This project is expected to generate electricity by September 2018.
Canadian Solar Inc. has signed a Power Purchase Agreement ("PPA") for the 63MWp solar power plant in Aguascalientes, Mexico with the Federal Electricity Commission (Comision Federal de Electricidad, "CFE"), announced in a press release.
This project was awarded in April 2016 under the Mexico's First Long Term Electricity Auction and it is expected to generate electricity by September 2018.
All the electricity generated will be sold to the CFE under the PPA for a 15-year period and related Clean Energy Certificates for a 20-year period.
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar commented, "We are pleased to sign the PPA for this solar power project awarded to us earlier this year.
We will continue to leverage our global project development and execution capability to continue to expand our global late stage solar project pipeline to meet the growing demand of clean solar energy in Mexico and around the world."
You might also be interested in:
Members of IRC Global Executive Search Partners met in Lima, Peru, on October 3-5, 2018. Delegates from 40+ countries celebrated 25 years of the largest global alliance of locally operated executive search firms.
The world's largest executive search alliance, IRC Global Executive Search Partners will be celebrating its 25 year anniversary at its Global Conference in Lima, Peru on October 3-5, 2018. This year's theme for the event will be "Embracing the Future".