Canadian Solar selling GoldLight project to DIF Infrastructure

By Editor


Canadian Solar Inc is selling its 10MW AC GoldLight solar power plant at Georgina in Ontario, Canada, to an affiliate of DIF Infrastructure III.

The plant is valued at more than 68 million Canadian dollars and uses about 46,800 CSX6-300|305|310P panels produced by Canadian Solar. Goldlight project began commercial operation on January 30 and is to sell electricity to Ontario Power Authority under a 20-year feed-in tariff contract.

“The GoldLight project adds to DIF’s growing portfolio of North American renewable energy projects,” Paul Huebener, the Head of DIF Americas, said.

Dr Shawn Qu, the chairman and chief executive officer of Canadian Solar, said: “Our successful cooperation with DIF highlights our shared commitment to expand the use of renewable solar energy in North America.”

Canadian Solar was founded in Canada in 2001 and has expanded service across the country since inception. The company has deployed 9 GW of solar modules in more than 70 countries of the globe. Also, the company is among the most bankable in the world and listed publicly on NASDAQ since 2006.

Ajith Kumar S

[email protected]

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