May 29 (Renewables Now) - Canadian Solar Inc (NASDAQ:CSIQ) today unveiled a multi-year agreement with EDF Renewables North America to supply 1.8 GW of photovoltaic (PV) modules for its projects in the US, Canada and Mexico.
As part of the deal, Canadian Solar will deliver its bifacial enhanced wafer BiHiKu (CS3W-PB) and HiKu (CS3W-P) modules. The equipment will be used at multiple projects in the above-mentioned countries. Financial information on the deal and details on specific PV projects were not provided.
This is the largest single solar module supply contract for Canadian Solar, the company said. Commenting on the US market, in particular, Canadian Solar’s chairman and CEO Shawn Qu noted that demand is recovering after the market was shaken by uncertainties around the Section 201 case and rushes to meet the step-down of the Investment Tax Credit (ITC) deadline.