‘Silicon Module Super League’ (SMSL) member Canadian Solar has slightly increased its fourth quarter and full-year 2017 shipment guidance. However, the sale of US PV power plant projects, were not completed in the quarter, forcing the company to lower revenue guidance.
After the significant upwards revisions made to global solar PV manufacturing capacity expansion announcements in the first half of 2017, which we reviewed in a previous blog, the third quarter was characterised by much more tempered plans.
‘Silicon Module Super League’ (SMSL) member Canadian Solar could become a partner with small-scale PV manufacturer in France, Photowatt, a subsidiary of EDF Energies Nouvelles in establishing a manufacturing plant producing next-generation silicon ingots and wafers.
Canadian Solar has signed an Operations & Maintenance (O&M) agreement with Axium Infinity Solar LP for eight PV projects that have a combined generation capacity of 105.5MW. The firm has also announced commercial operation of a 19.1MW PV project in Japan.
EDF Renewable Services has commenced full operations and maintenance (O&M) services for Chile’s second largest solar park, the 146MW Bolero Solar PV plant in the Atacama Desert in the region of Antofagasta.
Canadian Solar subsidiary Recurrent Energy has signed off on a 20-year power purchase agreement for 45MW of PV power with Bay Area Rapid Transit (BART), the fifth largest public transit network in the US.