Canadian Solar powers up Japanese projects

• Three PV plans completing 42MWp came on stream in the initial quarter of 2023

Canadian Solar has introduced that 3 of its solar power projects in Japan amounting to 42MWp reached industrial procedure in the initial quarter of 2023.

The Oita Kitsuki, Gunma Takasaki and Yamaguchi Hofu growths are powered by Canadian Solar bifacial BiHiKu modules.

The power produced is being bought by grid operators in their corresponding locations under Japan's feed-in-tariff program for around 19 years at the rates of JPY32 (US$ 0.24), JPY14.49 (US$ 0.11), and also JPY14.25 (US$ 0.10) per kWh.

These projects together are readied to create circa 53,000 MWh of renewable energy, which perseverance about 15,000 houses, comparable to preventing roughly 24,000 tonnes of yearly carbon emissions.

Chairman and president of Canadian Solar Dr Shawn Qu claimed: "We are delighted to be part of the green improvement that Japan is going through with these enhancements to our portfolio.

" Our teams functioned closely with the local communities and governments to bring these projects to fulfillment.

" Working very closely with regional community to grow a sustainable long-lasting connection is just one of our ESG sustainable growth goals.

" Canadian Solar's Sustainability Report provides a thorough discussion on our ESG goals, targets and techniques.

" The Oita Kitsuki project was our initial website where we installed a Static Synchronous Compensator (STATCOM), an extra challenging power quality demand that will meaningfully assist improve the grid's integrity provided the expanding variety of interconnected solar farms.

" On the other hand, the Gunma Takasaki and Yamaguchi Hofu projects were granted FITs using the solar public auction held in 2018.

" Despite market uncertainties over the feasibility of building developments with JPY14 per kWh at the time of the public auction, our team persisted and also today has actually proved the ability to create value and build solar farms that will benefit both neighborhood communities as well as financiers."