Canadian Solar provides 10 MW of modules to the leading solar project in Uganda
Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the largest international solar power companies, announced that the company has supplied 10 MW of PV Modules to Soroti Photovoltaic Plant in Uganda. The project is the biggest of its kind in East Africa and was formally launched at the end of 2016.
The Soroti plant consists of 32,000 pieces of Canadian Solar high-efficiency poly panels. This is the first solar plant linked to the nation’s grid and is also the first in the east of Africa. The 10 MW solar system produces clean, low-carbon electricity for 40,000 homes, schools and businesses in the region.
The project was developed in 2016 under the Global Energy Transfer cooperation program – Feed in Tariff (“GET fiT”), a support scheme for the development of renewable energy projects in East Africa managed by the German Development Bank (KfW). The project was implemented by TSK (Spain), one of the most significant solar EPC contractors universal, with more than 1,500 MW installed.
“We are content to be part of the energy change on the African continent. Africa is one of the best places on earth for solar energy. At the same time, we hope the solar energy development there will also rouse the economy and generate jobs locally,” observed by Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.
TSK is a universal Company that focuses in the implementation of multifaceted projects at an international level, providing its own technology for numerous sectors in industry such as electrical infrastructures, industrial plants, energy generation power plants (conventional and renewable), Oil & Gas, water treatment plants or installations for handling and storage of raw materials. In 2016, TSK reaches a return of 900 million Euros, with over 1,000 experts and international presence in over 35 nations.
Established in 2001 in Canada, Canadian Solar is one of the world’s biggest and leading solar power companies. As a principal producer of solar photovoltaic modules and provider of solar energy solutions, Canadian Solar also has a geologically spread out pipeline of utility-scale power projects in different phases of development. In the past 16 years, Canadian Solar has effectively delivered over 20 GW of premium quality modules to more than 100 nations around the world. in addition, Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006.
