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Canadian Solar Secures Financing For 79MWp Solar Project In Brazil

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    Canadian Solar Secures Financing For 79MWp Solar Project In Brazil

    • 16 Jun 2022
    • Brazil
    • Infrastructure

    News: Canadian Solar has secured BRL136.0mn (USD26.6mn) non-recourse project financing from Banco do Nordeste do Brasil to support the construction and operation of the 79MWp Lavras II solar project in Brazil. Copel Energia, a unit of Copel - Companhia Paranaense de Energia, will purchase electricity from the facility under a 15-year power purchase agreement. Commercial operations are likely to start in Q222 (Renewables Now).

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