Canadian Solar Inc., one of the world's largest solar companies,and GP Joule announced a 97 MW supply agreement. Under the agreement, Canadian Solar will supply its high performance solar modules to GP Joule, with all deliveries under the 97 MW supply agreement to occur before December 31, 2011. 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 mostly 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," said 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, said, "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."