Canadian Solar and EDF signed 1.8 GW module supply agreement
Post date: 02/06/2019 - 10:46
Canadian Solar Inc. has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high efficiency poly solar modules for projects in the US, Canada, and Mexico. The company will supply its bifacial enhanced wafer BiHiKu (CS3W-PB) and enhanced wafer HiKu (CS3W-P) modules to EDF Renewables' multiple solar projects. According to the company, this module supply agreement »is the largest single module supply agreement signed in Canadian Solar's 18-year history,« and is an anchor of the company's forward-committed contracts in the North American market through 2023 with a capacity of more than 3 GW. »As the US market recovers from the uncertainties brought by Section 201 tariffs and rushes to meet the step-down of the Investment Tax Credit deadline, we are seeing a significant rebound of demand in the US solar market which impacts module supply across the entire region,« said Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.