{"id":369,"date":"2019-10-30T16:37:59","date_gmt":"2019-10-30T07:37:59","guid":{"rendered":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/?p=369"},"modified":"2019-10-30T16:37:59","modified_gmt":"2019-10-30T07:37:59","slug":"canadian-solar-secures-30-mwp-in-japans-4th-solar-auction","status":"publish","type":"post","link":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/2019\/369.html","title":{"rendered":"CANADIAN SOLAR SECURES 30 MWP IN JAPAN&#8217;S 4TH SOLAR AUCTION"},"content":{"rendered":"\n<div class=\"xn-content\">\n<p><location value=\"LU\/ca.on.guelph\" idsrc=\"xmltag.org\">GUELPH, Ontario<\/location>, <chron>Oct. 22, 2019<\/chron> \/PRNewswire\/ &#8212; <a target=\"_blank\" href=\"http:\/\/www.canadiansolar.com\/\" rel=\"nofollow noopener noreferrer\"><org value=\"CSIQ\" idsrc=\"xmltag.org\">Canadian Solar Inc.<\/org><\/a> (the &#8220;Company&#8221;, or &#8220;<org value=\"CSIQ\" idsrc=\"xmltag.org\">Canadian Solar<\/org>&#8220;) (NASDAQ: CSIQ), one of the world&#8217;s largest solar power companies, today announced that it has been awarded a 30 MWp project in <location value=\"LC\/jp;LB\/eas\" idsrc=\"xmltag.org\">Japan&#8217;s<\/location> 4<sup>th<\/sup> solar energy auction.<\/p>\n<p>The project is located in Maniwa City within Okayama prefecture and will be powered by high-efficiency <a target=\"_blank\" href=\"https:\/\/www.canadiansolar.com\/solarPanels\/detail\/30\" rel=\"nofollow noopener noreferrer\"><org value=\"CSIQ\" idsrc=\"xmltag.org\">Canadian Solar<\/org> modules<\/a>. Once constructed, the project will enter into a 20-year power purchase agreement with <org>Chugoku Power Electric Company<\/org> at a rate of \u00a513.47 <money>($0.12)<\/money> per kWh. The Company expects the project to reach commercial operation by 2024.<\/p>\n<p>In addition to the 30 MWp won in Maniwa City, the Company recently acquired five utility-scale solar power projects totaling 20.5 MWp that have secured feed-in-tariff contracts and are expected to reach commercial operation in the 2020-21 time frame.<\/p>\n<p>&#8220;Since we launched our Energy Business in <location value=\"LC\/jp;LB\/eas\" idsrc=\"xmltag.org\">Japan<\/location> in 2011, <org value=\"CSIQ\" idsrc=\"xmltag.org\">Canadian Solar<\/org> has completed the construction and grid connection of 39 solar power plants totaling 241.9 MWp, making us one of the largest utility-scale solar developers in the Japanese market. We are delighted to announce that our team in <location value=\"LC\/jp;LB\/eas\" idsrc=\"xmltag.org\">Japan<\/location> continues to build on our track record of success, sourcing high-quality development opportunities through acquisitions as well as government tenders, which give us further certainty on the outlook for our Japanese energy business,&#8221; commented Dr. <person>Shawn Qu<\/person>, <span id=\"spanHghlt6fd9\">C<\/span>hairman and <span id=\"spanHghlt477b\">C<\/span>hief <span id=\"spanHghltc537\">E<\/span>xecutive <span id=\"spanHghltc9fc\">O<\/span>fficer of <org value=\"CSIQ\" idsrc=\"xmltag.org\">Canadian Solar Inc.<\/org><\/p>\n<\/p>\n<p><b><\/p>\n<p style=\"margin: 0px 0px 10px; color: #77777a; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Noto Sans', Calibri, sans-serif; font-size: 16px; font-style: normal; font-weight: 400; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: rgba(255, 255, 255, 0.9); font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\"><span style=\"margin: 0px; padding: 0px; border: 0px currentColor; color: #77777a; text-transform: none; line-height: inherit; text-indent: 0px; letter-spacing: normal; font-family: 'Noto Sans', Calibri, sans-serif; font-size: 16px; font-style: normal; font-weight: 400; word-spacing: 0px; vertical-align: baseline; float: none; display: inline !important; white-space: normal; orphans: 2; widows: 2; font-stretch: inherit; background-color: rgba(255, 255, 255, 0.9); font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; font-variant-numeric: inherit; font-variant-east-asian: inherit;\"><span style=\"font-family: Noto Sans;\">SOURCE <\/span><\/span>Canadian Solar Inc.<\/p>\n<p><a href=\"http:\/\/investors.canadiansolar.com\/news-releases\/news-release-details\/canadian-solar-secures-30-mwp-japans-4th-solar-auction\">http:\/\/investors.canadiansolar.com\/news-releases\/news-release-details\/canadian-solar-secures-30-mwp-japans-4th-solar-auction<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GUELPH, Ontario, Oct. 22, 2019 \/PRNewswire\/ &#8212; Canadian Solar Inc. (the &#8220;Company&#8221;, or &#8220; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-369","post","type-post","status-publish","format-standard","hentry","category-releases"],"_links":{"self":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/comments?post=369"}],"version-history":[{"count":2,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/369\/revisions"}],"predecessor-version":[{"id":371,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/369\/revisions\/371"}],"wp:attachment":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/media?parent=369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/categories?post=369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/tags?post=369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}