Canadian Solar has signed a loan agreement with Royal Bank of Scotland for £19.2m to build seven solar plants totalling 38MWp in the UK.
Canadian Solar chief executive officer Shawn Qu (pictured) said: “We are pleased to announce the term loan facility with RBS that will support the construction of seven solar systems and expand our fleet of solar plants in the UK by 38 MWp, to 78 MWp.
“We are also pleased with the execution of our energy business plan across all of our key markets as we continue to successfully develop, finance and build high quality solar energy assets in low risk geographies.”
In the past 14 years, Canadian Solar has deployed over 12GW of PV modules in over 70 countries around the world.
