Canadian Solar Receives Order From Systaic

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Canadian Solar Inc. has received a purchase order from Systaic AG for 30 MW of solar modules to be delivered to Spain. This is a specific purchase order under the 60 MW annual supply agreement that the two companies announced in October 2008. Delivery under the agreement has already started.

Including this new 30 MW purchase order, the company has recently signed or reconfirmed sales contracts or contract extensions, or received purchase orders for delivery of about 120 MW of solar module products to 24 customers in Europe, North America and Asia. Most of these deliveries are expected to take place from June to October.

SOURCE: Canadian Solar Inc.

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