Canadian Solar (NASDAQ: CSIQ) said Oct. 16 that its subsidiary, Canadian Solar Solutions, has begun construction of the 100-MW (ac) Grand Renewable Solar Project utility-scale solar farm.
This is Canada’s largest photovoltaic project and is being financed by Connor Clark & Lunn Infrastructure and developed by Samsung Renewable Energy.
Under the previously announced agreement, the solar plant is expected to be fully operational in 2015. This agreement is expected to generate revenue of about C$310m (US$301.1m) for Canadian Solar, including engineering, procurement and construction (EPC) services, which were awarded to Canadian Solar by Grand Renewable Solar LP in June 2013.
The 100-MW (ac) utility-scale solar plant, located in the Haldimand County, will include about 440,000 Canadian Solar CS6X high performance modules. The PV modules and Medium Voltage Power Stations will be manufactured in the partnership’s new London, Ontario, Canada, facility, which will also supply other Samsung solar projects in Ontario.
“Samsung is thankful to become part of this supportive community in Haldimand and proud of this historic partnership with Six Nations,” said K.J. Kim, Executive Vice President, Samsung C&T. “The Grand Renewable Solar Project will create hundreds of high-skilled jobs that will benefit real people in this community.”
“We thank Samsung and Connor Clark & Lunn Infrastructure, as we enthusiastically move to the construction phase of this landmark project. When completed, this will be Canada’s largest PV project ever built. We are highly confident in our team’s ability to complete this large-scale project on schedule and on budget, while creating new employment opportunities and achieving the optimum power efficiency generation target levels anticipated to be delivered by the project,” said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc.
“We are pleased to have Canadian Solar as our construction partner and panel supplier on this groundbreaking project,” said Matt O’Brien, president of Connor Clark & Lunn Infrastructure.