‘Silicon Module Super League’ (SMSL) member Canadian Solar continues to push its PV power plant business development to fill a growing demand issue as revenue for the second quarter of 2018 missed company expectations.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has lowered its full-year shipment, sales and capacity expansion plans for 2018, citing a number of global market and policy changes impacting its business.
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
As module suppliers adapt to the slowdown of Chinese module demand in 2018 and 2019, global EPCs and developers are likely to see new Asian-produced panels being offered for both rooftop and ground-mount installations.
EnerTech Quetta Solar (ETQSL), a unit of Kuwait government-owned company and renewables developer EnerTech, has applied for a generation licence for a 50MW solar PV project in the Balochistan Province of Pakistan, according to National Electric Power Authority (NEPRA).
‘Silicon Module Super League’ (SMSL) member, Canadian Solar is set to launch a new range of high-performance multicrystalline modules at Intersolar Europe, designed to capture attention in the utility-scale market.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported first quarter 2018 financial results that were better than expected as revenue and shipments were higher than guided with further PV power plant sales completed in the quarter.