Canadian Solar Inc. (the "Company", "we" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, announced it has entered into a sales contract with Siemens. Under the agreement, Canadian Solar supplied 2.5 MW of solar modules for two solar projects -- a rooftop system and a carport -- constructed by Siemens for the University of Murcia, Spain. For both projects, Siemens used Canadian Solar's MaxPower CS6X modules, the company's utility-scale module series. Due to its larger size, power and performance, MaxPower cuts balance of system costs per watt by optimizing tracker and racking space.
"We are proud that Siemens selected Canadian Solar's modules for this green initiative. We look forward to continuing to partner with global leaders, such as Siemens, to promote the expansion of solar power worldwide," commented Dr. Shawn Qu, Chairman and CEO of Canadian Solar.