Canadian Solar Completes Sale Of Aria Solar Power Plant To Concord Green Energy

Canadian Solar Inc., one of the world’s largest solar power companies, recently announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., completed the sale of the 9 MW AC Aria Solar Plant (“Aria”) valued at over CAD $65.6 Million (USD $47.2 Million) to One West Holdings Ltd., an affiliate of Concord Green Energy Inc. (“Concord”). The Aria 9 MW AC solar power plant is located in the Township of Elmvale, Ontario and consists of 48,528 Canadian Solar MaxPower CS6X-300/310P PV modules.

The environmental benefits that will be generated from this solar system are significant. The amount of clean solar energy that the Aria plant will generate is estimated at 15,956 MWh per year, and 277,754 MWh over 20 years. The amount of carbon dioxide that will be displaced during the system’s 20 year lifetime is approximately 191,526 metric tons, equivalent to taking approximately 40,321 cars off the road for one year.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, “We are delighted to complete the sale of Aria LP utility-scale solar power plants to Concord Green Energy. This is the fourth project we have delivered to Concord Green Energy and will be an addition to the portfolio of projects we are providing operations and maintenance services on.”