US: Recurrent Energy sells 235 MW-AC of solar power assets to Korean utility
The developer has sold off three large, operational solar plants to the Korea Electric Power Corporation, as parent company Canadian Solar moves into O&M.
Canadian Solar nails $149m loan for 53 MW in Japan
Canadian Solar has signed a credit facility of up to JPY 16 billion ($149 million) with Shinsei Bank to back the construction of a 53.4 MWp solar project in southwestern Japan.
Canadian Solar announces sale of 24 PV plants to Greencoat Capital LLP
The already operational power plants sold for US$267.7 million comprise 272,000 Canadian Solar modules in total. Canadian Solar is set to provide operations and maintenance services to the plant, which could generate up to 142,000 MW per year for its new owner, based in the U.K.
Chinese companies lead global solar developer rankings
State Power Investment Corporation (SPIC) and GCL New Energy have taken the top spots for installed capacity, but Canadian Solar and First Solar are showing impressive pipelines.
Canadian Solar fund acquires two Japanese solar projects, raises $8.2m loan
The Japanese infrastructure arm of Canadian Solar, Canadian Solar Asset Management, has acquired ownership of two large-scale Japanese solar farms, while also taking out a loan of JPY 900 million.
Japan: Disappointing first auction; plans for 200 GW solar by 2050
Japan’s first solar PV auction has reaped disappointing results, with just 41 MW set to be developed. Under the revised FIT, meanwhile, 27.7 GW were cancelled. Despite this, JPEA is aiming for 200 GW of solar PV installs by 2050. Overall, cumulative installed capacity has reached over 40 GW. There are still many plans afoot for large-scale projects, although it is the rooftop sector, which holds the most promise.
EDF energizes 115 MW solar park in Chile
The Santiago solar plant, located near the country’s capital city, Santiago, will sell its output to local power distributors and to the spot market.
Canadian Solar lowers Q4 revenue guidance due to delayed project sale
The Chinese Tier 1 solar company had hoped to finalize the sale of six PV power projects in the fourth quarter of last year, but delays to necessary government approvals mean Q4 revenue is lively to be around $700 million lower than expected.
Canadian Solar sells another 3 PV plants in China
Canadian Solar Inc. has sold another three of its solar PV plants to Shenzhen Energy Nanjing Holding Co., Ltd. The undisclosed revenue will be recognized in the company’s Q4 2017 earnings.
Suntech’s black silicon solar cells enter mass production
Wuxi Suntech Power Co., Ltd has announced its high efficiency black silicon solar cells have successfully entered mass production. It is targeting an annual capacity of 500 MW by Q1 2018.
