Canadian Solar has become involved in PV projects totaling 122MW in the US. The involvement comes in the form of either acquisitions or joint ventures of projects. The company is participating in the construction of 11 US PV projects in sizes from 2MW to 29MW, the last of these projects is to be completed in 2014. Canadian Solar has previously announced that it will broaden its Canadian portfolio with approximately 340MW of projects in Ontario and has already completed three of those projects. The company is now looking to expand its project development to the US market.
“Canadian Solar's projects team compliments our business strategy, offering our customers and partners a more complete solution package,” said Shawn Qu, CEO of Canadian Solar. “Additionally, the investment we have made in starting the new US projects team signifies our continued commitment to the US market. The team's extensive solar experience enabled us to hit the ground running, with 11 projects in less than six months and the ability to now further grow our business in the US market.”