Canadian Solar starts construction of the 100MW Grand Renewable Energy Solar Park, Canada’s largest PV project. The utility-scale solar power plant is expected to be fully operational in 2015.
Canadian Solar Solutions, a subsidiary of Canadian Solar (NASDAQ CSIQ), has begun construction of Canada’s largest PV project, the Grand Renewable Energy Solar Park. The 100MWac solar farm is is being financed by Connor Clark & Lunn Infrastructure and developed by Samsung Renewable Energy. The utility-scale solar power plant is expected to be fully operational in 2015.
The Grand Renewable Solar Park (GREP) is part of the Grand Renewable Energy Park, located in Haldimand County, Canada. GREP consists of the Grand Renewable Solar Park and Grand Renewable Wind Park, and will generate in total approximately 250MWac: 100MWac of solar and 150MWac of wind energy.
The Grand Renewable Solar Park alone is expected to bring 200 local manufacturing jobs to London, Canada, by the end of 2013, as promised in the Green Energy Investment Agreement (GEIA) between Samsung and the Government of Ontario. In total, Samsung’s GEIA project is expected to create 9,000 renewable energy jobs across the province.
“Samsung is thankful to become part of this supportive community in Haldimand and proud of this historic partnership with Six Nations,” said Mr. KJ. Kim, Executive Vice President, Samsung C&T. “The Grand Renewable Solar Project will create hundreds of high-skilled jobs that will benefit real people in this community.”
The project will include approximately 440,000 Canadian Solar modules and is expected to generate revenue of approximately $301.1 million for Canadian Solar, including Engineering, Procurement and Construction (EPC) services. The PV modules and Medium Voltage Power Stations will be manufactured in the partnership’s new London, Ontario, Canada facility, which will also supply other Samsung solar projects in Ontario.
“We thank Samsung and Connor Clark & Lunn Infrastructure, as we enthusiastically move to the construction phase of this landmark project. When completed, this will be Canada’s largest PV project ever built. We are highly confident in our team’s ability to complete this large-scale project on schedule and on budget, while creating new employment opportunities and achieving the optimum power efficiency generation target levels anticipated to be delivered by the project,” commented Dr.Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.
“We are pleased to have Canadian Solar as our construction partner and panel supplier on this groundbreaking project,” said Matt O’Brien, president of Connor Clark & Lunn Infrastructure. “As the largest manufacturer of solar panels in Ontario and among the leading integrated solar companies in the world, Canadian Solar is uniquely positioned to deliver on this unique construction project.”