In Q2 2021, UGE continued to grow its business of developing, building, financing, and operating commercial and community solar facilities, seeing its project backlog reach 83.7MW and its overall project pipeline reach 441MW by quarter-end. Meanwhile, the Company strengthened its team by adding several key hires, positioning itself for further growth.
Toronto, Ontario–(Newsfile Corp. – January 16, 2024) – UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the “Company” or “UGE”), a leader in commercial and community solar, announces milestones and business updates for the fourth quarter ending December 31, 2023. Four New Projects Energized During the quarter, UGE reached commercial operation on its 1MW project in Norway, […]
It was an exciting start to the year for UGE and for the solar sector as a whole. Demand for solar continues to grow worldwide, with BloombergNEF projecting that up to 252 new gigawatts of solar will be installed in 2022, a significant increase from the 183 gigawatts that were installed in 2021. Community solar […]
UGE closed today an offering (the “Offering“) of 6.5% convertible debentures (the “Debentures“). The Company issued Debentures in the aggregate principal amount of $2,000,000. The Debentures are unsecured, mature on October 31, 2023, and accrue interest at the rate of 6.5% per annum. The principal amount of the Debentures is convertible into common shares of […]