Canadian Solar (CSIQ) Lands 19MW In Solar Park Deals In Ontario

Canadian Solar (CSIQ) has announced it has inked a deal with SkyPower, one of Canada’s largest owners and develops of solar energy projects.  CSIQ will be the EPC provider for two projects totaling 19MW in Ontario, both of which are expected to be completed within about 7 months. 

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“A new study called Solar Vision 2025, issued by the Canadian Solar Industry Association and prepared by consultants Ernst & Young, reports the cost of solar power projects will be cut by more than 50% before 2025, making the solar electricity competitive with electricity generated by oil, gas, hydro or nuclear plants,” said Dr. Shawn Qu, CEO and President of Canadian Solar. “The report illustrates that solar power is already price-competitive with other sources at peak times. Agreements like the one announced today with SkyPower are very important. By partnering and also working closely together with the political leaders and other stakeholders in the province, we can help make the predictions in the study a reality.”

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