Canadian Solar Solutions, providers of solar energy technology, has entered into an Engineering, Procurement and Construction (EPC) agreement with Kingston Solar, a solar energy project developed by Samsung Renewable Energy, for the construction of a 140 MW DC (100 MW AC) utility-scale solar energy farm in Ontario, Canada.
The EPC agreement is expected to create an income of over C$300 million for Canadian Solar. The construction of the energy farm will begin by the end of 2014, and it is expected to be fully operational by the end of 2015.
This is Canadian Solar’s second EPC agreement with Samsung as part of Phase II of Samsung’s Green Energy Investment Agreement (GEIA) project generating 300MW AC. The Phase I agreement with Canadian Solar was to build a 130 MW DC Grand Renewable Energy Park.
Shawn Qu, chairman, CEO, Canadian Solar, said, “The partnership will not only expand the use of solar energy in Canada but also create more manufacturing jobs in green field.This transaction demonstrates company’s solar project experience and potential, enabling to participate in the expected growth of solar energy deployment in future.”
The 140 MW solar farm will produce 173,000 MWh of electricity per year and power around 16,409 Canadian homes. It will also contribute to a cleaner environment by displacing 119,292 m tons of carbon emissions annually.
This project supports over 700 manufacturing jobs at Canadian Solar manufacturing facilities. The Kingston solar farm will include more than 464,000 Canadian SolarMaxpower CS6X modules.