Canadian Solar subsidiary Recurrent Energy has closed non-recourse project financing for its 119 MW Horus Solar project in Mexico’s Aguascalientes region, funded by Korea Eximbank and KEB Hana Bank.
The project reached Commercial Operation Date last March and has been operating since. It was awarded a PPA during Mexico’s third renewables auction through which it will sell 75% of electricity generated for 15 years and Clean Energy Certificates for 20 years. The remaining 25% will be sold on the spot market.
“The Horus project is a great example of the high value projects that we aim to develop and finance across the world,” says Ismael Guerrero, CEO of Recurrent Energy. “Thank you to our partners at KEXIM and KEB Hana Bank, together with the project sponsors KEPCO and Sprott, for helping enable this solar project that will bring more emissions-free power to Mexico. We remain committed to the Mexican market that boasts some of the best fundamentals worldwide for solar development.”
Recurrent owns 49% of the project, with Korea Electric Power Corporation owning 15% and Sprott owning 36%.
The post Recurrent Energy Closes Financing for 119 MW Mexico Project appeared first on Solar Industry.
I suppose there are people who believe that the radical left is on a path to make Christianity illegal, and perhaps to install Islam as the official religion of the United States. This is remarkable for two reasons:
a) Every schoolchild in America learns about the First Amendment’s guarantee of freedom of religion at a very young age, and
b) This country made it successfully though 250 years with no one being ignorant enough to bring up this ridiculous concern.
One would hope that this figure of near 60% would indirectly translate into Trump’s ouster before he can take full control of the U.S. government.
We vote Trump’s stooges out of office in November and replace them people of honor. Trump is impeached, convicted and removed. From there, justice takes its course.
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