27/05/2017
A new report says that using wood pellets to generate low-carbon electricity is a highly flawed policy
Astronomers have discovered seven Earth-sized planets orbiting a single star – a record number.
A third runway at Heathrow can only be justified if it does not breach climate change laws, MPs say.

Renewable Business

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, announced recently that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term for two of its solar farm power projects in Australia with the Bank of Tokyo-Mitsubishi UFJ, Ltd. (“MUFG”) and Clean Energy Finance Corporation (“CEFC”).

The 17MW Longreach project and larger 30MW Oakey project in Queensland are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. The solar power projects are expected to generate clean energy to power nearly 12,000 homes under a 20-year contract for differences awarded under the Queensland government’s Solar 150 program. These projects have been awarded AUD3.5 million (US$2.7 million) grant funding from the Australian Renewable Energy Agency (“ARENA”).

“We are pleased to secure the financial backing from MUFG and CEFC, alongside the funding support from ARENA. These projects will directly contribute to the Queensland government’s commitment to generating 50 percent of its electricity needs from affordable clean energy by 2030. We look forward to making further investments in Australia as we execute on our development pipeline”, commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.

Popular Posts

Rhode Island College Named 2017 U.S. Department of Education Green Ribbon School

RNN Live at the 2017 Sundance Film Festival

EPA Awards $1.09 million DERA Grant for Electric Ferry

Financing for Climate Friendly Investment

GE Harvesting Energy in First U.S. Offshore Wind Farm

Biodiesel Helps Woman-owned Business Grow

Energy By The Numbers: An Energy Revolution

RSS More From The Web

RSS BBC News – Education & Family

Loading...
UA-41143051-1