Canadian Solar Inc. today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has closed the sale of the Liskeard 1 solar power facility, totaling 10MW 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."