Canadian Solar Inc., one of the world's solar power companies, today announced it is the supplier of 8.7 MW of its MaxPower CS6X Solar Modules to EOSOL Mexico. The ground mounted solar project is located in Durango, Mexico and represents Mexico's second largest Photovoltaic project to date. The formal ribbon cutting celebration is scheduled for an unannounced date in first quarter of 2014.
EOSOL MEXICO, one of Mexico's most recognizable names in renewable energy project development and investment, is part of the EOSOL Group, which previously collaborated with Canadian Solar on other solar projects in France and Spain. According to Carlos Ludlow, CEO of EOSOL Mexico, this installation in Durango is the first phase of an EOSOL mega-project, which will generate up to more than 200 MW over the next two years.
"We are very excited to be a part of this important project in such an attractive emerging market. To put the 8.7 MW size in perspective, the entire installed Mexican PV market was approximately 30 MW in 2012. We are thankful for the hard work and high quality of our partner EOSOL EM and its team. This is another example of Canadian Solar working closely with strong partners in local markets in order to maximize the potential opportunities we can successfully pursue," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc.
M. Oscar Bernal, Development Director of EOSOL Group added, "I am honored that we have had the full support of the State Governor, the Honorable Jorge Herrera Caldera, which has made our Durango project a success. Canadian Solar has once again proven to be a trusted companion on our first project in Mexico and will remain an example to follow. We look forward to working together with all of our partners to further stimulate growth of the solar industry and job creation in Mexico."
Installed by TSK Electronica y Electricidad S.A., the project known as "TAI-I" will power approximately 8,000 Mexican homes, while energizing the local economy through job creation and the introduction of a new, opportunity-filled industry to the region. In addition to leading plant Engineering and Construction, TSK is also providing the financing from project initiation through grid connection. With this project, TSK becomes one of the main EPC companies in the region, having installed more than 27 MW of photovoltaic projects in Puerto Rico and with 90 MW of other energy sources in Nicaragua, Mexico, Honduras and Colombia.