Canadian Solar achieves new milestone in Japan solar market

Canadian Solar announced that it has started construction of two new solar power projects, totaling 12.9 MWp in Japan.

The 10.77 MWp Shizuoka Project will utilize 32,640 Canadian Solar MaxPower modules and is expected to generate approximately 12,971 MWh of clean electricity per year. Commercial operation of the project is expected in Q4 2018.

The 2.1 MWp Miyagi Project will use 6,650 MaxPower modules and is expected to generate approximately 2,400 MWh of power every year. The Company expects the project to reach commercial operation in Q3 2018.

Power from both plants will be sold to Tokyo Electric Power under a 20-year feed-in-tariff contract at the rate of JPY36.0 ($0.32) per kWh.

“With the addition of these two projects, the portfolio of Canadian Solar’s under-construction or operating assets is well-diversified across 18 prefectures throughout Japan,” said Shawn Qu, chairman and chief executive officer of Canadian Solar.

“The Miyagi project, marks our first project under-construction in a region severely impacted by the Great East Japan Earthquake,” Qu added. “Canadian Solar is honored to contribute to the on-going revitalization effort, and look forward to being a part of the continued developments within the region.”

Rajani Baburajan

editor@greentechlead.com