Thursday, April 21, 2011

Canadian Solar Inc. (CSIQ) Secures 97 MW Solar Module Supply Agreement

Canadian Solar Inc., one of the world’s largest solar companies, announced that it has signed a 97 MW supply agreement with GP Joule. As terms of the agreement, Canadian Solar will supply its high performance solar modules to GP Joule, with all deliveries to be completed before the end of this year. As stated in today’s press release, the companies have worked together since 2009.

GP Joule operates four offices in the North and South of Germany and has joint ventures in North America and France. In the PV sector, the company focuses on implementing ground mounted large solar power plants.

“With Canadian Solar, we know we’ve got a proven partner at our side capable of delivering high performance, high value modules, able to support large scale projects,” stated Ove Petersen, CEO of GP Joule. “Canadian Solar’s modules set the standard and excel by their versatile use in particular, and they will be mostly deployed in Germany, but also all over Europe.”

Shawn Qu, Chairman and CEO of Canadian Solar, commented, “Germany has always set the model for the solar industry as one of the most attractive and efficient solar markets. This latest agreement will help Canadian Solar further expand our brand and footprint in Europe, as we leverage the full support of GP Joule, a proven local partner able to handle large scale projects.”

About QualityStocks:

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: