Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona [Yahoo! Finance]
Canadian Solar Inc. - Common Shares (CSIQ)
Last canadian solar inc. - common shares earnings: 3/26 06:00 am
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Source: Yahoo! Finance
GUELPH, ON June 20, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona . Construction of the 1,200 MWh Papago Storage is slated to commence in the third quarter of 2024, with commercial operations expected to begin in the second quarter of 2025. The project holds a 20-year tolling agreement with Arizona Public Service Company and is expected to create 200 jobs during construction. Following construction, Recurrent Energy will own and operate Papago Storage. The project will dispatch enough power for approximately 244,000 homes for four hours daily, enabling renewable energy to further power Arizona's growing economy. MUFG and Nord/LB acted as coordinating lead arrangers for the Papago Storage project fina
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News
- Recurrent Energy Closes $103 Million Tax Credit Transfer Agreement with Bank of America for North Fork Solar Project [Yahoo! Finance]Yahoo! Finance
- Recurrent Energy Closes $103 Million Tax Credit Transfer Agreement with Bank of America for North Fork Solar ProjectPR Newswire
- Solar Photovoltaic Services Market size is set to grow by USD 24.32 billion from 2024-2028, Increasing new installations and aging asset base of solar PV modules to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Canadian Solar Inc. Announces Results of 2024 Annual Meeting of Shareholders [Yahoo! Finance]Yahoo! Finance
- Canadian Solar Inc. Announces Results of 2024 Annual Meeting of ShareholdersPR Newswire
CSIQ
Earnings
- 5/9/24 - Beat
CSIQ
Analyst Actions
- 6/12/24 - UBS
CSIQ
Sec Filings
- 6/21/24 - Form 6-K
- 6/20/24 - Form 6-K
- 6/12/24 - Form 144
- CSIQ's page on the SEC website