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
Solar Trust Centre Team
