Canadian Solar Signs 10 MW Agreement With LG In Korea


Canadian Solar Inc. has entered into a second memorandum of understanding with LG CNS Co. Ltd., a subsidiary of the LG Group of South Korea, to implement a minimum 10 MW of PV power projects in Korea in 2010.

Canadian Solar modules will be used in these projects. LG CNS has been a customer of Canadian Solar since early this year.

The Korean government recently announced the details of its 2010 PV programs, which include a feed-in-tariff program and the pilot stage of a renewable energy portfolio standard.

SOURCE: Canadian Solar Inc.

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