Canadian Solar Plans Additional PV Park With SkyPower

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Canadian Solar Inc. and SkyPower Ltd. have entered into an engineering, procurement and construction (EPC) agreement to build a 10.5 MW solar park in Thunder Bay, Ontario.

This EPC agreement follows two previous EPC agreements signed by both companies in December 2010. SkyPower closed financing with Deutsche Bank on these projects late last year.

Once fully operational, the combined total for these three projects is approximately 30 MW of nameplate capacity. The construction of all three projects is expected to reach completion by the third quarter of this year, according to the companies.

SOURCE: Canadian Solar Inc.

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