Nestlé is the sole tax equity investor of the 326MW Stampede solar-plus-storage project and will also acquire the renewable energy attributes from the whole capacity of the solar PV plant.
Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
As the solar industry continues to grow and evolve, module blending can offer practical solutions for reducing project cost, particularly as antidumping and countervailing duties (AD/CVD) tariffs could be applied to Chinese products and US domestic content is incentivized, writes Burns & McDonnell.