Showing posts with label Dr. Shawn Qu. Show all posts
Showing posts with label Dr. Shawn Qu. Show all posts

Tuesday, August 23, 2016

Canadian Solar Begins Operation of 100 Megawatt Mustang Solar Power Project

GUELPH, ONTARIO, CANADA --(eSolarEnergyNews)-- Canadian Solar, one of the world's largest solar power companies, today announced that its wholly owned subsidiary Recurrent Energy has reached commercial operation of the 100 MWac/134 MWp Mustang solar power project in Kings County, California.

"The commercial operation of the Mustang solar project continues a historic year that will see Recurrent Energy complete more than one gigawatt of U.S. solar photovoltaic (PV) projects," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.

In 2015, Recurrent Energy secured a tax equity investment commitment for the Mustang project from U.S. Bancorp Community Development Corporation (USBCDC).

Wednesday, August 10, 2016

Canadian Solar Selected for 63 MW Solar Power Project in Mexico

GUELPH, ONTARIO, CANADA --(eSolarEnergyNews)-- Canadian Solar, one of the world's largest solar power companies, today announced that it has won a 63 MWp solar power project in Aguascalientes, Mexico. Canadian Solar will develop and build the solar power plant.

Once connected to the grid, the electricity generated will be sold to CFE (Comisión Federal de Electricidad), under a 15-year Power Purchase Agreement for energy and capacity and 20-year for Clean Energy Certificates at approximately US$47.95/MWh. The project is expected to be connected to the grid in September 2018.

"We are delighted to announce this win in Mexico which expands our late stage solar project pipeline in OECD countries, and positions us well for further growth in this important emerging market," commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.

 "Our ability to win this competitive bid is a testament to our strength as a global tier 1 leader in the solar industry. We look forward to build on our momentum to expand our global presence and help accelerate the adoption of solar energy to mitigate climate change in the region and around the world as we continue to focus on our corporate vision of making a difference to the planet."

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Thursday, May 28, 2015

Canadian Solar Supplies Modules to Turkey's Largest Solar PV Plant

Canadian Solar Supplies Modules To Turkey's Largest Solar PV PlantGUELPH, ONTARIO--(eSolarEnergyNews)--  Canadian Solar  today announced that it has supplied modules to Turkey's largest PV project, the Kayseri Organized Industrial Zone PV Plant.

The 7.5 MW (AC) ground-mounted PV plant is located in one of Turkey's largest industrial zones, the Kayseri Organized Industrial Zone (KOIZ). The plant uses 27,252 pieces of Canadian Solar CS6P-255P modules to reduce the electricity costs for the zone's 86 million kWh/month energy consumption.

On April 18th 2015, the official opening ceremony for Turkey's largest PV plant was organized in Kayseri with special attendance of the Turkish Minister of Energy and other top-level government officials.

The 950 companies producing in the zone now profit from reduced energy costs as the plant generates 10.95 MWh electricity per year, while offsetting CO2 emissions by 7,728 metric tons.

"We are pleased to have been selected to supply our PV modules to the Kayseri Organized Industrial Zone Project. I am confident that Canadian Solar's global experience, proven track record, and consistent product performance will continue to make us a partner of choice in supplying our modules to key solar installations worldwide," said Dr. Shawn Qu, Chairman and Chief Executive officer of Canadian Solar.

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