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Stock impact report

Canadian Solar Secures 30 MWp in Japan's 4th Solar Auction

Canadian Solar Inc. - Common Shares (CSIQ) 
Last canadian solar inc. - common shares earnings: 3/26 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.canadiansolar.com
Company Research Source: PR Newswire
GUELPH, Ontario, Oct. 22, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has been awarded a 30 MWp project in Japan's 4th solar energy auction.The project is located in Maniwa City within Okayama prefecture and will be powered by high-efficiency Canadian Solar modules. Once constructed, the project will enter into a 20-year power purchase agreement with Chugoku Power Electric Company at a rate of ¥13.47 ($0.12) per kWh. The Company expects the project to reach commercial operation by 2024.In addition to the 30 MWp won in Maniwa City, the Company recently acquired five utility-scale solar power projects totaling 20.5 MWp that have secured feed-in-tariff contracts and are expected to reach commercial operation in the 2020-21 time frame."Since we launched our Energy Business in Japan in 2011, Canadian Solar has completed the construction and grid connection of 39 so Show less Read more
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