By GreenTech Lead Team: Canadian Solar, a manufacturer of
solar products and solar system solutions, and the Ningxia Electric Power Group
announced the successful completion and grid-connection of a 10 MW ground
mounted solar project in Hongsibao, Ningxia, in northwest China.
Ningxia Power Group funded and constructed the project,
with Canadian Solar’s JV Gaochuangte New Energy serving as the EPC contractor.
“This is the first step of a strategic collaboration
between Canadian Solar and Ningxia Power Group. Canadian Solar’s global
technology and finance experience in solar power plant EPC will definitely help
the development of solar power plants in China,” said Yingkuan
Liu, chairman of Ningxia Power Group.
This 10 MW project is a part of a 50MW solar plant and
consists of an 8 MW fixed system and a 2 MW tracking system. The 10 MW project
will generate approximately 13,511,167 KWh and reduce CO2 emissions by 18,900
tons annually – the equivalent of saving 5,200 tons of standard coal.
“We are pleased with the successful collaboration
with Ningxia Power Group. The success of our EPC project reflects our shared
vision for cost-effective, environmentally friendly solar energy solutions.
As China continues to evolve into a major PV power market over the
next few years, Canadian Solar plans to be a major player in driving such
growth,” said Shawn Qu, chairman and CEO of Canadian Solar.
Canadian Solar recently announced that
its wholly owned subsidiary, Canadian Solar Solutions. (CSSI), entered into a
sales agreement with TransCanada Corporation whereby TransCanada will acquire
from Canadian Solar a 86 megawatts (MW) AC solar project portfolio for
approximately $470 million Canadian dollars.