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Canadian Solar to build power plant in China

Posted: 01 Sep 2009 ?? ?Print Version ?Bookmark and Share

Keywords:solar power? China power plant? photovoltaic?

Canadian Solar Inc. has obtained the rights to design, install, operate and maintain a solar power plant system in China. Under a letter of intent signed with the administration committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone CPT) in Baotou, Inner Mongolia, the 500MW solar power plant will be located in CPT.

The project is subject to a feasibility study and government approvals. It is divided into three phases. The first phase, expected to run from September 2009 to December 2011, calls for the installation of a 100MW photovoltaic system. The second and third phases each call for the installation of 200MW PV systems. There are no binding commitments until the feasibility study is completed and approvals are obtained.

Fu Ren, the director of the administration committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone, said, "To have a solar project of such magnitude in Baotou demonstrates our determination to develop the PV end-user market in China, as well as our commitment to cleaner and more sustainable economic development in Baotou. This project also reflects our city's importance as a center of commerce and commitment to further growth."

Shawn Qu, chairman and CEO of Canadian Solar, said, "This project clearly shows the Chinese government's determination to develop its domestic PV market. Our successful track record of providing high quality modules to many solar power projects around the world helped us to win the development rights for this major project."

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