Canadian Solar Sells 9-MW Project for $47.2 Million

 Canadian Solar Sells 9-MW Project for $47.2 Million

Canadian Solar Inc. said Monday its wholly-owned subsidiary Canadian Solar Solutions Inc. has sold the 9-MW Aria Solar Plant to One West Holdings Ltd., an affiliate of Concord Green Energy Inc., for $47.2 million.

The Elmvale, Ontario solar plant features 48,528 Canadian Solar MaxPower CS6X-300/310P PV modules.

"We are delighted to complete the sale of Aria LP utility-scale solar power plants to Concord Green Energy,” said Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar.  "This is the fourth project we have delivered to Concord Green Energy and will be an addition to the portfolio of projects we are providing operations and maintenance services on.”

The Aria plant is expected to generate about 15,956 MWh per year.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...