Posted in | News | Solar Energy

Canadian Solar and Zhenfa New Energy Enter Supply Agreement for 100MW Photovoltaic Modules

Canadian Solar Inc., one of the world's largest solar power companies, today announced that it has been awarded a module supply agreement to provide Zhenfa New Energy Science & Technology Co., Ltd. (Zhenfa New Energy) with photovoltaic ("PV") modules totaling 100MW for three solar power projects located in Gansu Province and one solar project in Inner Mongolia Autonomous Region of China.

"Canadian Solar is a well established and reputable brand, which is the major reason why we selected it as a partner to supply modules to our significant solar power projects in China," commented Jianjun Ju, Vice President of Zhenfa New Energy. "With Canadian Solar's high quality products, and superior material warranty and power output performance guarantee, we believe our cooperation will benefit both parties and minimize the risks in project construction and operation."

"We are honored to be awarded this large module supply agreement by Zhenfa New Energy. It is another milestone for Canadian Solar's achievements in the Chinese market, where we see the market improving with better pricing and payment terms," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. "Clearly, Chinese demand for solar modules going into the first quarter of 2014 remains strong, and based on our planning sessions with major developers and project off takers, we currently expect demand for solar modules in China to exceed 10GW in 2014."

Canadian Solar will supply about 400,000 pieces of its high efficiency CS6P245P, CS6P250P and CS6P-255P modules with power output of 245Wp, 250Wp and 255Wp for the projects. Module deliveries will commence in mid-December 2013 and are expected to be completed in January 2014. The three projects in Gansu Province are respectively located in Jiangyuguan, Guliang and Minqin, with a total size of 200MW. The project in Inner Mongolia is located in Sanxin, with a size of 50MW.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.