Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.
UGE International, a renewable energy firm specialising in the C&I space, has partnered with Export Development Canada (EDC) to create a construction finance facility for the funding of international solar projects.
The Canadian federal government has pledged to run all its operations on renewable energy by 2025, according to environment minister Catherine McKenna.
Financiers Connor, Clark & Lund Infrastructure and Samsung Renewable Energy have closed a CA$633 million solar bond financing for the 100MW Kingston Solar project in Canada.
In this week's Movers & Shakers segment, PV Tech reports on management shuffles in yieldcos and Chinese module manufacturers. In addition, a Canadian energy company continues its US expansion, the REEEAC appoints new members and CleanChoice Energy reveals how community solar can become 'retail 2.0'.
Headquartered in Toronto, Canada, Morgan Solar is one of the industry's last remaining concentrated PV firms. It recently appointed Celestica's Mike Andrade as its new CEO, who discussed with PV Tech the place for such technologies, that are traditionally more expensive and harder to scale than conventional PV.
Ontario’s Independent Electricity System Operator (IESO) announced on Wednesday that it will offer 936 long-term contracts for 241.430MW of small-scale renewable generation in the latest procurement under the feed-in tariff (FiT) programme, FIT 4.