Greentech Lead America: Canadian Solar has supplied 3.3
MW of solar modules for a PV project in Bulgaria.
The development is part of its strategic expansion into
South-East Europe. Canadian Solar supplied its CS6P-P modules for the PV
The solar power plant was built on the grounds of the
Bulgarian food and beverage company Philicon 97 SA in Plovdiv, Bulgaria’s
second largest city.
The project was connected to the grid in February.
The solar project benefits from a feed-in tariff of 0.25
euros per kWh.
The project supports Philicon 97 SA with its strategy of
investing in the future of the company through the expansion of renewable
“We have compared the offers from various module
manufacturers and at the end opted for Canadian Solar and EPC company Solarpro.
The excellent customer service and high product quality were critical for our
success,” said Ivan Kalibatsev, project manager at Philicon 97 SA and
responsible for the installation of the solar park.
In the first month, the power output of the solar system
was 15 percent higher than expected.
“The project in Plovdiv is an important milestone
for our growth strategy in South-East Europe. Our leading position in the
market and our high quality and cost advantages allow us to cooperate with the
best partners in the respective target market and to offer them tailor-made
solutions for their region,” said Shawn Qu, chairman and CEO of Canadian
Canadian Solar said South-East Europe and in particular
Bulgaria offer potential for development, as high radiation levels and the
feed-in tariff that are guaranteed for a period of 20 years offer attractive
returns for investors.
Canadian Solar designs, manufactures and delivers solar
products and solar system solutions for on-grid and off-grid use to customers
worldwide. It has operations in North America, Europe, Australia and Asia.