recurrent energy

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.

Recurrent Energy has secured US$112 million in financing for its 160MW North Fork solar project in the US state of Oklahoma.

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)

Canadian Solar has shipped 6.1GW of solar modules in the first quarter of 2023, a 66% increase over the same period a year earlier.

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.