Solar and energy storage project development platform Recurrent Energy has secured a €150 million (US$164.1 million) multicurrency facility with Santander Corporate & Investment Banking (Santander CIB)
Solar developer Recurrent Energy, a subsidiary of Canadian Solar, has signed an aggregated virtual power purchase agreement (PPA) with several offtakers for its 100MW solar PV project in Liberty County, Texas.
Solar Module Super League (SMSL) member Canadian Solar has consolidated its global solar development and services business under its Recurrent Energy brand, which was previously limited to its North America operations.
Canadian Solar said it expects margin pressure at its manufacturing division to ease throughout 2022, with demand returning in China from Q2 and pricing strategies used to offset soaring material and logistics costs.
A round-up of the latest news from the US solar market, featuring Vision Solar’s commitment to hire “hundreds” of sales staff as part of a two-state expansion, Recurrent Energy’s sale of two major assets in Texas and news of 8minute Solar Energy strengthening its legal team.
Canadian Solar has reported a jump in shipments and revenue, meeting the top end of its guidance, but warned of a challenging quarter for its manufacturing division after it slumped to a loss.
A round-up of the latest news from the US, where Dominion Energy acquires a solar facility in Virginia and BayWa r.e incorporates Generac’s PWRcell battery system to its distribution offering.
A round-up of recent news from the US, where Recurrent Energy moves closer to completing two Texas projects and major corporations call on Congress to pass measures to bolster green energy growth.
