Canadian Solar's utility-scale storage retrofit, Bangaldesh large connects to the grid

Oct 20, 2020 04:18 PM ET
  • A round-up of the current information from the solar project growth as well as money sub-sectors, consisting of news from Canadian Solar, Capital Dynamics and also Huawei.
Canadian Solar's utility-scale storage retrofit, Bangaldesh large connects to the grid
Image: Huawei

Canadian Solar register for 75MW/300MWh solar-storage retrofit

19 October: Canadian Solar has actually authorized an agreement to give a 75MW/300MWh lithium-ion battery storage solution to be retrofitted onto an existing solar farm in California.

Under the deal, signed with Goldman Sachs Renewable Power, the vertically incorporated solar supplier and programmer will certainly retrofit the storage facility for the 100MWac Mustang solar plant, based in King's County, California.

The project was established by Recurrent Energy, Canadian's completely owned project development subsidiary, and also connected to the grid in August 2016. It was sold on to Goldman Sachs in May of last year.

For much more on this tale, visit our sibling magazine Energy-Storage. news.

Bangladesh's biggest PV project attaches to the grid

20 October: Bangladesh's largest utility-scale solar project has actually linked to the nation's national grid.

The 73MW project, situated in Mymensingh, was efficiently connected to the grid in very early October and also will certainly make a substantial payment to the nation's objective of obtaining 10% of its power from renewables by 2021-- needing greater than 3.1 GW of renewables to come onstream.

The project has been developed using string inverters supplied by Huawei. The maker's SUN2000-185KTL inverters, featuring IP66 high-level security and anti-PID innovations were specifically picked to maintain high yields in spite of Bangladesh's humid climate.

" Bangladesh is a new market for us nonetheless we have actually seen wonderful energy in the past year ... We look forward to continuing to bring our most current innovations and also eco-friendly energy to the local market and also assisting the area to increase its energy digitalisation as well as change," Bruce Li, director of Asia Pacific electronic power organization at Huawei, claimed.

Capital Dynamics, Sol Systems JV lands 2nd tranche of tax obligation equity commitment funding

19 October: A joint endeavor between possession management firm Capital Dynamics as well as Sol Systems has secured Distributed Tax Equity Commitments from the Bank of America for a pipe of solar projects.

The JV, referred to as Sol Customer Solutions, has actually protected a second tranche of funding, prospering a very first tranche of financing which was clinched earlier this year to support 20 projects at numerous phases of advancement, completing around 30MWdc.

The 2nd tranche of funding under the tax obligation equity commitment was safeguarded last month and also will certainly seed four additional projects, consisting of 3 new projects for Walmart to be finished in California.

The complete tax equity dedication is structured to continue yet year, with the purpose of sustaining up to 76MWdc of projects by the end of 2021.


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