OTTAWA (dpa-AFX) - Canadian Solar Inc. (CSIQ) announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., completed the sale of the 10 MW AC RayLight solar power plant valued at over C$65 million or USD$56 million to One West Holdings Ltd., an affiliate of Concord Green Energy Inc.
The RayLight 10 MW AC solar power plant is located in the Township of Tay, and uses Canadian Solar's MaxPower CS6X-300/305P panels made in Canada.
'The RayLight solar project acquisition is a continuation of our investments in the Canadian renewable energy sector. We firmly believe that the demand for clean and sustainable green energy will continue to increase and that solar technologies will play a key role in satisfying that demand,' remarked Cliff McCracken, Senior Vice President of Concord Pacific.
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