Canadian Solar has delivered orders for 168,240 photovoltaic modules meant for installation at the 42.9-MW Takataya Hibiki plant in Kitakyushu, Japan.
The company has stated that it has supplied panels of its CS6P-255P make for the Japanese project.
The Takataya Hibiki solar power plant, in Fukuoka Prefecture, is expected to reach commercial operation in August.
JGC Corporation is providing engineering, procurement and construction services for the project, which is being developed by Takataya, an independent power producer.
Takataya Hibiki is expected to generate 49 million kWh annually, which is equivalent to powering 13,600 homes. In terms of its greenhouse gas emissions, the solar power plant is expected to reduce approximately 32,340 metric tons of carbon dioxide each year.
Earlier this month, Canadian Solar raised $53.3 million toward project financing four solar power plants in England. The projects have a combined capacity of 40.2 megawatts.
The projects, which became operational in March, were constructed under the renewables obligation support mechanism of UK.
According to a statement issued by Canadian Solar, Investec Bank which acted as sole mandated lead arranger on the deal helped the company close the round of financing in May.
This was the first return on capital based project financing of Canadian Solar, Olivier Fricot, the head of Investec’s power and infrastructure lending, said.
Canadian Solar was reportedly acquiring the projects in UK to consolidate base in the country. It plans to drop the acquired companies into a yieldco in the coming months.
Recently, Canadian Solar acquired Recurrent Energy and now has a project pipeline of 8.5 gigawatts.
Ajith Kumar S