Canadian Solar Inc. to build third solar park

Kitchener — Canadian Solar Inc. and SkyPower Limited announced a third engineering, procurement and construction (EPC) agreement to build a 10.5 MW solar park in Thunder Bay, Ontario. Canadian Solar is one of the world’s largest solar power companies. SkyPower is Canada’s largest owner and developer of large-scale solar projects and most recently was awarded 148.3 MW through thirteen power purchase agreements by the Ontario Power Authority under the Feed-in Tariff Program.

This EPC agreement is in addition to two previous agreements signed by both companies in December 2010. The previous 18.5 MW EPC agreement consists of a 10.5 MW solar park in Napanee. The second project is an 8.5 MW solar park located on Thunder Bay International Airport Authority land with the third being the 10.5 MW project in Thunder Bay on Fort William First Nation land.

Once fully operational, the combined total for these projects is approximately 30 MW of capacity. The construction of all three projects is expected to be completed by third quarter 2011. Together, they are expected to generate approximately 28 million KWh in their first full year of operation and almost 600 million kWh total over the next 20 years. This is equivalent to producing enough electricity to power almost 50,000 homes.
www.skypower.com
www.canadiansolar.com