CalEnergy Resources completed the acquisition of Suntop and Gunnedah from Canadian Solar.

CalEnergy Resources, a company that participates in upstream oil and gas, completed the acquisition of Suntop and Gunnedah, solar farms totaling 345 MWp in New South Wales, Australia, from Canadian Solar, a manufacturer of solar photovoltaic modules. Financial terms were not disclosed. "We are delighted to work with CalEnergy in Australia to grow their renewable energy portfolio. The sale of these projects in New South Wales paves the way for a strong collaboration between our respective companies. In Australia, we have now brought seven development projects to NTP (notice-to-proceed) and beyond, and continue to develop and grow our multi-GW solar and storage pipeline. I look forward to continuing to contribute to Australia's decarbonization and renewable energy growth ambitions," Dr. Shawn Qu, Canadian Solar Chairman and CEO.