Canadian Solar Inc., a solar module manufacturer, has signed a collaboration agreement with Photowatt Technologies, Inc. to manufacture certain solar photovoltaic modules for Photowatt on an OEM basis.
Production is expected to commence in mid-2007, according to Shawn Qu, chairman and CEO of CSI. ‘Photowatt has been a key supplier of solar cells and toll manufacturing service to CSI over the past five years. This new agreement expands the scope of our collaboration, allowing us to provide an OEM module manufacturing solution to Photowatt.
‘We believe the deal is also a vote of confidence for CSI from a major vertically integrated solar company and demonstrates the high quality and the cost-effectiveness of our manufacturing process,’ he adds. ‘We expect this type of arrangement to be an important part of our overall strategy, supplementing our CSI branded product lines.’