Canadian Solar Inc. (CSIQ-Q) reported net revenue of $1.2 billion in Q4 (all figures US), a 20 per cent decline from the year prior, as sales of the Kitchener, Ont.-based company’s solar modules and battery energy storage systems slumped.
Just weeks after turning on the biggest battery energy storage facility in Canada, the economic development arm of the Six Nations of the Grand River announced it closed $700 million in financing for two more such projects with Aypa Power.
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