Canadian Solar Completes Sale of 30.4MW Solar Plant to CSIF

게시됨 2018. 9. 10.
CSI Solar 
Canadian Solar Inc. announced that it has completed the sale of three additional solar power plants totaling 30.4MWp for JPY11.5 billion to the Canadian Solar Infrastructure Fund, Inc. in Japan. This expands CSIF's current capacity to 105.6MWp from 75.2MWp.

The 30.4MWp portfolio consists of the 27.3MWp Daisen-cho Plant (CS6X-320P) in Tottori Prefecture, the 2.1MWp Ena-shi Plant (CS6U-325P) and the 1MWp Takayama-shi Plant (CS6U-330P) in Gifu Prefecture. The plants reached commercial operation in August, September and October 2017, respectively. The electricity generated is being sold under 20-year feed-in-tariff contracts at the rate of JPY40/kWh, JPY32/kWh and JPY32/kWh, respectively.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "We are pleased to complete the additional solar power plant asset drop down to our partner CSIF in Japan. This is another example of our successful global asset monetization strategy, which is the foundation for building greater value for Canadian Solar and all shareholders. Our asset management team is doing an excellent job executing on CSIF's growth strategy in Japan and has quickly crossed the important 100MWp milestone threshold. We expect there will be additional mutually beneficial asset drop down opportunities with CSIF in the future."


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