Canadian Solar Partners with Biosar to Build a 256 MWP Project

Canadian Solar (NASDAQ:CSIQ) announced that they will provide engineering, procurement and construction services to a 256 MWp solar project in Australia for Total Eren.

The company said that the project is located in Northwest Victoria and has secured several Power Purchase Agreements (PPAs).

As quoted in the press release:

Construction is planned to start in October 2018 and it is expected to reach commercial operation by mid-2019. Over 720,000 of Canadian Solar’s 1500V high efficiency KuMax modules (CS3U-P) will be installed on single-axis solar tracking systems. When completed, it is expected to be the single largest solar power plant in Victoria, Australia, and will produce enough electricity to meet the needs of more than 133,500 Victorian homes and displacing more than 610,000 tonnes of carbon dioxide emissions annually.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, said, “We are delighted to be selected by a very ambitious and professional IPP such as Total Eren to provide EPC services together with Biosar and to supply our 1500V crystalline module to this large-scale solar power project which was very diligently developed. This partnership further expands our presence and solidifies our competitive position in Australia. We are committed to providing customers in Australia and around the world with access to clean, affordable and reliable solar energy.”

“Canadian Solar’s wide experience and technological leadership in the solar energy market are an ideal combination for new solar projects in a very fast growing market such as Australia” said Aris Polychronopoulos, General Manager of Biosar. “Canadian Solar is the perfect partner and we are very glad to join forces with them in order to provide a strategic client such as Total Eren with EPC services in their first mega scale project in the country”.

“I am delighted to launch the construction of our largest solar project worldwide and Victoria’s largest solar PV plant, which was only possible thanks to the excellent work performed by our team and our partners, in particular Mars Australia, Flow Power and Alinta Energy. We selected to work with Canadian Solar and Biosar as we believe their expertise and proven track record of deployment of large-scale solar power projects worldwide will bring success to our mega project in Australia,” commented David Corchia, Chief Executive Officer of Total Eren. “Canadian Solar and Biosar have been very supportive and we look forward to working with them for future opportunities.”

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