In the U.K., Canadian Solar Inc. has closed a refinancing deal worth GBP41.9 million (US$56 million) with BayernLB. Meanwhile, in Canada, it has signed an Operation & Maintenance (O&M) agreement with Axium Infinity Solar LP for eight PV plants totaling 105.5 MW.
The Gunma Aramaki installation is 100km from Tokyo and has now achieved commercial operation via a 20-year PPA with Tokyo Electric Power Company Holdings.
Leading module manufacturer, Canadian Solar has been awarded a 112 MW project in Brazil, after the country allocated around 574 MW of PV in its recent A-4 power auction.
Solar stocks surged yesterday after Canadian Solar announced it had received a “going private” proposal, reports Zacks. Analysts at Guggenheim, meanwhile, say the offer will be given “serious consideration.” They believe other companies may follow suit, if accepted.
Canadian Solar Inc. has received a “going private” proposal from chairman, president and CEO, Dr. Shawn Qu, under which he offers US$18.47 per common share. The move follows that of Trina and JA Solar.
Canadian Solar Inc. has won a contract for 17.87 MWp in Japan’s first auction for large-scale solar projects. A total of 141.3 MW was awarded last month.
Reports from the Suniva’s bankruptcy filings indicate conversations with multiple companies that could potentially acquire the bankrupt cell and module maker.
The Chinese solar firm has announced the start of construction on two new solar power plants in Japan with a cumulative capacity of 12.9 MWp.
Japan’s Ministry of Economy, Trade and Industry (METI) has awarded 140 MW of solar capacity to eight companies across nine locations, with the lowest bid coming in at JPY 17.2 ($0.15)/kWh, according to a local media report.
The solar PV giant has completed its second green project bond placement with Goldman Sachs Japan.
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