CAPE TOWN, South Africa,
Oct. 23, 2017 /PRNewswire/ --
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:
CSIQ) is the proud supplier of 666.4 kW of solar PV modules for the
iconic solar project on Robben
Island, near Cape Town in
South Africa. Robben Island is a high-security prison where
Nelson Mandela was jailed for 18
years. It is now designated as a UNESCO World Heritage Site.
This microgrid solar project has been designed and constructed
by SOLA Future Energy, the EPC partner of the Department of
Tourism, using CS6U- 340M Canadian Solar modules. The official
solar system inauguration took place on Robben Island on October
19th, 2017. Dr. Shawn Qu, Chairman, President and CEO Canadian
Solar Inc. was invited as guest of honor by SOLA Future Energy and
the Department of Tourism of South
Africa.
The solar PV farm consists of 1960 Canadian Solar (CS6U-340M)
high-efficiency modules with a total of 666.4 kW power supply.
Robben Island uses almost 2 million
kWh of electricity annually. This solar system will produce almost
1 million kWh of electricity annually, significantly reducing cost
of diesel and its transportation cost to the island.
"The microgrid on Robben Island
is the largest combined solar and lithium-ion storage microgrid
system in South Africa," said Dom
Wills, CEO of SOLA Future Energy, who were responsible for the
design and construction of the project. "For Robben Island, we have
chosen our partners carefully as we wanted to ensure highest
quality, safety and sustainability. For this very reason, Canadian
Solar as a module supplier, was the natural fit, making a
difference in lighting up Africa
and Robben Island together. With
this PV installation, a reduction of the Island's carbon emission
by at least 820 tons can be achieved."
"It is my great honor to have been invited to the opening of the
Robben Island Solar Park, as this island is closely linked to the
history of South Africa and
Nelson Mandela and his vision for a
better future. Canadian Solar would like to take our share in the
promotion of solar energy and to pave the way forward to a greener
and more sustainable future in Africa." commented Dr. Shawn Qu.
About Robben Island:
Youtube Video: https://youtu.be/c-ULxbjDnuA
About Canadian Solar Inc.
Founded in 2001 in Canada,
Canadian Solar is one of the world's largest and foremost solar
power companies. As a leading manufacturer of solar photovoltaic
modules and a provider of solar energy solutions, Canadian Solar
has a geographically diversified pipeline of utility-scale power
projects in various stages of development. In the past 16 years,
Canadian Solar has successfully delivered over 22 GW of premium
quality modules to over 100 countries around the world.
Furthermore, Canadian Solar is one of the most bankable companies
in the solar industry, having been publically listed on NASDAQ
since 2006. For additional information about the company, follow
Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Canadian Solar's Safe Harbor/Forward-Looking
Statements
Certain statements in this press release regarding the Company's
expected future shipment volumes, gross margins, business prospects
and future results, are forward-looking statements that involve a
number of risks and uncertainties that could cause actual results
to differ materially. These statements are made under the "Safe
Harbor" provisions of the U.S. Private Securities Litigation Reform
Act of 1995. In some cases, you can identify forward-looking
statements by such terms as "believes," "expects," "anticipates,"
"intends," "estimates," the negative of these terms, or other
comparable terminology. Factors that could cause actual results to
differ include general business and economic conditions and the
state of the solar industry; governmental support for the
deployment of solar power; future available supplies of high-purity
silicon; demand for end-use products by consumers and inventory
levels of such products in the supply chain; changes in demand from
significant customers; changes in demand from major markets such as
Japan, the U.S., India and China; changes in customer order patterns;
changes in product mix; capacity utilization; level of competition;
pricing pressure and declines in average selling prices; delays in
new product introduction; delays in utility-scale project approval
process; delays in utility-scale project construction; cancelation
of utility-scale feed-in-tariff contracts in Japan; continued success in technological
innovations; litigation; and other risks as described in the
Company's SEC filings, including its annual report on Form 20-F
filed on April 27, 2017. Although the
Company believes that the expectations reflected in the
forward-looking statements are reasonable, it cannot guarantee
future results, level of activity, performance, or achievements.
Investors should not place undue reliance on these forward-looking
statements. All information provided in this press release is as of
today's date, unless otherwise stated, and Canadian Solar
undertakes no duty to update such information, except as required
under applicable law.
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SOURCE Canadian Solar Inc.