Kontrol Energy Corp to purchase 20 MW of solar power assets
The Canadian provider of energy efficiency and technology solutions has signed a letter of intent to acquire a number of solar power generation sites across Ontario.
Canada’s Potentia Renewables secures $78 million financing from La Caisse
Quebec’s investment fund has agreed to provide Ontario-based rooftop solar specialist with CA$ 107 million ($78.0 million) in debt financing.
Fiera Corporation buys shares in up to 921 MW-AC of U.S. wind, solar
The Canadian asset management firm has bought into a D.E. Shaw portfolio of assets in eight U.S. states.
Etrion posts $110.4 million net loss in 2016
The independent power producer recorded a net loss of $110.4 million from its continuing operations — up sharply from $27.5 million a year earlier — due to impairment expenses totalling $75.7 million, in addition to a net deferred tax write-off of $6.9 million.
ReneSola to build 550 MW globally in 2017
The Chinese integrated PV manufacturer and developer currently has 335 MW of solar capacity under construction in seven countries, with plans to finish 550 MW by the end of the year.
Gaz Métro acquires Standard Solar to enter U.S. commercial market
The acquisition allows the Maryland commercial firm to expand its service offerings and explore the possibilities of becoming an independent power producer.
BREAKING: Brookfield to take over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
TerraForm raises another $86 million for Ontario solar projects
The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as we wait on word of its settlement with SunEdison and potential sale to Brookfield.
Canada: Soventix to develop up to 140 MW across six sites
German-based project developer Soventix is set to develop up to 140 MW of PV in Alberta, Canada. The company is currently planning six projects with capacities ranging from 15 – 45 MW near the cities of Calgary and Edmonton.
Canadian Solar sells three PV power plants to Fengate for US$ 195 million
The solar farms, located in Sault Ste., have a combined capacity of 59.8 MW. Canadian Solar will continue to operate the PV plants on behalf of Fengate.
