Canadian Solar Inc. has been awarded a 112 MW PV project in the state of Pernambuco, Brazil, in the country's A-4 auction that was just held in December. Canadian Solar will develop and build the project. Construction is planned to start in 2020 and the project is expected to reach commercial operation before January 2021.
The »Salgueiro« project has been awarded a 20-year Power Purchase Agreement at 145.44 BRL/MWh ($44/MWh). The company will supply more than 310,000 PV panels. Once connected to the grid, the facility will generate approximately 255,743 MWh of electricity every year.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
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