Canadian Solar rated #1 module supplier

Guelph, Ontario: Canadian Solar Inc. announced January 20 that it is ranked #1 module supplier in terms of module quality and price/performance ratio in IHS Markit's independent PV Module Customer Insight Survey 2016. High quality and price/performance ratio were identified as the top two reasons for recommending solar module brands.

          Survey respondents also ranked Canadian Solar as the #1 most purchased brand and #1 most recommended brand of solar modules.

          IHS Markit ran its annual solar survey between August and November 2016, and surveyed PV module buyers such as installers, integrators, and distributors throughout the world.

          Canadian Solar announced December 5 that it had closed JPY14.9 billion (US$141.5 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MWp solar power plant in the Yamaguchi prefecture, Japan. The facilities were arranged by Hanwha Asset Management and have a maturity of 17 years.

          See also, “Canadian Solar, a home-grown success story,” IPPSO FACTO August 2016.