‘Silicon Module Super League’ member Canadian Solar has secured a major PV module supply deal with US dedicated residential solar PV installer, Sunrun.
Canadian Solar said it would supply a total of 112MW of its CS6P-265P PV modules to Sunrun in 2016. Sunrun’s main module supplier has been REC Solar, according to Sunrun’s SEC filings.
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Canadian Solar has a 500MW module assembly plant in Ontario, Canada and recently announced plans to double capacity.
Sunrun recently reported strong revenue and deployment figures in the third quarter of 2015, with 55.7MW of installations in the quarter, an increase of 85% year-on-year. Cumulative deployments had reached 528.2MW at the end of the quarter.
Sunrun expects to deploy around 205MW in 2015, a 79% organic growth rate year-over-year.