Canadian Solar Selected for 367 MW Solar Projects in the Energy Auction in Mexico

GUELPH, Ontario, Nov. 27, 2017 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has won 367 MWp of solar power projects in Aguascalientes, Hermosillo and Obregón, Mexico in the country's third Long-term Auction for renewables held on November 15, 2017.   Canadian Solar will develop and build three projects, totaling 367 MWp. Once connected to the grid, the electricity generated will be sold to the Comisión Federal de Electricidad (CFE) under a 15-year Power Purchase Agreement for Energy and 20-year for Clean Energy Certificates (CELs) at an average price of US$21/MWh. The proj...

via Canadian Solar Inc. Press Releases http://ift.tt/2k76Tn6