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Recurrent Energy's Spanish Solar Expansion: 420MWp Portfolio Acquisition
Canadian Solar subsidiary Recurrent Energy has acquired a 420MWp PV portfolio in the south of Spain, specifically in the municipality of Seville. The portfolio consists of four projects, Rey I, II, III, and IV, which are currently under construction and will utilize Canadian Solar's TopBiHiKu7 N-type bifacial TOPCon technology modules.Once completed, the Rey portfolio is expected to produce approximately 916,000MWh of clean energy annually, serving the needs of over 275,000 homes in the region and displacing around 184,000 tonnes of CO2 emissions. This acquisition aligns with Recurrent Energy's goal to expand its assets in Spain and globally, while also contributing to local economic development and job creation.Ismael Guerrero, CEO of Recurrent Energy, expressed excitement about adding the Rey projects to their growing portfolio and emphasized the company's commitment to growing their development pipeline and assets through both greenfield development and strategic acquisitions. Recurrent Energy has projects in various stages of development in Spain and plans to start construction on over 1GW of solar projects in the country in 2024. What technology will be used in Canadian Solar's new 420MWp PV portfolio in Spain? Canadian Solar's new 420MWp PV portfolio in Spain will utilize TopBiHiKu7 N-type bifacial TOPCon technology modules The portfolio consists of four projects, Rey I, II, III, and IV, which are currently under construction Once completed, the Rey portfolio is expected to produce approximately 916,000MWh of clean energy annually The clean energy generated will serve the needs of over 275,000 homes in the region The projects will displace around 184,000 tonnes of CO2 emissions The acquisition aligns with Recurrent Energy's goal to expand its assets in Spain and globally Recurrent Energy plans to start construction on over 1GW of solar projects in Spain in 2024.
Mar 21, 2024 // Plants, Large-Scale, Commercial, Spain, Europe, recurrent energy
Mytilineos Acquires 230-MW Solar Project in Alberta
Westbridge has sold its 230-MW Georgetown solar project to Mytilineos SA, marking the Greek industrial group's entry into the Canadian renewables market. The CAD 47.6 million deal marks the start of an agreement for the sale and purchase of a 1,410-MWdc portfolio.
Dec 15, 2023 // Markets & Finance News, Mytilineos SA, Westbridge, Georgetown solar project
Two tactical Euro solar deals reported
State-owned power firm China Three Gorges is reportedly prepared to provide to EUR600 billion for 13 solar possessions possessed by X-Elio in Spain while Germany's ib vogt is up for sale, according to Reuters.
Jul 21, 2020 // Markets & Finance News, Canada, Spain, Sweden, France, Germany, China, Europe, Asia, Switzerland, North America, x-elio, Three Gorges
Reoccurring Power begin on the 300 MW PV and storage "Slate" project
is prepared for in late 2021. It will certainly use approximately 962,000 of Canadian Solar's high efficiency bifacial BiKu modules across about 2,400 acres. The project
Jan 14, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Canadian Solar, recurrent energy, Shawn Qu, Solar Project
United States to get rid of guard tariffs on solar imports from Canada
The US as well as Canada have agreed on a memorandum of understanding (MoU) to solve a dispute on trade in solar products, where the US will remove its safeguard tariffs on solar items from Canada.
Jul 8, 2022 // Markets & Finance News, Tariffs, USA, Canada, North America, MoU
5 bidders for Ecuador's solar+ storage tender
will certainly be disclosed at the end of the very first quarter of 2021. Canadian Solar Conolophus-- a system of Chinese-Canadian Solar manufacturer
Aug 26, 2020 // Plants, Large-Scale, Commercial, Storage, Ecuador, tender, South america, solar+storage
Canada's govt supports solar-plus-storage project in Yukon
The federal government of Canada today announced a CAD-15.5-million (USD 12m/EUR 11.8 m) investment in a solar-plus-storage project in the Yukon, the most northwestern area of the country.
Aug 19, 2022 // Markets & Finance News, Canada, North America, solar-plus-storage project, Yukon
The 1.9 MWp Solar project in Taiwan is ready for commercial use
solar plant is power-driven by 6,384 Canadian Solar modules. This company is among the top rated solar photovoltaic module producers in the world. According to
Dec 24, 2019 // Plants, Large-Scale, Commercial, Canadian Solar, solar pv, Taiwan, Dr. Shawn Qu, Solar Power Plant, TaiPower
CSI Solar indicators strategic partnership agreement to concentrate on renewables and also battery power storage space
and also risk-free batteries throughout various applications, while Canadian Solar is a very early moving company and among the principals in the worldwide
Nov 25, 2021 // Markets & Finance News, Storage, USA, Canadian Solar, North America, CATL, Shawn Qu, CSI Solar, Tan Libin
CIP sells Canadian solar farm
The 465 MWac/691 MWdc Travers project has actually been gotten by an Axiom Infrastructure Fund
Jan 25, 2023 // Plants, Markets & Finance News, PV Power Plant, CIP
Got $3000? Here Are 2 Solar Stocks to Buy and Hold for the Long Term
right here are two top stocks to acquire to ride on the solar wave. Canadian Solar Canadian Solar (NASDAQ: CSIQ) is a geographically varied supplier of
Dec 14, 2020 // Markets & Finance News, USA, Canadian Solar, SunPower, Enphase Energy, North America, Maxeon Solar
Goldbeck, PACE JV Sells 61-MWp Solar Park in Alberta
Goldbeck Solar and PACE sell 61-MWp Joffre solar park to Concord Green Energy, powering 12,000 homes in Alberta. Continued expansion in Canadian market with more projects on the horizon.
Mar 1, 2024 // Plants, Large-Scale, Commercial, alberta, PV Power Plant, PACE, Goldbeck Solar
China Three Gorges gets 570 MW of Spanish solar
The power company has won the race to acquire a 572 MW, 13-project solar plant portfolio owned by Madrid-based, Canadian-U.S.-controlled designer X-Elio.
Aug 20, 2020 // Markets & Finance News, Spain, China, Europe, Asia, x-elio, Three Gorges New Energy Co
ATCO Acquires RE Portfolio Worth C$ 730 M From Suncor Energy
It includes a diversified operating portfolio of wind assets-- consisting of the new 202 MW Forty Mile wind project in Alberta and a majority interest in the Adelaide wind facility in Ontario. The main declaration held that the transaction is expected to close in the first quarter of 2023.
Oct 10, 2022 // Markets & Finance News, power purchase agreement, Wind Energy, wind power, ATCO, Bob Myles, Canadian Utilities Limited, Nancy Southern, wind facility
TIU Canada combating in court to reconnect solar farm in Ukraine
Renewable resource company TIU Canada has actually brought to justice Nikopol Ferroalloy Plant (NFZ) for separating its 10.5-MW solar farm in Nikopol, southeastern Ukraine, in March 2020.
Jan 15, 2021 // Plants, Large-Scale, Commercial, Ukraine, Europe, solar farm, TIU Canada