Canadian Solar Inc. has won three solar PV projects, totaling 364 MW in Brazil's A-4 auction that was held on April 4, 2018. The projects, located in the states of Minas Gerais and Ceara, have been awarded 20-year PPA with an average price of 118.15 BRL/MWh ($35.58/MWh). Once connected to the grid, the plants will generate approximately 706,056 MWh of electricity every year. Canadian Solar will develop and build the projects, targeting to bring them to commercial operation by 2022.
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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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