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  • Canadian Solar, Inc. (CSIQ) Initiates Expansion Into Puerto Rico With 26 MW Solar Power Plant Installation 0 comments
    Oct 3, 2012 2:13 PM | about stocks: CSIQ

    Canadian Solar, a prominent solar company worldwide, announced today that it has delivered 26 high-quality, high-performing 1 MW CS6P-P solar power modules to EPC Contractor TSK Solar for the "San Fermin" solar power plant installation in Puerto Rico, co-developed by Uriel Renewables Inc. and Coqui Power LLC. The plant is located in the North Eastern town of Loiza. The project's electrical equipment has been installed on structures for elevation of two to four meters above the ground because the town experiences hurricanes, tropical storms, and flooding regularly. The equipment has also been designed to withstand up to 260 kilometer per hour winds.

    The solar power system is on schedule to be completed and hooked up to the national grid in December 2012. Upon completion, the plant will be the first photovoltaic project in Puerto Rico to meet the technical requirements of the Puerto Rico Electric Power Authority (PREPA) by enabling both active and reactive power regulation. In addition, the plant will be capable of accommodating any sudden fluctuations in solar intensity through the adjustment of the electrical frequency and the modulation of the voltage at the grid connection point. The photovoltaic plant will also be connected to its own predictive weather station to prepare the solar power plant for abrupt increases or reductions of sunlight.

    "This PV project has proven to have an extra degree of complexity, as we needed to plan, design and engineer for weather conditions particular to the Caribbean region ranging from hurricanes and flooding to a variety of soil types. The solar plant was also designed to operate in a challenging electrical environment, with 40% overcurrent, voltage control issues and the need for a back-up energy storage system. Given this highly demanding environment, the high-quality and durability of Canadian Solar's modules was essential in meeting the strict requirements for us and our development partner, Uriel," stated Roberto Montes, General Manager of TSK Solar. "Thanks to the robustness of our PV components, the new installation will help further stabilize Puerto Rico's electrical grid."

    "The joint efforts, focus and cooperation of all stakeholders involved in this project have helped keep the installation on its planned schedule," said Fernando Metcalf, President of Uriel Renewables. "Canadian Solar's experience, module reliability and high quality has proven to be the right choice for the San Fermin project. We look forward to continue developing the relationship as we deploy our solar PV pipeline in the region."

    Canadian Solar's CS6P-P solar modules, which were selected for the Loiza project, recently received the highest PV USA (NASDAQ:PTC) ratings - a universally recognized indicator of a solar system's real performance and power output.

    "We continue to expand our global presence in markets that are attractive from a financial perspective and where we can work with strong local partners to ensure success," said Dr. Shawn Qu, Chairman and CEO of Canadian Solar. "We are excited to be involved with innovative solar power plants, like the one in Loiza, as they showcase solar an option for a much wider range of markets with challenging energy needs."

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    Stocks: CSIQ
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