22.4 C

Canadian Solar ranks No.1 in cumulative solar capacity in Japan’s auction program

On 17 May, Canadian Solar Inc. (NASDAQ: CSIQ) announced that its wholly-owned subsidiary Canadian Solar Projects K.K. together with its owned special purpose vehicles (SPVs), topped the ranking of cumulative capacity of solar projects awarded under Japan's feed-in tariff (FIT) auction program since its launch in 2017, according to the latest research published by Clean Tech Lab, Nikkei BP Intelligence Group.

canadian solar.jpg

Canadian Solar's cumulative successful bids of 180 MWac under the FIT auction program is nearly twice of that of the second ranked.

Canadian Solar entered the Japanese market more than a decade ago to both develop solar power projects and sell solar modules. The company has developed around 350 MWp solar projects in Japan since 2011 and has a pipeline of 345 MWp, including 174 MWp under construction as of January 31, 2022.

As one of the leading brands in Japan, Canadian Solar has delivered over 5.5 GW modules to residential, commercial, and utility-scale customers since 2009.

Dr. Shawn Qu, Chairman and CEO of Canadian Solar commented, "Our number one position in cumulative market share in Japan's FIT auction program demonstrates our competitiveness in that market.”

He added that, “we remain committed to the Japanese solar market, where we foresee a strong PPA demand. We will leverage our expertise and leadership in both project development and solar modules sales to provide more clean and safe renewable energy in Japan."

Over the past 20 years, Canadian Solar has delivered over 67 GW of solar photovoltaic modules globally. And since 2010 when the company started its project development business, Canadian Solar has developed, built and connected over 6.3 GWp of solar power systems in over 20 countries.


Please enter your comment!
Please enter your name here

You Might Also Like

Canadian Solar inks deal to supply 7 GW of solar modules to the US

Canadian Solar (USA) Inc., a subsidiary of Canadian Solar (SH:688472), has announced a significant deal to supply solar modules to the US market. The long-term...

Canadian Solar unveils plan to add over 100 GW integrated manufacturing capacity

In a strategic move aimed at expanding its integrated manufacturing capacity, Canadian Solar has recently announced an agreement to build a new manufacturing hub...

Canadian Solar sets up module factory in US

Canadian Solar announced on June 16 about building a solar module production facility in Mesquite, Texas, with an annual output of 5 GW, about...
Join Our Newsletter

Latest Event

Solar Focus | Unlock Vast Solar Power Potential in Indonesia

On June 29, Solarbe will invite experts from S&P Global, JA Solar and other leading players in the Latin American market to discuss the current status and future outlook of the region's solar market.

Latest article

DMEGC Solar Powers Module Production Entirely with 100% Green Energy

Recently, the globally recognized testing and certification body TÜV SÜD granted DMEGC Solar a certification confirming 100% renewable energy consumption and verified greenhouse gas...

Huawei, Sungrow, Solis, Growatt, and GoodWe secure top spots in global inverter shipments in 2022

Global solar photovoltaic (PV) inverter shipments reached a record high in 2022, surpassing 330 gigawatts (GWac), according to a recent analysis by Wood Mackenzie....

LONGi ventures into HPBC Pro cell technology with 12 GW facility

LONGi Green Energy has unveiled plans to invest in its first-ever HPBC pro solar cell facility in Tongchuan, China. This decision reflects LONGi's commitment...

JA Solar set to reach 57 GW n-type cell production capacity by 2023

JA Solar revealed in a recent investor briefing that the company’s n-type solar cell production capacity is expected to reach 57 GW by the...