Canadian Solar (NASDAQ: CSIQ) announced Aug. 5 that it supplied 4 MW (ac) of photovoltaic modules for the Spanish Town Estate Solar project, recently acquired by NRG Energy (NYSE: NRG).
The project is located in St. Croix in the U.S. Virgin Islands and utilizes 14,400 high-efficiency Canadian Solar CS6X-P 305 Polycrystalline PV Modules.
According to NRG, construction of the Spanish Town Estate Solar project began in April. With the purchase of the project, NRG, through its subsidiaries, will be the sole owner of the facility.
“The Company has expanded its footprint with local offices and local staff based in Panama, Mexico, and Brazil and has supplied modules for some of the region’s largest PV projects,” noted Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, about the company’s recent expansion into new territories.
Founded in 2001 in Ontario, Canada, Canadian Solar is one of the world’s largest solar power companies.
NRG on July 21 had announced the acquisition of the Spanish Town Estate Solar project from Toshiba International. Once completed, the power will be sold to the U.S. Virgin Island Water and Power Authority (WAPA) under a 25-year power purchase agreement. The project is expected to help the USVI achieve its renewable energy goals to reduce its fossil fuel based energy consumption by 60% over the next 10 years.
With the purchase of the project, NRG, through its subsidiaries, will be the sole owner of the facility, while Toshiba will continue to serve as the lead on engineering, procurement and construction.