Canadian Solar plans to launch its all-black solar module product line in North as well as South American continents.
The introduction of these modules in America markets is expected to represent a strategic business decision for the company.
The new product line consists of an all-black CS6K-M monocrystalline module and an all-black CS6K-P module.
Characterized with an all- black concept, the products have a black frame, black backsheet and dark cells in both mono and polycrystalline cell technologies.
Both these modules feature improved polycrystalline technology and targets consumers in the residential market.
Canadian Solar is targeted to finalize product specifications at the end of April. Production runs for the CS6K-M will begin in May and for the CS6K-P, production runs will begin in early June.
The CS6K all-black monocrystalline modules with dark cells will be offered in three power classes: the 255W, 260W, and 265W.
Meanwhile, the CS6K all-black polycrystalline modules with dark cells will be offered in two power classes: the 250W and 255W.
The module efficiency on the monocrystalline module is 16.19 percent, while the module efficiency on the polycrystalline module is 15.58 percent.
Recently, the European Commission informed Canadian Solar about the potential issues identified in the course of verifying its compliance with the undertaking agreement.
The undertaking agreement is an agreement entered into by the Company and other Chinese producers exporting to the EU with the European Commission, in connection with EU trade measures.
Canadian Solar has to respond to the issues raised by the European Commission and to demonstrate that it complied with the undertaking agreement. The European Commission has not made a final decision.
In another development, Canadian Solar joined hands with Sharp Corporation to acquire Recurrent Energy, a North American solar energy firm at a cost of nearly $265 million.
Through this acquisition, Canadian Solar will achieve a total solar project pipeline of around 4.0 GW to 8.5 GW.
At present, Recurrent owns 1.0 GW late-stage pipeline, signifying an estimated revenue opportunity of around $2.3 billion for Canadian Solar.
The transaction will ensure Canadian Solar’s position as a leading solar energy developer, with a globally diversified project pipeline.
Sabeena Wahid
editor@greentechlead.com