Canadian Solar to sell five solar power plants
Guelph, Canada - Canadian Solar has reported it will sell five utility-scale solar power plants totaling 49 megawatts (MW) valued at over C$ 290 mio. (211 mio. Euro). Its subsidiary, Canadian Solar Solutions Inc., has entered into a sales agreement with Concord Pacific's green energy affiliate, Concord Green Energy. Construction on the plants located in Ontario is expected to be carried out beginning in the current year and continuing in the following year with commercial operation expected in 2014.
Source: IWR Online, 06 Aug 2013