Canadian Solar Inc. subsidiary Canadian Solar Solutions Inc. has entered into an engineering, procurement, and construction (EPC) agreement with Kingston Solar LP for the construction of a 140 MW DC utility-scale solar energy farm.
The Kingston Solar project is developed by Samsung Renewable Energy Inc. The agreement is expected to generate revenue of more than C$300 million for Canadian Solar.
Construction of the utility-scale solar energy farm will begin in the third quarter of 2014, and is expected to be fully operational in the third quarter of 2015.
The agreement represents phase II of Samsung’s Green Energy Investment Agreement (GEIA) solar project development in Ontario, which totals 300MW AC. This follows the phase I agreement announced on June 10, 2013, for Canadian Solar to build the 130 MW DC Grand Renewable Energy Park in Haldimand County.
The Kingston solar farm will include more than 464,000 Ontario-made Canadian Solar Maxpower CS6X high-performance modules, which have undergone rigorous formal inspection, testing and certification.
The 140 MW DC utility-scale solar farm will produce about 173,000 MWh of electricity per year and power about 16,409 Canadian homes. It will also contribute to a cleaner environment by displacing about 119,292 metric tons of carbon dioxide emissions annually.
The solar farm is expected to create several hundred new green energy jobs during the construction, development and operation phases of the project life cycle.