Canadian Solar Sells Stake in 191-MW Brazil Project


By Editors of Power Engineering

Canadian Solar Inc. has sold its 80 percent stake in a 191.5-MW solar project in Minas Gerais, Brazil.

The report from analyst firm Zacks indicates Canadian Solar sold its stake in Pirapora I to EDF EN do Brazil, an affiliate of EDF Energies Nouvelles.

The project is slated to begin production in the third quarter of 2017, and it already has a 20-year power purchase agreement.

Even after the sale of its stake, Canadian Solar will provide materials for the project from its new factory in Brazil. 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...