Canadian Solar Inc. announced that the company has won the distinction of “Best PV Module Manufacturer” in Brazil, by an overwhelming voting margin, in the “Second Annual Innovation and Technology Award,” organized by FRG Group Media & Events and sponsored by RBS Magazine – Journal of Photovoltaic Solar Energy.
In the last two years, Canadian Solar has won three projects in Brazil totaling 394 MWp with awarded long-term PPAs. Canadian Solar has invested more than US$ 23 Mio in building a local factory with the annual production capacity of 360 MWp of modules. The production will start next month.
Recently Canadian Solar sold 80% interest in its 191.5 MWp Pirapora I project in Brazil to EDF EN do Brasil. Canadian Solar will supply the modules for the Project from its new Brazilian module factory.
“Brazil is a key emerging market for solar and for Canadian Solar. We are extremely proud of the recognition that Canadian Solar has received as a leader in the Brazilian solar market.” said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. Canadian Solar will accept the award in a ceremony scheduled for November 16, 2016.