Canadian Solar Inc. has signed a multiyear, 1.8 GW module supply agreement with EDF Renewables North America for solar projects in the U.S., Canada and Mexico.
Canadian Solar will supply its bifacial enhanced-wafer BiHiKu (CS3W-PB) and enhanced-wafer HiKu (CS3W-P) modules.
According to Canadian Solar, the deal represents the largest single module supply agreement signed in the company’s 18-year history. Further, it is an anchor of the company’s 3+ GW of forward-committed contracts in the North American market through 2023.
“EDF Renewables North America is pleased to announce this substantial module supply agreement with Canadian Solar Inc. The agreement demonstrates our confidence in the bifacial module technology to support our robust pipeline of contracted projects over the next five years,” comments Tristan Grimbert, president and CEO of EDF Renewables North America.
“We are excited to partner with EDF Renewables to help them bring a stable supply of clean, reliable solar energy to the North American market,” adds Dr. Shawn Qu, chairman and CEO of Canadian Solar. “As the U.S. market recovers from the uncertainties brought by Section 201 tariffs and rushes to meet the step-down of the investment tax credit deadline, we are seeing a significant rebound of demand in the U.S. solar market, which impacts module supply across the entire region. This contract continues to strengthen the global partnership between EDF Renewables and Canadian Solar.”