In a first disbursement, 41 smaller projects will be taken into the independent power producer’s portfolio. The Italian market appears to have been kicked back into life after announcements of generation capacity goals and with new large scale auctions planned for September.
The $99 million financing was provided by the CAF development bank of Latin America. The large scale solar facility will be in the Atacama desert.
The independent power producer has purchased five PV projects from Glennmont Partners. It did not disclose the financial terms of the transaction.
Canadian Solar recorded net income of $237.1 million in 2018, from $99.6 million a year earlier, on annual PV module shipments of 6.62 GW.
JP Morgan-advised developer says it is on track to deliver 400 MW of capacity in Japan after announcing funding for 46.6 MW Tono project.
Independent power producer, Sonnedix has announced start of operations for the 46.8 MW Suwa solar PV plant, located on a former golf course in Nagano prefecture, Japan. The project is the first to be completed, of several investments made by Sonnedix in the Japanese market.
The 46.7 MW worth of acquisitions will make the firm one of the largest in Spain, with Sonnedix now operating a worldwide capacity of 703 MW.
The Spanish renewable power developer has announced a non-recourse finance package for 18.17 MW of installed solar PV capacity in Spain.
The independent power producer is now the owner of the Vela Portfolio, which amounts to 136 MW of solar PV capacity across 43 Spanish sites, and has been sold by Centerbridge Partners.
The U.S. private equity firm has announced more than $120 million of additional investments in the Japanese solar market.
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