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Canadian Solar Team Up With Photon Energy In Building 1.14 Gigawatts Of Solar

Based on the agreement, Canadian Solar will own 51% shares in each of Photon Energy’s 5 project companies in Australia.

by Jon Capistrano February 9, 2018, 2:02 pm

Canadian Solar has partnered with Photon Energy to develop 5 utility-scale solar power projects that will total 1.14 megawatts in New South Wales, Australia as reported by PV Tech.

Here are the key details about the partnership:

Canadian Solar will own 51% shares in each of Photon Energy’s 5 project companies in Australia.
The project will include a 316 megawatt project in Gunning, which is owned by Photon Energy.
The other 4 projects will be co-developed by Photon Energy and Polpo Investment.

This transaction represents an exciting moment for the Photon Energy Group with our long-term commitment to the Australian market bearing fruit. This cooperation marks a tangible achievement of the entire team in Australia who have gained the trust of a leading global player in the solar industry such as Canadian Solar.

Georg Hotar, CEO of Photon Energy NV

Click here to read the full story on PV Tech

Written by Jon Capistrano

Jon specialises in research and content creation for our outreach campaigns. He’s worked as a technical support representative for Dell, America Online, Xbox and Dodo Australia. He’s an avid scooterist and musician.