Canadian Solar has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the United States, Canada and Mexico. Utilizing unique multi-year contractual terms, Canadian Solar will supply its bifacial BiHiKu (CS3W-PB) and monofacial 400-W HiKu (CS3W-P) modules to EDF Renewables’ multiple solar projects.
“EDF Renewables North America is pleased to announce this substantial module supply agreement with Canadian Solar Inc. The agreement demonstrates our confidence in the bifacial module technology to support our robust pipeline of contracted projects over the next five years,” said Tristan Grimbert, President and CEO of EDF Renewables North America.
This module supply agreement is the largest single module supply agreement signed in Canadian Solar’s 18-year history and is an anchor of the company’s more than 3 GW of forward-committed contracts in the North American market through 2023.
“We are excited to partner with EDF Renewables to help them bring a stable supply of clean, reliable solar energy to the North American market,” said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. “As the U.S. market recovers from the uncertainties brought by Section 201 tariffs and rushes to meet the step-down of the Investment Tax Credit deadline, we are seeing a significant rebound of demand in the U.S. solar market which impacts module supply across the entire region. This contract continues to strengthen the global partnership between EDF Renewables and Canadian Solar.”
News item from Canadian Solar