The already operational power plants sold for US$267.7 million comprise 272,000 Canadian Solar modules in total. Canadian Solar is set to provide operations and maintenance services to the plant, which could generate up to 142,000 MW per year for its new owner, based in the U.K.
Canadian Solar Inc, and EDF Energies Nouvelles have announced that their 191.5 MWp Pirapora I and Pirapora III 92.5 MWp solar energy plants in brazil, totalling 284 MW were connected to the grid in November 2017.
The latest in a series of high profile renewable energy acquisitions for the French energy giant, ENGIE has announced the acquisition of a 100% stake in Fenix International, a U.S. company active in the residential lease-to-own sector in several African countries.
The Dutch science-based company has announced plans to expand its product portfolio for solar, with the acquisition of China based Suzhou SunShine New Materials Technology (Sunshine), a manufacturer of PV backsheets.
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.
The Chinese group has finalized its acquisition of the entire equity interest in Luxembourg-based Notus Investments 2 S.à r.l., which owns 82.4 MW of operational solar capacity at six undisclosed sites throughout the U.K.
A declaration of intent has been signed by both parties. Renusol is set to be passed on as a brand and product to Parigroup, which already has a good working relationship with the PV assembly company.
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