Only last month Manulife handed Canadian Solar loans worth C$48m for its 14MW Val Caron project, which like Mighty Solar is under construction in the province of Ontario and due for completion during the second quarter of 2014.
Both projects fall under Ontario’s feed-in tariff programme.
Mighty Solar and Val Caron represent two of five utility-scale PV arrays profit-making Canadian Solar last year agreed to build for, and sell to, Concord Pacific, the Vancouver-based real-estate developer.
Despite
