Canadian Solar sells LunarLight to BluEarth Renewables

Canadian Solar Inc. announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., completed the sale of LunarLight, a 10 MMW AC solar power plant to a subsidiary of BluEarth Renewables Inc.

LunarLight, located in Belleville, Ontario, is the last in a series of power plants acquired by BluEarth from Canadian Solar. The facility is valued at approximately C$65 million (USD$53 million) and uses Canadian Solar’s CS6X-300/305P modules made in Canada.

Shawn Qu, Chairman and CEO of Canadian Solar, commented: “We are pleased to announce the closing of the fourth utility-scale solar power plant to BluEarth Renewables, a private independent renewable power producer. The completion of the LunarLight project underscores Canadian Solar’s position as a global energy provider in the Ontario landscape. We take great pride in the diverse project portfolio that we have built in North America.”

Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully deployed over 10 GW of premium quality modules in over 70 countries around the world.

— Solar Builder magazine

[source: http://solarbuildermag.com/news/canadian-solar-sells-lunarlight-to-bluearth-renewables/]