Canada

Court strikes down Canadian solar makers’ attempt to stay solar tariffs

Three manufacturers with Canadian module assembly have had no luck in trying to get a preliminary injunction against the Section 201 tariffs.

Canada Pension Plan Investment Board world’s first to issue Green Bonds

Canada’s pension fund is the world’s first to establish a Green Bond. The growing acceptance for renewable energy assets from sovereign wealth funds indicates a solid and healthy business climate for renewable energy, and could have positive effects for the industry in the future.

Bilateral PPAs help independent retailers drive large scale Australian solar

Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.

Solar becoming par for the course in Japan

LG’s 56 MW PV park is the group’s largest in Japan and will join the string of energy schemes feeding big data into the conglomerate’s Energy Optimization Center, when it opens this year.

Greenbriar Capital secures financing for 100 MW of solar in Puerto Rico

The project is part of a 280 MW pipeline the Caribbean island is hoping to build in its effort to restore a safe and stable power supply to the population.

ADB finances its first utility-scale PV plant in $160 million deal

Asia’s largest IPP receives funds to develop renewable energy assets in line with Indonesia’s plans to increase renewable generation to 23% by 2025. The ADB’s support for PV at this scale is novel and could help overcome financing gaps that have hindered PV development in emerging nations

CDPQ takes majority stake in Invenergy Renewables

Invenergy plans to maintain day-to-day management of its renewable energy business, with the Québecois fund manager increasing its economic stake to 52%.

Ontario earmarks $70 million for solar, storage rebates

Under the GreenON’s Solar Rebates Program, homeowners will be able to install solar-plus-storage systems with a capacity of up to 10 kW, while businesses will be entitled to deploy up to 500 kW of rooftop PV capacity.

Grasshopper Solar gets $210 million financing from Deutsche Bank

The Canadian solar company will use the funds to expands its asset base and reach new business opportunities.

Ontario utility OPG makes room for solar at demolished coal power plant

The partnership between OPG and the Six Nations of the Grand River development Corporation is set to deliver 44 MW of solar energy when the plant is finished in 2019.

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