Canadian Solar (NASDAQ: CSIQ), one of the world’s largest solar power companies, announced Dec. 9 that it is the supplier of 8.7 MW of its MaxPower CS6X Solar Modules to EOSOL Mexico.
The ground mounted solar project where these modules will be installed is located in Durango, Mexico, and represents Mexico’s second largest photovoltaic (PV) project to date. The formal ribbon cutting celebration is scheduled for an unannounced date in the first quarter of 2014.
EOSOL MEXICO is part of the EOSOL Group, which previously collaborated with Canadian Solar on other solar projects in France and Spain. Carlos Ludlow, CEO of EOSOL Mexico, said this installation in Durango is the first phase of an EOSOL mega-project, which will generate up to more than 200 MW over the next two years.
“We are very excited to be a part of this important project in such an attractive emerging market. To put the 8.7 MW size in perspective, the entire installed Mexican PV market was approximately 30 MW in 2012,” said Dr. Shawn Qu, Chairman and CEO of Canadian Solar.
“Canadian Solar has proven to be an excellent partner with its high-quality modules and its superior customer service for our previous projects in France and Spain. That is why we selected them to become our partner for this important and strategic first project in Durango, Mexico. We plan on further expanding our partnership with Canadian Solar in the future, as we spearhead the development of Mexico’s Solar Industry,” said M. Bruno Bernal, President of the EOSOL Group.
Installed by TSK Electronica y Electricidad S.A., the project known as “TAI-I” will power approximately 8,000 Mexican homes. In addition to leading plant engineering and construction, TSK is also providing the financing from project initiation through grid connection. With this project, TSK becomes one of the main EPC companies in the region, having installed more than 27 MW of photovoltaic projects in Puerto Rico and with 90 MW of other energy sources in Nicaragua, Mexico, Honduras and Colombia.
Founded in 2001 in Canada, Canadian Solar is one of the world’s largest and foremost solar power companies, with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia.
EOSOL Energy de Mexico is a major player in the development, investment and production of energy from natural resources.