Canadian Photo voltaic has signed a 256MW module provide settlement with South African unbiased energy producer (IPP) SOLA Group.
By its majority-owned subsidiary CSI Photo voltaic Co., Canadian Photo voltaic will provide a complete of 390,073 BiHiKu 7 modules to the 126MWp and 130MWp tasks, each in South Africa’s North West province. The BiHiKu 7 is a bifacial module primarily based on 210mm wafers, with a reported effectivity of as much as 21.6%.
The tasks are forecast to generate round 580GWh yearly.
“These are the primary photo voltaic tasks of this scale in South Africa which are primarily based on non-public energy buy agreements,” stated Dom Wills, CEO of SOLA Group. “It’s additionally an excellent plus for the nation that these tasks are 100% South African owned, financed, constructed, operated and managed.”
Shawn Qu, chairman of Canadian Photo voltaic stated: “This can be a nice achievement and an essential step in South Africa’s plan to permit extra versatile electrical energy buying and selling by opening up the grid.”
Canadian Photo voltaic lately stated that it’s going to give attention to n-type TOPcon modules sooner or later, anticipating this expertise to account for a 3rd of its shipments in 2023.
Earlier this month, the European Funding Financial institution introduced a financing scheme to assist US$400 million price of renewables funding in South Africa, following an August announcement by the nation’s authorities aimed toward easing the addition of renewable power to its grid.
