Canadian Solar Achieves Commercial Operation on 1.98 MWp Project in Taiwan

CHANGCHUN, China, December. 24, 2019 /PVTIME/ -- Canadian
Solar Inc.
 (the "Company", or "Canadian
Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies,
today announced that it has reached commercial operation on a 1.98 MWp solar
power plant in Taiwan.

The Hualien Rongkai solar project achieved commercial operation on December
13th and is powered by 6,384 pieces of Canadian Solar modules which are certified by the Voluntary
Product Certification (VPC) and locally manufactured in Canadian Solar's Taiwan
module plant. The project is expected to generate approximately 2,505 MWh of
clean, solar electricity per year, which will be purchased by TaiPower Inc.
under a 20-year feed-in-tariff contract at the rate of NTD 4.922 (US$0.16) per
kWh.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar
commented, "We are pleased to announce the completion of our first project
in Taiwan where we are managing an early stage pipeline of 43 MWp. Canadian
Solar has had significant success in markets where we have local manufacturing
and project development presence. We expect to expand on that success and
continue to look for opportunities to grow the development pipeline in Taiwan." 

SOURCE: Canadian Solar Inc.

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