Tier one PV energy provider (PVEP), Canadian Solar, has said that due to the scale of planned PV power plant projects in China, module demand is expected to exceed 10GW in 2014.
The company said that recent planning sessions with major project developers and project off-takers in the country as well as major new module orders the company has received were behind the bullish projection.
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Shawn Qu, chairman and chief executive of Canadian Solar, said: “Clearly, Chinese demand for solar modules going into the first quarter of 2014 remains strong, and based on our planning sessions with major developers and project off takers, we currently expect demand for solar modules in China to exceed 10GW in 2014.”
Qu made the comments on the back of winning a module supply deal with one of China’s main project developers, Zhenfa New Energy Science & Technology Co for projects amounting to 100MW of modules, which will be shipped in December, 2013, through January, 2014.
Zhenfa New Energy is building three projects in Gansu Province and located in Jiangyuguan, Guliang and Minqin, with a total size of 200MW. A further project in Inner Mongolia is located in Sanxin, with a size of 50MW.
The project developer is using Canadian Solar’s high efficiency CS6P245P, CS6P250P and CS6P-255P modules with power output of 245Wp, 250Wp and 255Wp for the projects.