The
loan
facility
–
described
by
Canadian
Solar
as
“ground-breaking”
–
will
help
finance
the
construction
of
projects
in
the
province
into
2014.
Last
month
Canadian
Solar
said
it
will
acquire
a
majority
stake
in
16
Ontario
solar
projects,
representing
approximately
200MW,
from
SkyPower,
a
leading
developer
in
Canada.
Canadian
Solar
will
pay
about
C$185m
for
the
projects,
15
of
which
have
20-year
feed-in
tariff
(FIT)
contracts.
Canadian
Solar
became
the
subject
of
a
flurry
of
excitement
on
the
stock
market
in
April
amid
rumours
that
China
National
Offshore
Oil
Corporation
(CNOOC)…
