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Canadian Solar announced the acquisition of a 97.
6 MW solar project
in Cafayat, Salta Province, Argentina.
It is understood that the project was awarded in Argentina's second public renewable energy tender (RenovAr 1.
5), denominated in US dollars at $56.
28/MWh
.
The two parties signed a 20-year power purchase agreement
.
Canadian Solar plans to begin construction of the plant
in July 2018.
EXPECTED TO BE CONNECTED TO THE GRID BY THE SECOND QUARTER OF 2019, THE PHOTOVOLTAIC PLANT WILL GENERATE ABOUT 235,777 MEGAWATT HOURS OF ELECTRICITY PER YEAR AND WILL BE SOLD TO CAMMESA
.
Dr.
Shawn Qu, Chairman and CEO of Canadian Solar, said: "This project is an important addition to our global late-stage project pipeline and represents a milestone in our project development in Argentina, where we see tremendous potential for solar growth, the results of past renewable energy tenders have demonstrated the competitiveness and reliability of solar energy, and we will develop more quality projects in Argentina to meet the growing demand for clean and reliable solar energy in the country
。 ”
(This article first published cable network: /, please indicate the source for reprinting)
Canadian Solar announced the acquisition of a 97.
6 MW solar project
in Cafayat, Salta Province, Argentina.
It is understood that the project was awarded in Argentina's second public renewable energy tender (RenovAr 1.
5), denominated in US dollars at $56.
28/MWh
.
The two parties signed a 20-year power purchase agreement
.
Canadian Solar plans to begin construction of the plant
in July 2018.
EXPECTED TO BE CONNECTED TO THE GRID BY THE SECOND QUARTER OF 2019, THE PHOTOVOLTAIC PLANT WILL GENERATE ABOUT 235,777 MEGAWATT HOURS OF ELECTRICITY PER YEAR AND WILL BE SOLD TO CAMMESA
.
Dr.
Shawn Qu, Chairman and CEO of Canadian Solar, said: "This project is an important addition to our global late-stage project pipeline and represents a milestone in our project development in Argentina, where we see tremendous potential for solar growth, the results of past renewable energy tenders have demonstrated the competitiveness and reliability of solar energy, and we will develop more quality projects in Argentina to meet the growing demand for clean and reliable solar energy in the country
。 ”
(This article first published cable network: /, please indicate the source for reprinting)
/