Advertisement
Advertisement

In Depth

Improved Technology Leads To Less Consumption Of Indium

26 June 2019

New energy is not a new term in the past decades, and the promotion of new energy development such as solar energy has been included in the national strategy for many countries like China, Saudia Arabia and many others.

Solar Energy, Storage, Electricity Distribution & Projections

19 June 2019
Solar Energy, Storage, Electricity Distribution & Projections

Past: It has been an incredible journey for Solar PV industry during the last decade.

Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

14 June 2019
Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

The recent tender auctions of 1200 MW by SECI saw an active participation from 6 developers. Ayana Renewable (CDC), Renew, Azure & Mahindra Susten won the entire bidded capacity. Avaada Energy won 50MW of the 350MW bidded capacity. Company Name Status Bid Capacity Awarded Capacity Quoted Tariff...

India Solar Policy Update - May 2019

12 June 2019
India Solar Policy Update - May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

Pooled Structures And InvITs To Boost Market Access For Developers

12 June 2019
Pooled Structures And InvITs To Boost Market Access For Developers

Nuanced structures in pooling of assets such as obligor/co-obligor or Infrastructure Investment Trust would propel refinancing of the infrastructure assets, says India Ratings and Research.

India Solar Policy Update - April 2019

13 May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

« »
Advertisement
advertisement

UPCOMING EVENTS

Advertisement

SolarQuarter Tweets

Sneak Peek from on going event SolarRoofs Tamil Nadu at Aloft Hotel, IT Expressway, Chennai. solarroofs… https://t.co/CBIZSvQ3Vz
About 3 hours ago
India Solar Week 2019 is almost here! Buy your ticket today https://t.co/MLhS4umtrj See you on Jul 11, 2019!
Tuesday, 25 June 2019 07:30
SolarRoofs Tamil Nadu 2019 is almost here! Buy your ticket today https://t.co/9SaZxZ0T0p See you on Jun 26, 2019!… https://t.co/CICaMQHAG7
Tuesday, 25 June 2019 05:30

Canadian Solar Increases Global Guarantee Facility from EDC to US$125 Million

Canadian Solar Inc., one of the world's largest solar power companies, today announced it has closed a $125 million global guarantee facility with Export Development Canada ("EDC"), Canada's export credit agency. The facility was increased to US$125 million from US$100 million, and will support existing and future project development activities undertaken by Canadian Solar across North America, Latin America, Europe, Asia and Australia.Canadian Solar Inc., one of the world's largest solar power companies, today announced it has closed a $125 million global guarantee facility with Export Development Canada ("EDC"), Canada's export credit agency.

 

The facility was increased to US$125 million from US$100 million, and will support existing and future project development activities undertaken by Canadian Solar across North America, Latin America, Europe, Asia and Australia.


Under the global facility, EDC will provide Performance Security Guarantees for up to US$125 million to cover credit exposure of Royal Bank of Canada and China Construction Bank Corporation on letters of credit and letters of guarantee issued on behalf of Canadian Solar.


"We highly value our relationship with EDC as we continue to promote clean, reliable and emission-free solar energy worldwide. This represents the fourth consecutive year of financial support from EDC, testament to our leading position in the global solar industry," commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, "This expanded global facility provides us with a flexible capital source and enhances our capacity and competitiveness across multiple solar development opportunities."

Advertisement