Canadian Solar Infrastructure Fund : Notice Concerning the Temporary Output Curtailment by Kyushu Electric Power – EQ Mag Pro
Notice Concerning the Temporary Output Curtailment by Kyushu Electric Power
During the period from March 7 to March 13, 2022, the Kyushu Electric Power Transmission and Distribution Co., Inc. (“Kyushu Electric”) conducted its temporary curtailment on renewable energy output in Kyushu under the Renewable Energy Act, pursuant to which electric utility operators are able to suspend energy procurement without compensation for a certain period. Canadian Solar Infrastructure Fund, Inc. (the “Fund” or “CSIF”) hereby provides further update on the impact to the Fund’s assets in Kyushu during this period.
1. CSIF PV Plant affected by this Curtailment
Based on the Kyushu Electric notification, energy generation from the Fund’s PV Power Plant was temporarily suspended for certain time slots Kyushu Electric designated on the date provided above.
The following PV Plant was affected by the Curtailment by Kyushu Electric.
|
PV Facility |
Solar Module Output |
Date of Temporary |
|
(MW) |
Curtailment Suspension |
|
|
S-01_CSShibushi-shi |
1.22 |
March 8 and 9, 2022 |
|
S-02_CSIsa-shi |
0.93 |
March 9 and 12, 2022 |
|
S-04_CSIsa-shiDai-ni |
2.01 |
March 9, 2022 |
|
S-05_CSYusui-cho |
1.74 |
March 9 and 12, 2022 |
|
S-06_CSIsa-shiDai-san |
2.23 |
March 9 and 12, 2022 |
|
S-09_CSAshikita-cho |
2.34 |
March 10, 2022 |
|
S-10E_CS Minami shimabara-shi East |
2.23 |
March 10 and 12, 2022 |
|
S-10W_CSMinamishimabara-shi West |
1.69 |
March 10 and 12, 2022 |
(Note) Fund shifts from curtailing output for an entire day to curtailing output in increments and only at peak hours for those power plants with remote-controlled curtailment devices.
- The Financial Impact of the Curtailment
The financial impact during March of this Curtailment is to be provided in the middle of April together with the impact of the curtailment announced in “Notice Concerning the Temporary Output Curtailment by Kyushu Electric Power” released on March 7, 2022 and the following announcements in March after today, if any. - Disclosure timing of the Temporary Output Curtailment
Although disclosures for the temporary output curtailment had been made together with the financial impact on the next Monday (next business day if it is not a business day) if the temporary output curtailment is conducted from Monday to next Sunday from the disclosure “Impact of the Temporary Output Curtailment by Kyushu Electric Power” released on May 7, 2019, after “Notice Concerning the Temporary Output Curtailment by Kyushu Electric Power” released on February 22, 2021, the disclosure for the combined fact that the temporary output curtailment has been conducted will be made next Monday (next business day if it is not a business day) if the temporary output curtailment is conducted from Monday to next Sunday and the financial impact will be disclosed monthly basis in the middle of next month so that Canadian Solar O&M Japan K.K., the O&M operator for CSIF, aggregates detailed data on the time slots the curtailment conducted for the Installed Power Plant and the substantial suspended energy output for those power plant to disclose more accurate information.
Source: marketscreener
