Aurora Solar Tech infrared tool upgraded for HJT cell measurement
The Canadian firm’s Decima Gemini infrared measurement technology has been updated to measure performance and characteristics of transparent conductive oxide layers key in heterojunction cell technology.
Guggenheim: Sale of CAFD, NYLD casts doubt on the yieldco space
A research note by Guggenheim Securities says that the discounted sales of NRG Yield and 8point3 Energy Partners show how difficult it has been for investors to accurately value yieldcos, and undermines confidence.
Canadian Solar closes UK refinancing deal, signs 105 MW O&M contract in Canada
In the U.K., Canadian Solar Inc. has closed a refinancing deal worth GBP41.9 million (US$56 million) with BayernLB. Meanwhile, in Canada, it has signed an Operation & Maintenance (O&M) agreement with Axium Infinity Solar LP for eight PV plants totaling 105.5 MW.
Renewables rising in Canada, but solar still sidelined — report
Renewable energy developers connected roughly 1.29 GW of new capacity to the Canadian grid in 2016, but solar remains a negligible part of that growth, accounting for just 0.5% of total nationwide electricity generation last year, according to the National Energy Board (NEB).
Updated: Silfab, Morgan Solar JV targets 30% module cost reductions, plans large-scale production
In a unique partnership, the two Canadian companies are set to integrate low concentration optic technology into standard solar PV modules, in a move which they say will see cost savings of up to 30% and a silicon reduction of up to 80%. A “significant” factory ramp up is underway, with large-scale plans in the pipeline.
SUSI to provide $94.3 million to back Canadian storage projects
A fund managed by Swiss investment firm SUSI Partners AG has agreed to provide C$120 million (US$94.3 million) of financing to a unit of energy storage developer NRStor for lithium-ion storage projects in Canada.
TerraForm Power refinances with $350 million term loan facility
On the heels of its acquisition by Brookfield, the yieldco is putting its financial house in order.
Shareholder vote puts Brookfield closer to TerraForm Global acquisition
Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.
Canada’s Nova Scotia launches program for community solar
Canada’s second smallest province, Nova Scotia, has announced the launch of the Community Buildings Pilot Program, an initiative that is expected to spur the development of community solar projects throughout the region.
GCL unit pays first tranche of $30 million investment in Millennial Lithium
A unit of China’s GCL group has moved forward with a $30 million strategic investment in Millennial Lithium by finalizing the first of two payments for a 17% stake in the Canadian exploratory mining firm.
