recurrent energy

Two solar PV developers - Soltec and Recurrent Energy - have closed financial deals for projects in Brazil this week .

Solar developer Recurrent Energy has secured a €110 million (US$119 million)multi-currency finance facility to support the development of its global solar PV and energy storage project pipeline.

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.

Solar developer Recurrent Energy has secured US$160 million in project financing for its 127MW PV project in Louisiana, US.

The Mannum project sits at the confluence of decarbonisation, Trina Solar's Australian expansion and the government's energy transition plans.

Recurrent Energy, the solar project development subsidiary of global solar manufacturer Canadian Solar, has secured a US$500 million equity investment from Blackrock, the world's largest asset manager.

Recurrent Energy has announced the funding for its 300MW Ciranda solar project, which consists of a US$100 million (BRL490 million) package.

Canadian Solar's total module shipments in Q3 this year increased by 39% to 8.3GW year-on-year, and 1% quarter-on-quarter.

Canadian Solar says the private placement provided the company with enhanced liquidity and flexible funds to grow its subsidiary Recurrent Energy's global business.

US solar developer Recurrent Energy has closed financing for its upcoming 134MW Liberty solar project in the US state of Texas.