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News Article

Canadian Solar announces new US projects

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Canadian Solar has announced it was selected to supply 84,480 solar modules to National Renewable Energy Corporation (NARENCO) for four utility scale solar projects totalling 25.3 MW in Wayne and Duplin counties of North Carolina.

Andrew Giraldo, Chief Financial Officer of NARENCO, commented, "NARENCO is pleased to be working with Canadian Solar on these projects. The Company's excellent reputation and high quality are representative of the types of companies we like to work with. We look forward to building a long-lasting relationship with Canadian Solar."

The installations consist of four separate projects, three being in Wayne County and one located in Duplin County. The Wayne County projects, the first of which is named Wayne Solar I, is located in Mount Olive. This ground installation is 6.48 MW with an anticipated annual output of 9,750 MWh. The remaining pair of Wayne County projects, Wayne Solar II and Wayne Solar III are located in Goldsboro, and are also 6.48 MW in size. Individually, the Wayne Solar Projects will allow 34,276 tons of CO2 offset, equivalent to removing 4,155 vehicles off the road. The fourth project, named Duplin Solar I is located in Kenansville and is 5.83 MW in size, with anticipated annual output of 8,775 MWh.

Canadian Solar's CS6X- 300W max power modules, considered some of the highest performing modules in the industry, are powering all of the ground installation sites.

"We are pleased to be selected by NARENCO to power these latest four projects, as we continue to build upon our global leadership position. We share in NARENCO's commitment to providing cleaner, less expensive and more efficient energy," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc.

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