Canadian Solar Inc. signed an agreement with Mashiki Town and Kumamoto Prefecture to build a 47-MWp solar power plant. Once completed, the Mashiki solar power plant will be the largest solar plant in Kumamoto Prefecture.
The Mashiki plant is expected to start commercial operation in the first quarter of 2017. Powered by Canadian Solar modules, the plant is expected to generate approximately 57,000 MWh of clean, solar electricity per year, which will be purchased by Kyushu Electric Power Co., Inc. under a 20-year feed-in-tariff contract at the rate of JPY36.0 ($0.30) per kWh.
“We are very pleased to announce this agreement with Mashiki Town and Kumamoto Prefecture,” commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc. “The Mashiki solar project is our largest Japanese project to start construction, and represents an important milestone as we continue to make progress developing our high-value solar project pipeline in this important market.”
Founded in 2001 in Canada, Canadian Solar is a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions. 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