East Africa's First Utility-scale Solar Field Boosts Rwanda's Electric Generation Capacity by Six Percent
The Rwanda field - constructed in the shape of the African continent - brought together an international consortium of financing partners.
The PV project, named "Marcovia Solar," will be the first PV plant constructed by Gestamp Solar in the country and is expected to span 180 hectares once completed.
The Smart Grid Consumer Collaborative Recognizes Opower, Pepco Holdings Inc. and The Greenlining Institute as the 2015 CLEAR Award Winners
Organizations serve as role models in the development of smart grid consumer education programs
Acquisition adds 4.0 GW and expands Canadian Solar's total project pipeline to 8.5 GW ----Approximately 1.0 GW of late-stage projects represent a revenue opportunity of at least $2.3 billion over the next 2 years
Global Solar Photovoltaic Balance of System Market Value to Lose $10 Billion by 2020, says GlobalData
Global solar photovoltaic balance of system (BOS) market value to fall from an estimated $34.9 billion in 2014 to $24.9 billion by 2020 ----However, China's BOS market value will expand to $8.2 billion by 2020, cementing its position as the world's leader in this space, says report
NRG enhances capabilities in Northeast U.S. with additional sales and operations expertise
Excitement grows over ISA eligibility for solar farms
Off-grid Multicontainers to replace diesel generators
North American Wind Operations & Maintenance (O&M) Dallas Summit (April 13th-15th)
SoCore Energy Selects Sunny Tripower Inverters for 44 Movie Theater, Shipping and Retail Locations
Solectria Renewables, LLC, a leading U.S. PV inverter manufacturer, announced today that February 2015 marks the Company's 10 year anniversary.
Chinese PV inverter manufacturer doubles sales and minimises failure rates
Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has entered into a definitive agreement with Sharp Corporation (TSE: 6753) to acquire Recurrent Energy, LLC (“Recurrent”), a leading North American solar energy developer, for approximately $265 million. Once completed, the acquisition of Recurrent will increase Canadian Solar’s total solar project pipeline by approximately 4.0 GW to 8.5 GW, and its late-stage project pipeline by approximately 1.0 GW to 2.4 GW. Located in California and Texas, Recurrent’s 1.0 GW late-stage pipeline is one of the largest utility-scale project portfolios scheduled to be built prior to the ITC expiration in 2016, and represents an estimated revenue opportunity of at least $2.3 billion for Canadian Solar under a build and sell business model. The transaction further expands Canadian Solar’s position as a leading solar energy developer, with a globally diversified project pipeline in low risk geographies. In addition, this transaction broadens Canadian Solar’s project development and financing capabilities, and enhances the Company’s position for creating its own Yield-Co in the quarters ahead. "The acquisition of Recurrent is an important milestone for us as it significantly expands and strengthens our position in the North American market, and places Canadian Solar firmly among the leading global solar energy companies," said Dr. Shawn Qu, Canadian Solar Chairman and Chief Executive Officer. "By combining Canadian Solar’s global reach and experience with Recurrent’s proven solar energy development track record in the US and Canada, we are significantly expanding the scale of our solar energy development platform. At the same time, this transaction broadens our strategic options to extend our business model from development and construction into potential ownership and operation of solar power plants as we work to create additional value for our shareholders."
Provides Plug-and-Play LED Lighting and Cuts Utility Bills for Low Income School
More than 200 MW of installations across the United States and South America, and a robust pipeline of projects under development
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