View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
October 17, 2013

Canadian Solar begins construction of 100MW Grand Renewable solar project in Canada

Canadian Solar Solutions, a subsidiary of Canadian Solar, has commenced construction of the 100MWac Grand Renewable solar project in the Ontario province of Canada.

By admin-demo

Solar Power

Canadian Solar Solutions, a subsidiary of Canadian Solar, has commenced construction of the 100MW AC Grand Renewable solar project in the Ontario province of Canada.

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

Being financed by Connor Clark & Lunn Infrastructure and developed by Samsung Renewable Energy, the plant is likely to become fully operational in 2015.

Located in the Haldimand County, the plant will feature 440,000 Canadian Solar CS6X high-performance modules, which will generate approximately 165,000MWh of electricity annually, enough to power around 13,750 homes.

The project will also include 100 1MW transformers and 200 inverters of 500kW each; a transformer substation consisting of a solar transformer (65/86/108MVA); and associated ancillary equipment, systems and technologies including on-site access roads, switchgear, control and monitoring equipment and underground cabling.

Canadian Solar will manufacture the PV modules and medium voltage power stations for the project at its new facility in London, Ontario.

Canadian Solar chairman and CEO Shawn Qu said that the project, which is being financed by Connor Clark & Lunn and developed by Samsung, has now entered the construction phase and when complete, it will be Canada’s largest PV project.

"Being financed by Connor Clark & Lunn Infrastructure and developed by Samsung Renewable Energy, the plant is likely to become fully operational in 2015."

"We are highly confident in our team’s ability to complete this large-scale project on schedule and on budget, while creating new employment opportunities and achieving the optimum power efficiency generation target levels anticipated to be delivered by the project," said Qu.

In June 2013, Canadian Solar had signed an engineering, procurement, and construction agreement with Grand Renewable Solar, an arm of Samsung Renewable Energy, to construct the utility-scale solar power. The agreement is expected to generate revenue of around $301.1m for Canadian Solar.

The solar power project is part of the 250MW Grand Renewable Energy Park, which is being built and operated by Samsung C&T.

The renewable energy park, which received renewable energy approval from the Ministry of the Environment on 15 June 2012, will also feature the 150MW Grand Renewable wind project, along with the solar project.

In September 2013, Samsung and Pattern Energy had completed financing for the wind project, which will feature 67 SWT-2.3-101 Siemens wind turbines, with construction set to begin shortly and expected to be completed in late 2014.


Image: Grand Renewable Solar will feature Canadian Solar modules. Photo: courtesy of Canadian Solar.

Energy

Related Companies

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology