Canadian Photo voltaic has accomplished the sale of two PV crops with a mixed capability of 345MWp within the Australian state of New South Wales.
Each the Suntop and Gunnedah tasks have energy buy agreements in place with Amazon, following offers introduced in 2020.
The installations have been purchased by CalEnergy Sources, a subsidiary of conglomerate Berkshire Hathaway that Canadian Photo voltaic has additionally signed a growth providers cope with. Underneath the settlement, CalEnergy and Canadian Photo voltaic construct out the latter’s renewables pipeline in Australia.
“The sale of those tasks in New South Wales paves the best way for a robust collaboration between our respective firms,” stated Shawn Qu, CEO at Canadian Photo voltaic, including that the agency has now introduced seven growth tasks to notice-to-proceed stage in Australia.
Canadian Photo voltaic partnered with renewables firm Photon Power again in 2018 to co-develop 5 photo voltaic tasks with a capability of 1,140MW in New South Wales. The pair carried out an alternate of venture rights final yr.
Canadian Photo voltaic additionally equipped its modules and was EPC contractor on the 275MW Darlington Level PV plant in New South Wales, which was the biggest photo voltaic venture put in in Australia final yr, in accordance with renewables affiliation the Clear Power Council.
The most recent asset divestment comes after Canadian Photo voltaic stated final month it could promote a 70% curiosity in two photo voltaic crops in Brazil with a mixed capability of 738MWp.
