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Canadian Solar Enters South-East Europe Solar Market

Canadian Solar, which provides solar products and solutions, has expanded its domain furthermore by entering into South-East Europe market.

The company is providing 3.3 MW of solar modules for a solar project in Bulgaria. The project has been constructed for Philicon 97, a food and beverage company at Plovdiv in Bulgaria. In February, the project was linked to the power grid.

The solar system uses the CS6P-P solar modules from Canadian Solar. The project helps achieve Philicon 97’s plan to invest for the company’s future by extending renewable energy. Further, the project receives feed-in tariff of 0.25 euros/ kWh.

According to the Project Manager, Philicon 97, Ivan Kalibatsev, who is also in-charge of the solar park installation, the offers obtained from different solar module producers were scrutinized and finally SolarPro, an EPC company and Canadian Solar was chosen. Better quality products and customer service were significant for the success of the project. Furthermore, the solar system has surpassed expectations by generating 15% excess power during the first month.

The CEO and Chairman of Canadian Solar, Dr. Shawn Qu stated that the project is a vital move to develop the company in South-East Europe. The company is a pioneer in the solar market and offers cost benefits and superior products that enable the company to work with excellent associates in the target market sector and provide custom-made solutions at particular areas. He added that South-East Europe, particularly, Bulgaria provides immense opportunities for growth, since feed-in tariff and high radiation levels render good profit to investors.

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