SUSI to provide $94.3 million to back Canadian storage projects
A fund managed by Swiss investment firm SUSI Partners AG has agreed to provide C$120 million (US$94.3 million) of financing to a unit of energy storage developer NRStor for lithium-ion storage projects in Canada.
TerraForm Power refinances with $350 million term loan facility
On the heels of its acquisition by Brookfield, the yieldco is putting its financial house in order.
Shareholder vote puts Brookfield closer to TerraForm Global acquisition
Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.
Canada’s Nova Scotia launches program for community solar
Canada’s second smallest province, Nova Scotia, has announced the launch of the Community Buildings Pilot Program, an initiative that is expected to spur the development of community solar projects throughout the region.
GCL unit pays first tranche of $30 million investment in Millennial Lithium
A unit of China’s GCL group has moved forward with a $30 million strategic investment in Millennial Lithium by finalizing the first of two payments for a 17% stake in the Canadian exploratory mining firm.
Leclanché and partners to invest $12 million in first utility-scale storage project in Canada
The joint venture firm EPAL, owned by Indian state-owned Energy Efficiency Services Limited and U.K.-based Energy Pro Limited is partnering with leading Swiss battery storage solution provider, Leclanché and development partner, Deltro Energy.
Shipments and revenues up in strong Q3 for Canadian Solar
Leading module manufacturer Canadian Solar posted revenue of $912 million for the third quarter of 2017, significantly above the figure of $692 million for the previous quarter. The company also saw quarterly shipments rise to 1.87 GW.
REC Group places equipment order with Aurora Solar Tech
Aurora Solar Technologies today announced that it has received an order from Norway headquartered vertically integrated PV manufacturer REC Group for its inline cell measurement equipment. The order is expected to ship in January 2018.
TransCanada to sell 76 MW in Ontario
TransCanada has agreed to sell 76 MW of solar capacity in the Canadian province of Ontario to Axium Infinity Solar LP for C$540 million ($419.09 million).
Powin scores financing from Brookfield for 8.8 MW storage project
Powin Energy has secured non-recourse debt financing from Brookfield Renewable for an 8.8 MW/40.8 MWh storage system it plans to install in the Canadian province of Ontario. It did not disclose the terms of the agreement.
