Canadian Solar announced that its new solar module manufacturing in Sorocaba, Brazil, is ready to go. The new state-of-the-art manufacturing facility will be Brazil’s largest, with 380 MW annual capacity of made in Brazil solar modules.
The official inauguration of this state-of-the-art new solar module facility was attended by the distinguished Mr. Geraldo Alckmin, Governor for the State of Sao Paulo, Mr. Eduardo Azevedo, Secretary from the Ministry of Mines and Energy, Mr. Antonio Carlos Pannunzio, Mayor of Sorocaba and Mr. Rick Savone, Canadian Ambassador to Brazil.
“Our new state-of-the-art facility is already having a positive impact on Brazil’seconomy through the jobs created, investment made in the local economy, and our help in the promotion and further development of the country’s renewable energy industry,” says Shawn Qu, chairman and CEO of Canadian Solar . “Our current solar project portfolio in Brazil has reached 390 MWp, of which EDF EN do Brazil, the local subsidiary of EDF Energies Nouvelles, bought 80% of the equity interest of our 191 MW Pirapora I project (expected to come online in 3Q17). We now gain a powerful competitive advantage with our new local content facility, which we will leverage in Brazil, one of the world’s most attractive and fastest growing solar markets.”
As of September 30, 2016, Canadian Solar’s late-stage pipeline totaled 2.0 GWp of utility-scale solar project pipeline worldwide, along with a portfolio of operating solar power plants totaling 948 MWp. In Brazil, the Company’s current utility-scale solar project pipeline reaches 390 MWp. This is comprised of its 191 MWp Pirapora I project, 109 MWp Pirapora II project and 90 MWp Vazante project. The Pirapora I project is in construction and expected to reach commercial operation in 3Q17, with the Pirapora II and Vazante projects expected to reach commercial operation in 2018. Canadian Solar will supply made-in Brazil solar modules for its projects.
— Solar Builder magazine