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Canadian Solar acquires Chilean portfolio

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Energy Global,

Canadian Solar Inc., has announced the acquisition of a 47.5 MWp portfolio of solar projects under development in Chile. These projects will become operational in two different stages, beginning from 4Q2020.

The projects will be located in the Araucanía and Maule Regions of Chile and will use approximately 132 000 pieces of Canadian Solar's high efficiency BiHiKu bifacial modules, expected to generate over 89.1 GWh of electricity. The projects will operate under the 'Pequeños Medios de Generación Distribuída' (PMGD) scheme, and given their current stage of development, will be part of the current stabilised price regime, with prices updated and published by the Comisión Nacional de Energía (CNE) every six months.

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