Canadian Solar project wins in VRET auction

Canadian Solar’s 100MW Carwarp Solar Project is one of six renewable projects awarded a Victorian Government support agreement.

This award guarantees revenue for 100 per cent of the energy produced by the Carwarp Solar Farm for the term of the support agreement.

The project is located near Mildura and will utilise Canadian Solar’s high-efficiency bifacial modules with the latest single axis tracking technology.

“We are pleased to secure the prestigious award from the Victorian Government for the Carwarp Solar Project,” Canadian Solar CEO and chairman Dr Shawn Qu said.

“The Victorian renewable energy auction scheme is a highly competitive tender process and by leveraging our 10-year track record in global project development and execution, we can assist the Victorian Government to reach its renewable energy generation targets.”

Canadian Solar is a pioneer in commercially deploying high efficiency poly PERC bifacial modules with front-side power output up to 365W, with a nominal bifacial rating of 400W.

Canadian Solar’s bifacial modules will generate extra power output of up to 30 per cent depending on the GCR and light reflection and have a warranted life of 30 years.

Canadian Solar plans to commence construction of the project in Q1 2019 and achieve commercial operation in Q1 2020.

The solar system will generate 267,000 MWh of electricity every year, equivalent to powering approximately 48,000 homes and reducing greenhouse emissions by 288,000 metric tonnes of greenhouse gases.