Canadian Solar Inc, one of the world’s largest solar power companies, has been awarded US$3.5 million funding from Australian Renewable Energy Agency (ARENA) for two of its solar power projects, totalling 47MW in Australia.
The two solar power projects, located in Longreach and Oakey in Queensland, are 17MW and 30MW each in size. With the 20-year government-backed Contract for Difference in place, we plan to start the construction of both projects in Q1 2017 and achieve commercial operations date in January 2018 or earlier.
“We are pleased and proud to secure the funding from ARENA to support our solar project business in Australia, where we see the market is growing steadily,” commented Dr Shawn Qu, chairman and CEO of Canadian Solar.
“By leveraging our strong project development and execution capabilities, and with the support from the local government, we will continue to expand and execute on our quality solar project pipeline in Australia, so as to make contributions to the adoption of clean solar energy in the country.”
The 17MWp project at Longreach will be comprised of 54,600 Canadian Solar’s new MaxPower2 CS6U-320 (1500V) polycrystalline modules. The expected output for the first year of operation is around 39.0GWh, equivalent to powering approximately 8,500 Queensland homes. The 30MWp project at Oakey utilizes 93,600 Canadian Solar’s new MaxPower2 CS6U-320 (1500V) polycrystalline modules, with the expected output for the first year of operation of around 59.9GWh, equivalent to powering approximately 14,100 homes in Queensland.
Founded in 2001 in Canada, Canadian Solar is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions. Canadian Solar also has a geographically diversified pipeline of utility-scale power projects in various stages of development. In the past 14 years, Canadian Solar has successfully delivered over 16GW of premium quality modules to over 90 countries around the world.