Monday, June 10, 2013

Canadian Solar Signs C$310 Million EPC Agreement for the Construction of a 130 MW DC Solar Power Plant in Ontario

Once upon a time, the Ontario government signed an agreement with a Korean Consortium to kick-start a push into renewable energy.
Many years later the KEPCO member of the consortium is never referenced, and it appears increasingly as if all works will be outsourced.

Canadian Solar Signs C$310 Million EPC Agreement for the Construction of a 130 MW DC Solar Power Plant in Ontario - WALB.com, Albany News, Weather, Sports:
GUELPH, Ontario, June 10, 2013 /PRNewswire-FirstCall/ -- Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, today announced that its subsidiary, Canadian Solar Solutions Inc., has entered into an Engineering, Procurement, and Construction (EPC) agreement with Grand Renewable Solar LP, a solar energy project developed by Samsung Renewable Energy Inc.for the construction of a 130 MW utility-scale solar power plant. This EPC agreement is expected to generate revenue of approximately C$310 million ($301.1 million) for Canadian Solar. Construction of the solar power plant will begin in the third quarter of 2013, with the facilities expected to be fully operational in 2015.
Continue reading the PR Newswire release

My assumption is this project is the same one that received a renewable energy approval in July 2012 - for only 100MW:


SCHEDULE A
Facility Description
The Facility shall consist of the construction, installation, operation, use and retiring of the
following: 
(a) approximately 425,000 solar photovoltaic (PV) panels, consisting of one hundred (100) 1 MW transformers and two hundred (200) inverters with output capacity in AC of each inverter being 500 kW; 
(b) one transformer substation consisting of a solar transformer rated at approximately 65/86/108 megavolt-ampere (MVA); and 
(c) associated ancillary equipment, systems and technologies including on-site access roads, switchgear, control and monitoring equipment, and underground cabling, all in accordance with the Application.


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