Canadian Solar Sells Liskeard 1 Solar Power Plant to TransCanada

Guelph, Ontario, Canada | December 29, 2014 — Canadian Solar Inc., one of the world’s largest solar power companies, announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has closed the sale of the Liskeard 1 solar power facility, totaling 10 MW AC to TransCanada Corporation. The Liskeard 1 project, located in New Liskeard, Ontario, uses Canadian Solar’s MaxPower CS6X-P modules and is valued at approximately C$60 million ($52 million). Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, “We are happy to complete the sale of another solar power plant to TransCanada, one of North […]

By Derick Lila December 30, 20140

Guelph, Ontario, Canada | December 29, 2014 — Canadian Solar Inc., one of the world’s largest solar power companies, announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has closed the sale of the Liskeard 1 solar power facility, totaling 10 MW AC to TransCanada Corporation.

The Liskeard 1 project, located in New Liskeard, Ontario, uses Canadian Solar’s MaxPower CS6X-P modules and is valued at approximately C$60 million ($52 million).

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, “We are happy to complete the sale of another solar power plant to TransCanada, one of North America’s most successful energy infrastructure companies.

This transaction is a testament to Canadian Solar’s expertise in developing, constructing, and energising utility-scale solar power plants, and it demonstrates our leadership position in solar project development on a global scale.”

Derick Lila

Derick is a Clark University graduate—and Fulbright alumni with a Master's Degree in Environmental Science, and Policy. He has over a decade of solar industry research, marketing, and content strategy experience.