Recurrent Energy, a solar power and energy storage subsidiary of Canadian Solar Inc., will receive a $500 million investment from BlackRock’s Climate Infrastructure fund to grow as a developer that operates around the world.
Canadian Solar Inc. (CSIQ-Q) reported record-breaking results in Q2, despite missing out on its profit and revenue guidance and lowering its revenue expectation for Q3. The company announced a 39 per cent increase in net revenues quarter-over-quarter to $2.36B.
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