Canadian Solar Extends Lightsource Partnership with Four New Regional Projects
Canadian Solar (NASDAQ: CSIQ), one of the world's largest solar companies, announced that it has been working with leading solar project developer, Lightsource Renewable Energy Limited, in the completion of four solar power plants throughout England. The new ground-mounted PV plants were built in Cornwall (Bodmin), Lincolnshire (Spalding) and Somerset (Taunton), with a combined capacity of 6.4 MW.
"With its ease of installation and speed of deployment, solar energy continues to offer benefits to all involved and the Spalding installations, which were built on a Butterfly and Wildlife Park, are a great example of how large scale solar farms can be integrated into the countryside successfully," said Nicholas Boyle, CEO of Lightsource. "As our pipeline continues to develop, we see the UK having great potential for further solar power generation. Clean, renewable and reliable solar power will be vital in contributing to the UK's commitment to reducing carbon emissions."
Lightsource is currently one of the largest owners and developers of solar photovoltaic energy in the UK with over 38 MW of operational solar projects. Working to a time scale of 9-12 weeks to complete the projects, Canadian Solar was selected to work on the projects on the basis of its competitive price/performance ratio and high performing, quality products.
"We share our partner's commitment to the expansion of solar power. Throughout the project we were confident that we could meet the ambitious installation schedule given our extensive track record in other similar installations and the confidence we had in working with Lightsource, a high calibre partner on these projects," commented Dr Shawn Qu, Chairman and CEO of Canadian Solar. "We look forward to continuing to promote the expansion of solar power in the UK."
Lightsource Renewable Energy Limited is a major British Solar energy developer and operator with a number of projects currently under construction throughout the country. Lightsource is UK based with a growing development team of experienced solar engineers, planners, and project managers. Founded in 2010, the company has made rapid progress over the past two years, establishing itself as the pre-eminent player in the UK Solar PV sector.
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