Advertisement
Advertisement

In Depth

Solar Energy, Storage, Electricity Distribution & Projections

19 June 2019
Solar Energy, Storage, Electricity Distribution & Projections

Past: It has been an incredible journey for Solar PV industry during the last decade.

Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

14 June 2019
Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

The recent tender auctions of 1200 MW by SECI saw an active participation from 6 developers. Ayana Renewable (CDC), Renew, Azure & Mahindra Susten won the entire bidded capacity. Avaada Energy won 50MW of the 350MW bidded capacity. Company Name Status Bid Capacity Awarded Capacity Quoted Tariff...

India Solar Policy Update - May 2019

12 June 2019
India Solar Policy Update - May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

Pooled Structures And InvITs To Boost Market Access For Developers

12 June 2019
Pooled Structures And InvITs To Boost Market Access For Developers

Nuanced structures in pooling of assets such as obligor/co-obligor or Infrastructure Investment Trust would propel refinancing of the infrastructure assets, says India Ratings and Research.

India Solar Policy Update - April 2019

13 May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

Solar Energy: The Perfect Match For EVs

06 May 2019
Solar Energy: The Perfect Match For EVs

EVs and Solar as a supporting source of power. Recently there has been much hype around EVs what with the Indian government pledging to replace petrol and diesel cars with EVs by 2030.

« »
Advertisement
advertisement

UPCOMING EVENTS

Advertisement

SolarQuarter Tweets

India Solar Week 2019 is almost here! Buy your ticket today https://t.co/MLhS4umtrj See you on Jul 11, 2019!
About 9 hours ago
SolarRoofs Tamil Nadu 2019 is almost here! Buy your ticket today https://t.co/9SaZxZ0T0p See you on Jun 26, 2019!… https://t.co/CICaMQHAG7
About 11 hours ago

Canadian Solar Expands Credit Facility with Sumitomo Mitsui Banking Corporation to JPY 10.7 Billion

Canadian Solar Inc. one of the world's largest solar power companies, today announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has renewed and extended its credit facility to JPY 10.7 billion, with a syndicate of 10 lenders led by Sumitomo Mitsui Banking Corporation.

The new SMBC credit facility extends the 2019 debt maturity to 2022 and increases the capacity of that facility from JPY 9.6 billion to JPY 10.7 billion. This facility is unsecured and proceeds from the long-term debt will further enhance Canadian Solar's flexibility to develop its solar pipeline in Japan and fund general corporate working capital requirements.

"We value our long-term partnership with SMBC and our syndicate lenders. We have successfully raised in excess of JPY 25 billion of credit lines with the broader Sumitomo Mitsui Financial Group over the last two years," commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, "The new facility reflects the strength of our business and provides us with enhanced liquidity and flexible funds to grow the Japan business through our well-established solar development track record and financing capability."

Advertisement