EDF, Canadian Solar Sign 1.8GW Supply Deal
- Jun 05, 2019
Canadian Solar Inc., a manufacturer of solar photovoltaic modules and provider of solar energy solutions, has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1.8 gigawatts of high-efficiency poly solar modules for projects in the U.S., Canada and Mexico. The manufacturing company will supply its bifacial enhanced wafer BiHiKu and HiKu modules to EDF Renewables’ solar projects.
The agreement marks Canadian Solar’s largest supply deal to date. In a press statement, the company describes it as an “anchor” of its more than 3 gigawatts of contracts in the U.S. through 2023, the last year to complete projects that are safe harbored under the 30 percent Investment Tax Credit.
EDF Renewable’s solar project pipeline includes the 111-megawatt Valentine Solar, a solar farm spread across 1,260 acres of private land in Kern County’s Mojave Desert. Slated for completion in December 2019, it will consist of horizontal single-axis photovoltaic technology estimated to avoid more than 225,000 metric tons of carbon dioxide emissions annually, which is the equivalent to the emissions of 48,000 passenger vehicles driven over the course of one year. EDF Renewables signed a 15-year PPA with Southern California Edison for the electricity produced at the facility.
The 500-megawatt Palen Solar Project that’s currently under development on 3,478 acres of federal lands administered by the Bureau of Land Management in Riverside County, Calif., will begin commercial operation in 2020. It is estimated it will generate enough energy to power approximately 100,000 California homes while supporting the state’s renewable energy goals.