Canadian Solar completes sale of 61 MWp Japanese solar projects
Canadian Solar Inc. has completed the sale of two operational projects totaling 61 MWp to the Canadian Solar Infrastructure Fund (CSIF) for JPY30.6 billion (US$280.1 million).
To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over JPY18 billion (US$166 million) on the Tokyo Stock Exchange. Canadian Solar participated in this transaction and continues to own approximately 15% of CSIF.
CSIF has also issued over JPY19 billion (US$175 million) of long-term debt to maintain its capital structure.
Country updates
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March 24, 2021
JGC to build a 50.95 MW solar PV project in Tsu city
JGC HOLDINGS CORPORATION has announced that JGC JAPAN CORPORATION, which operates the domestic engineering business of the JGC Group, was awarded an order in December 2020 for the design, procurement,...
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March 17, 2021
GSSG Solar Partners III holds final close
GSSG Solar (GSSG), a solar focused renewable energy investment manager, has annunced the final closing of GSSG Solar Partners III L.P., and affiliated funds with US$196 million in aggregate capital co...
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March 15, 2021
JERA Co releases public document for public review of Southern Tsugaru Offshore Wind Power Generation Project
JERA Co., Inc. has submitted its Primary Environmental Impact Consideration Document for the planned Southern Tsugaru Offshore Wind Power Generation Project to the Minister of Economy, Trade, and Indu...
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March 15, 2021
Sonnedix closes project financing for 14 MW solar PV plant in Yamaguchi
Sonnedix Japan, on behalf of the Sonnedix Group of companies (Sonnedix Group), has completed a JPY5.45 billion (US$50.1 million) project financing with the Bank of Fukuoka. The financ...
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March 04, 2021
Ichigo commissions 7.39 MW Ichigo Yonezawa Itaya ECO Power Plant in Yamagata Prefecture
Ichigo Inc. has started the operation of its first ever wind farm. The company has built 51 solar farms before building the 7.39 MW Ichigo Yonezawa Itaya ECO Power Plant in Japan. The company has fun...
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