‘Silicon Module Super League’ (SMSL) member Canadian Solar has secured US$66.0 million in project financing in its second green project bond placement with Goldman Sachs Japan.
Recurrent Energy has closed on a combined construction loan and construction letter of credit facility for the 20MW Gaskell West 1 solar power project in California.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported stronger than expected third quarter financial results while revenue of US$1.77 billion to US$1.81 billion for the final quarter of the year.
Going to Indian courts over renegotiations of solar power purchase agreements (PPAs) can be a costly and time-consuming process, but is this where the trouble ends?
Recurrent Energy, a wholly owned subsidiary of Canadian Solar, announced that its 71MW PV project in Cumberland County, North Carolina has reached commercial operation.
Canadian Solar has partnered with Israeli insurance and finance group Menora Mivachim in an effort to raise US$60 million to finance solar projects in Israel.
‘Silicon Module Super League’ (SMSL) member Canadian Solar is selling various interests in three solar farms in Queensland, Australia to UK-based renewables firm, Foresight Solar Fund.
The Indian solar industry expressed shock recently when it emerged that multiple Chinese PV manufacturers had been reneging on supply contracts to India, but it seems this strategy may have been a comeuppance for historic behaviour on the part of some Indian developers.
Some of the industry is at loggerheads and many feel local manufacturing must be intrinsic to the 100GW by 2022 solar target, but the value of trade duties is under dispute.