The funding will go towards the development of four plants contracted to generate energy for Spanish oil giant Repsol and move the manufacturer-turned-developer closer to its aim of deploying 3GW by 2023.
‘Solar Module Super League’ (SMSL) member, Canadian Solar is targeting to achieve over 15GW of PV module manufacturing capacity in 2020, while relying on China-based merchant solar cell producers.
The French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.
Top US residential player posts Q3 2019 deployment volumes of 107MW and eyes 115-118MW in Q4 2019 despite warning that ‘tight labor market’ could hamper customer growth and order delivery.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.
UAE firm unveils construction timeline as it signs PPA for 100MW solar project in Navoiy region, which it was contracted to develop after tabling bid of US$0.027/kWh earlier this year.
The US-headquartered high-efficiency solar panel maker is to spin off most of its manufacturing operations into a separate public listed entity, Maxeon Solar, which will include monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) as an investor.