Canadian Solar Inc. (Guelph, Ontario) on March 6th,
2017 announced that it has received USD 20 million unsecured funding
from the China and Portuguese-speaking Countries Cooperation and
Development Fund (CPDFund) to support the development of eligible solar
photovoltaic (PV) projects in Brazil, including the 191 MWp Pirapora I
Project in the state of Minas Gerais.
The Pirapora I PV project is currently under
construction and is expected to be completed in the third quarter of
2017. Once operational, the PV plant will generate 391.3 GWh of solar
power per year, enough to meet the annual energy needs of more than
200,000 Brazilian households.
In October 2016, Canadian Solar announced the sale
of 80% interest in the project to EDF Energies Nouvelles' local
subsidiary, EDF EN do Brasil.
Canadian Solar's investments to accelerate solar
energy generation in Brazil include the operation of the country's
largest solar PV module manufacturing facility with annual capacity of
380 MW and the development of a further 207 MWp of solar energy projects
with 20-year power purchase agreements (PPAs).
source:http://www.solarserver.com
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