Canadian Solar commits to five new contracts totalling 14.9MW

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Canadian Solar, Inc. has inked five new sales contracts totalling 14.9MW over the past three weeks. The Italy- and Czech Republic-based companies, who will receive a total of 14.9MW of modules from Canadian Solar in the second half of 2008, are: Arco Energy, AC Service, Ravano Green Power and Albatec in Italy and WSW in the Czech Republic.

With this new set of orders, CSI’s geographic sales are as follows, with all figures estimated: 60% from Germany, 15% from Spain, 7% from the USA, and 10% from newly emerging markets in the rest of Europe. Approximately 8% of this year’s sales figures are from South Korea and China.

By Síle Mc Mahon

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