Canadian Solar, Lightsource BP Indication 1.2 GW Module Supply Contract

• Canadian Solar has actually signed a multi-year module supply arrangement with Lightsource BP to deliver 1.2 GW of high effectiveness polycrystalline solar modules

Canadian Solar, one of the world’& rsquo; s biggest solar energy business, has actually revealed that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high effectiveness polycrystalline solar modules for tasks in the US and Australia.

Lightsource BP is an international market leader in the development, acquisition and long-term management of large-scale solar jobs and smart energy services.

“& ldquo; We are pleased to be working with Canadian Solar to deliver our worldwide pipeline. They are a bankable and industry-proven partner for our tasks. Our centralised procurement team selected these modules for their high-efficiency efficiency and we eagerly anticipate seeing the satisfying lead to the field soon,” & rdquo; commented Kareen Boutonnat, chief operating officer at Lightsource BP.

The projects will be utilizing Canadian Solar’& rsquo; s polycrystalline bifacial high power BiHiKu( CS3W-PB-AG) and high power HiKu (CS3W-P) modules Bifacial modules create power from both the front and the rear sides of the module, which increases the power output compared to conventional monofacial modules. The really high output of the BiHiKu bifacial modules will maximise the power generation in a minimal area of the plant website, while significantly lowering the Levelised Expense of Electrical Energy (LCOE) of the power plant.

Dr. Shawn Qu, chairman and president of Canadian Solar, said, “& ldquo; we are delighted about the strong partnership with Lightsource BP that has actually contributed to the 1.2 GW of module sales commitments. As a solar technology leader, we are working continuously on development. I am happy to see that our high-power modules, based on the most current bifacial technology, have been selected for these projects in Australia and the United States.”

& rdquo; In January, Lightsource BP had actually announced the purchase of roughly USD 100 million in devices from Selection Technologies, a market leader in reliable solar tracking services. The investment in single-axis solar tracking devices was finished in December and is the first stage in the construction of over 1.5 GW of massive solar jobs in the US.