Canadian Solar opens solar module manufacturing facility in Brazil
Canadian Solar has started its solar module manufacturing facility in Sorocaba in Brazil.
This new facility is one of the largest in this country with an annual capacity of 380MW of Brazil solar modules.
Canadian Solar chairman and CEO of Dr. Shawn Qu said: “This is a great day for Canadian Solar, the supportive local government, and the people of Brazil.
"Our new state-of-the-art facility is already having a positive impact on Brazil's economy through the jobs created, investment made in the local economy, and our help in the promotion and further development of the country's renewable energy industry.
“Our current solar project portfolio in Brazil has reached 390 MWp, of which EDF EN do Brazil, the local subsidiary of EDF Energies Nouvelles, bought 80% of the equity interest of our 191 MW Pirapora I project (expected to come online in 3Q17).
"We now gain a powerful competitive advantage with our new local content facility, which we will leverage in Brazil, one of the world's most attractive and fastest growing solar markets."
Until September this year, Canadian Solar had 2GWp of utility-scale solar project pipeline worldwide among which its portfolio of operating solar power plants amounts to 948 MWp.
In Brazil, Canadian Solar’s current utility-scale solar project pipeline touches 390 MWp that includes 191 MWp Pirapora I project, 109 MWp Pirapora II project and 90 MWp Vazante project.
The Pirapora I project will start commercial operation in the third quarter of 2017, while Pirapora II and Vazante projects are expected to commence operations from 2018.
The company claimed that it will provide Brazil-made solar modules for its projects in this country.