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Canada : ZHENFA New Energy, CANADIAN Solar signs 100MW Module Supply contract
Publish Date : 14-Dec-2013
One of the world's biggest solar power companies, Canadian Solar Inc. declared that it has been granted a module supply contract for offering Zhenfa New Energy Science & Technology Co., Ltd. (Zhenfa New Energy) with photovoltaic ("PV") modules, which has a capacity of 100MW for three solar power plants situated in Gansu Province and one solar project in Inner Mongolia Autonomous Region of China.
"Canadian Solar is a well established and reputable brand, which is the major reason why we selected it as a partner to supply modules to our significant solar power projects in China," commented Jianjun Ju, Vice President of Zhenfa New Energy. "With Canadian Solar's high quality products, and superior material warranty and power output performance guarantee, we believe our cooperation will benefit both parties and minimize the risks in project construction and operation."
"We are honored to be awarded this large module supply agreement by Zhenfa New Energy. It is another milestone for Canadian Solar's achievements in the Chinese market, where we see the market improving with better pricing and payment terms," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. "Clearly, Chinese demand for solar modules going into the first quarter of 2014 remains strong, and based on our planning sessions with major developers and project off takers, we currently expect demand for solar modules in China to exceed 10GW in 2014."
Nearly 400,000 pieces of its high efficiency CS6P245P, CS6P250P and CS6P-255P modules will be rendered by Canadian Solar with the power of output of 245Wp, 250Wp and 255Wp for the projects.
