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Canadian Solar, Lightsource Sign Module Supply Agreement

Canadian Solar Inc., one of the world’s largest solar power companies, says it has signed a multi-year module supply agreement with Lightsource BP, to deliver 1.2 GW of high efficiency polycrystalline solar modules for projects in the U.S. and Australia.

The projects will be using Canadian Solar’s polycrystalline bifacial high power BiHiKu (CS3W-PB-AG) and high power HiKu (CS3W-P) modules.  Bifacial modules generate power from both the front and the rear sides of the module, which increases overall power output compared to conventional monofacial modules, while dramatically reducing the levelized cost of electricity (LCOE) of the power plant.

Lightsource BP is an independent, global company specializing in the development, funding and long-term management of utility-scale solar PV projects with around $7 billion of financing and capital raised to date and a current operational portfolio of 2 GW of solar projects.

For more information, visit: solarindustrymag.com