Canadian Solar Sells Two Utility Solar Power Plants To RET Capital


Canadian Solar Solutions Inc. has completed the sale of two 10 MW solar power plants to Renewable Energy Trust Ontario Holdings (RET).

The DiscoveryLight and FotoLight facilities were built using Canadian Solar's CS6X-305P modules, and both are part of a sales agreement whereby Canadian Solar will sell a total of three utility-scale solar power plants from its Ontario pipeline to RET. The CityLights 10 MW power plant is scheduled to begin commercial operation in the first quarter of this year.

DiscoveryLight is located in the town of Beaverton, while FotoLight is located in the Township of Prince Edward County. The electricity generated by these two power plants will be sold to Hydro One under a 20-year Ontario Power Authority feed-in tariff contract.

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