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The funding across multiple projects will support Canadian Solar's plan to build one of the largest high efficiency bi-facial solar power plants in Latin America.
Recom plans to manufacture bi-facial, half-cut PV modules there to serve mainly European projects, as well as the US and Asia.
Caption: Bi-facial panels have solar cells on both sides in order to absorb the energy from sunlight
The installed plants use bi-facial panels that can absorb sun rays from two opposite directions.
Canadian Solar will supply to the projects the bi-facial modules, including from its manufacturing facility in Brazil.
Commenting on the development, Raymond Carlsen, chief executive officer of Scatec Solar said: "This [solar plant] is our first power plant with bi-facial solar panels, capturing the sun from both sides of the panels to increase the total clean energy generation."
The second stage will use half-cut solar cell technology, while the third stage will use bi-facial solar cell technology.
The contract has been signed to provide Bi-facial Solar PV Modules, a technically innovative product available on the market.
MegaCell sign a strategic technical co-development and licence agreement with RCT Solutions for the innovative bi-facial photovoltaic poly-cristalline technology transfer.
and the National Renewable Energy Laboratory have developed TetraCell solar cells, which offer a bi-facial, high-efficiency ($3.09 per Watt-peak) solution for photovoltaic applications.
The plant's annual production capacity for bi-facial solar cells and modules would be approximately 100 megawatts.
M2 EQUITYBITES-April 26, 2017-Amtech awarded accelerated follow-on order for Bi-facial N-type technology turnkey line in China

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