Canadian Solar awarded 30 MWp project in Japan
Canadian Solar announced that it has been awarded a 30 MWp project in Japan's 4th solar energy auction. The project is located in Maniwa City within Okayama prefecture and will be powered by high-efficiency Canadian Solar modules. Once constructed, the project will enter into a 20-year power purchase agreement with Chugoku Power Electric Company at a rate of 12c, per kWh. The Company expects the project to reach commercial operation by 2024.In addition to the 30 MWp won in Maniwa City, the Company recently acquired five utility-scale solar power projects totaling 20.5 MWp that have secured feed-in-tariff contracts and are expected to reach commercial operation in the 2020-21 time frame.