Solar project developer Recurrent Energy has secured a €674 million (US$730 million) revolving credit facility to expand its European solar and battery energy storage system (BESS) portfolio.
Global module prices are unlikely to fall much further and could begin to stabilise, the chairmen of two of China’s largest PV manufacturers, Trina Solar and JinkoSolar, have said.
Chinese solar manufacturing giant Canadian Solar shipped 30.7GW of solar modules and posted US$274 million in net income in 2023, both “record” figures for the company.
Recurrent Energy, the project development subsidiary of Chinese solar manufacturer Canadian Solar, has closed financing for the 119MW Horus Solar project in the region of Aguascalientes, Mexico.
