Canadian Solar commissions 35MW open access solar project in India

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Credit: Canadian Solar

Canadian Solar has commissioned a 35MW commercial and industrial (C&I), open access solar project in the Indian state of Karnataka.

The PV capacity is located in Bagalkot District and is expected to generate approximately 54,000MWh of electricity every year, providing power to off-takers from the education, healthcare, cement, and auto parts industries through 25-year power purchase agreements (PPAs).

Canadian Solar has also completed its financing of INR1 billion (US$16 million) for the C&I portfolio with Tata Cleantech Capital Limited.

Dr. Shawn Qu, chairman and chief executive of Canadian Solar, said: “We are delighted to launch our first C&I solar portfolio in India which creates sustainable value for our customers. Local businesses can benefit from clean solar energy while mitigating rising electricity costs. Canadian Solar provides strong development, technical, and financing solutions that assist businesses in their switch to clean renewable energy.”

Read Next

September 20, 2021
A subsidiary of Indian utility Tata Power has received a letter of intent to set up a 250MW grid-connected solar project in the state of Maharashtra.
September 13, 2021
The Indian state of Tamil Nadu is planning to develop 4GW of additional solar projects as well as new battery energy storage systems, according to local media.
September 10, 2021
Independent power producer ReNew Power has commissioned a 250MW portion of a 300MW solar plant in the Indian state of Rajasthan.
September 8, 2021
Sonnedix, Opdenergy and Canadian Solar were among the five successful bidders in Chile’s latest power auction, which took place yesterday (7 September) and will see the country support 2GW of renewables and storage installations.
September 7, 2021
A round-up of the latest news from the US solar market, including developments from Canadian Solar, EDF Renewables and Altus Power
September 6, 2021
India-based renewables developer Adani Green Energy has raised US$750 million through a green bond offer, securing the debt and equity needed to reach a 25GW renewables target.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK
Solar Media Events
December 1, 2021