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RSS FeedsCanadian Solar Completes JPY4.6 Billion Asset Sale to CSIF in Japan
(WorldNews Canada)

 
 

2 december 2019 14:46:53

 
Canadian Solar Completes JPY4.6 Billion Asset Sale to CSIF in Japan
(WorldNews Canada)
 


GUELPH, Ontario, Dec. 2, 2019/PRNewswire/ -- Canadian Solar Inc. (the `Company`, or `Canadian Solar`) (NASDAQ: CSIQ), one of the world`s largest solar power companies, today announced that it has completed the sale of a 10.8 MWp operating solar power plant in Izu-shi, Shizuoka Prefecture to Canadian Solar Infrastructure Fund, Inc. (`CSIF`, Tokyo Stock Exchange ticker 9284) for JPY4,569 million (US$42.1 million). The Izu-shi solar power plant is powered by 30,202 Canadian SolarKuMax modules. It reached commercial operations in December 2018 and has been selling power to Tokyo Electric Power Co., Inc. under a 20-year feed-in-tariff contract at the rate of JPY36.0(US$0.33)/kWh. Dr. Shawn Qu,...


 
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