04.12.2012: Chinese-Canadian solar company Canadian Solar Inc. has signed a financing agreement with Deutsche Bank worth $139 million. Canadian Solar will use the short-term construction financing loan to build five large-scale photovoltaic (PV) power plants in Ontario, Canada. The five projects have a combined capacity of 49 MW (AC) and are all due to come online by the end of 2013. Each of the projects has secured a 20-year power purchase agreement with the Ontario Power Authority, which runs Ontario’s feed-in-tariff (FIT) program. Once completed, the five projects will be acquired by energy company TransCanada Corp. Source: Canadian Solar Inc. http://www.canadiansolar.com http://phx.corporate-ir.net/phoenix.zhtml?c=196781&p=irol-newsArticle&
ID=1763536&highlight= The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/72343.pdf | 
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