed a GBP41.9 million (US$56 million) non-recourse project finance facility with BayernLB. This financing arrangement is […]

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Canadian Solar Signs O&M Agreement with Axium Infinity for Eight Solar PV Plants

Canadian Solar will be responsible for plant monitoring, performance management, preventative maintenance, and corrective maintenance at all eight solar PV facilities. Canadian Solar, one of the world’s largest solar power companies has announced that it has recently signed an Operation & Maintenance agreement with Axium Infinity Solar LP for eight solar PV plants totaling 105.5 […]

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Ghana to Get Extensive Support from CIAL to Set-Up Solar Power Plants

The CIAL has not yet fixed the rate to be charged for the service and that it would be decided in the days to follow. The Cochin International Airport Ltd (CIAL) is ready to support Ghana extensively to set up solar power plants at three airports across the country. The consultancy service will be the first ever […]

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Scatec Solar Secures 40 MW Solar Power Project in Malaysia

The solar power plant, located in Northwest Malaysia, is expected to produce 65 GWh of electricity per year with annual revenues of about USD 6 million. Scatec Solar and Fumase have won the contract to develop a 40 MW solar power project in a tender held by the Energy Commission in Malaysia. The power plant, […]

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GST Increases Cost of Solar Projects by 12 Percent, Says AISIA

Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […]

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