Canadian Solar Inc (NASDAQ:CSIQ) has received financial
support for the 191-MWp Pirapora I scheme and some other solar projects in the
Brazilian state of Minas Gerais, it announced on Monday.
The company has obtained USD 20 million (EUR 18.9m) in
unsecured funding from the China and Portuguese-speaking Countries Cooperation
and Development Fund (CPDFund) to back eligible projects in the above-mentioned
state.
The Pirapora I solar park is currently being built and is
expected to be finalised in the third quarter of the year. In October 2016, EDF
Energies Nouvelles' local subsidiary bought an 80% stake in the asset from
Canadian Solar.
Canadian Solar noted that its investments into Brazil’s
solar sector include the operation of a 380-MW solar module factory and the
development of a further 207 MWp of solar projects with 20-year power purchase
agreements (PPAs).
No comments:
Post a Comment