Canadian Solar completed sale of Mexican »Aguascalientes« solar project to Blackrock
Post date: 28/05/2019 - 16:37
Canadian Solar Inc. has completed the sale of its 68 MW »Aguascalientes« solar project in Mexico to Blackrock Infrastructure Fund II. Canadian Solar developed, arranged construction and long-term project financing, built and energized the project in January 2019. Powered by 200,000 Canadian Solar high-efficiency poly modules CS6U-P, the solar power plant is expected to generate 145 GWh of electricity annually. The electricity generated will be sold under a 15-year power purchase agreement for energy and capacity, and 20-year for Clean Energy Certificates with Mexico's state-owned utility. Canadian Solar will provide operations and maintenance services to the plant, starting in the third year of operations.
According to Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, the company has a remaining pipeline of more than 600 MW of solar projects in the country at various stages of development, including 368 MW with awarded power purchase agreements.