Canadian Solar has signed a sales agreement that will see the company supply 81MW of solar modules to Saferay, Berlin-based developer, owner and operator of large-scale PV power plants, at a fixed price for projects based in Germany. With delivery of the modules already underway, the entire 81MW is expected to be delivered to Saferay before the end of the third quarter 2011.The cost of the transaction was not revealed.
Formed in 2010 as a spin-off from one of Germany’s solar cell manufacturers, Saferay constructed four double-digit MW-sized solar power plants last year alone. Neither the scale nor the location of the power plants for which these modules are destined was revealed.
“We are proud to be working with Canadian Solar,” commented Dr. Marko Schulz, CEO of Saferay. “The company came out on top of our selection criteria, including quality, reliability, customer service and brand attractiveness to customers. Strong partners, like Canadian Solar, are critical to Saferay’s continued success and fast growth.”