Canadian Solar to Supply 60 MWp of PV Modules and Power Stations for Windsor Solar Project to Samsung and Connor, Clark & Lunn
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has secured contracts to supply 50 MW AC (60 MW DC) of MaxPower CS6X Ontario-made solar panels and 30 medium voltage power stations for the Windsor Solar LP facility. This utility-scale solar project, developed by Samsung Renewable Energy Inc. ("Samsung") and Connor, Clark and Lunn Infrastructure ("CC&L Infrastructure"), will be built in the City of Windsor, Ontario.
GUELPH, Ontario, Jan. 15, 2016 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has secured contracts to supply 50 MW AC (60 MW DC) of MaxPower CS6X Ontario-made solar panels and 30 medium voltage power stations for the Windsor Solar LP facility. This utility-scale solar project, developed by Samsung Renewable Energy Inc. ("Samsung") and Connor, Clark and Lunn Infrastructure ("CC&L Infrastructure"), will be built in the City of Windsor, Ontario.
The power plant is expected to produce approximately 86,500 MWh of electricity per year, sufficient to power approximately 8,204 Canadian homes. It will also contribute to a greener environment by displacing approximately 59,646 metric tons of carbon dioxide emissions annually over the 20-year period of the power purchase agreement with the IESO.
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "Canadian Solar takes great pride in supplying solar modules and medium voltage stations to solar projects in Ontario, such as this Windsor solar facility. Together with Samsung and CC&L Infrastructure, we continue to make the difference to the Ontario project landscape, including further energizing Southgate Solar later this quarter."
About Canadian Solar Inc.
Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully deployed over 12 GW of premium quality modules in over 70 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publically listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on Facebook, Twitter, LinkedIn, or on the website.
About Samsung Renewable Energy Inc.
Samsung Renewable Energy (Samsung) is creating clean, renewable energy for generations to come. Together with our partners, Samsung is making a $5-billion investment in Ontario to create the world's largest cluster of wind and solar power. Our investments will create 900 direct renewable energy manufacturing jobs and 9,000 high-skilled jobs in Ontario. Built on Samsung C&T's commercial and technical expertise and the success of its renewable energy projects in several countries - including the United States and Europe - Samsung is creating real jobs, through real investment, benefitting real people. For more information, please visit www.samsungrenewableenergy.ca.
About Connor, Clark & Lunn Infrastructure
Connor, Clark & Lunn Infrastructure invests in middle-market infrastructure and infrastructure-like assets with highly attractive risk-return characteristics, long lives and the potential to generate stable cash flow. Connor, Clark & Lunn Infrastructure is a part of Connor, Clark & Lunn Financial Group Ltd., a multi-boutique asset management firm whose affiliates collectively manage over $63 billion in assets. For more information, please visit www.cclinfrastructure.com.