Canadian Solar’s recent sale of PV power plants in China reaches 89MW

April 12, 2017
Facebook
Twitter
LinkedIn
Reddit
Email
Energy firm, Shenzhen Energy paid approximately RMB687.1 million (US$99.8 million) for the two projects. Image: Canadian Solar

‘Silicon Module Super League’ (SMSL) member Canadian Solar has completed the sale of a further two solar power plants in China, totalling approximately 69.5MWp to Shenzhen Energy Nanjing Holding Co.

Energy firm, Shenzhen Energy paid approximately RMB687.1 million (US$99.8 million) for the two projects. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The SMSL had closed the sale of two solar power plants totalling 19.5MWp in the fourth quarter of 2016, valued at around RMB220 million (US$32 million), bringing the recent total to 89MW and around US$131.8 million in expected revenue. 

At the end of March, Canadian Solar’s PV project pipeline in China stood at around 400MWp and had 198MWp of operating plants in the country, before the latest sale to Shenzhen Energy.

Read Next

January 2, 2026
Canadian Solar has appointed Colin Parkin to its presidency to replace Dr Shawn Qu, who will remain as the company’s chairman and CEO.
December 31, 2025
The Chinese PV industry has witnessed a wave of collective price hikes across the supply chain, from wafers, solar cells, to modules, with prices rising to varying degrees.
December 31, 2025
The government of Bahrain has laid the foundation stone for a 100MW solar power plant in the Al Dur area of the Southern Governorate. 
December 31, 2025
As the year comes to an end, we bring you a recap of the most-read stories throughout 2025, with the US taking most of the spotlight.
Sponsored
December 31, 2025
LONGi hosted a 'green tech for a shared future' event at COP30, which emphasised the importance of the integration of renewable technologies.
December 31, 2025
Premier Energies and Waaree have both won module supply orders, while KP Group has signed a MoU with the Government of Botswana. 

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
November 24, 2026
Warsaw, Poland