Canadian Solar Inc. (NASDAQ: CSIQ) has entered into a master supply agreement for 17 MW of solar photovoltaic (PV) modules with Potentia Solar Inc., an independent power producer in Ontario. Potentia will use the solar modules to power a number of commercial rooftop solar systems to be installed in major urban areas in Ontario.
Under the terms of the agreement, Canadian Solar will provide the CS6P modules for the development of more than 100 rooftop solar projects. Potentia will construct the modules on commercial, industrial and institutional buildings. Canadian Solar will deliver the solar modules to Potentia on a per project basis, with all projects scheduled for completion in 2013.
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