November 18, 2022 – TheNewswire – Canadian Solar (NASDAQ:CSIQ) has announced that its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar project located in the Fukushima Prefecture, has reached commercial operation.
The Azuma Kofuji project is powered with the company’s high efficiency HiKu modules. The clean energy generated from the project is being purchased by the Tohoku Electric Power Company under Japan’s feed-in-tariff program. Canadian Solar’s local subsidiary will perform long-term operations and maintenance of the power plant.
Built on 460 acres, the project is expected to produce approximately 106,800 MWh of clean and reliable energy. The project provides enough capacity to power approximately 31,000 households and eliminate over 50,000 metric tons of CO2-equivalent emissions annually.
Dr. Shawn Qu, Chairman and CEO of Canadian Solar stated: “These projects continue to expand Canadian Solar’s strong track record in Japan as we keep developing our business in a sustainable and responsible manner and contributing to Japan’s clean energy transition. We now have over 470 MWp of utility-scale projects that are operational or under construction”
Canadian Solar is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules and a developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development.
Shares of Canadian Solar trade on the NASDAQ under the ticker symbol CSIQ. For more information visit www.greenstocknews.com.
This content is not financial advice and is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content and other materials including web content are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or materials that it publishes electronically.
View original video news clips here: https://greenstocknews.com/green-stock-newswire
Copyright (c) 2022 TheNewswire – All rights reserved.