Canadians shine in Queensland
70MW Oakey 2 PV plant to consist of 205,860 KuMax CS3U-340P panels
Canadian Solar has won an EPC construction contract for the 70MW Oakey 2 photovoltaic plant in the Australian state of Queensland.
The company will provide 205,860 KuMax CS3U-340P solar panels for the project, which is part of a 117MW portfolio of three plants Canadian Solar has agreed to sell to Foresight Solar Fund.
Oakey 2 is expected to come online in November, after which Canadian Solar will provide operations and maintenance services for an initial period of two years.
Clean Energy Finance Corp will provide a A$55m (US$43m) facility to help finance the project.
The other two facilities in the Foresight portfolio are the 30MW Oakey 1 and 17MW Longreach plants, which have 20-year off-take agreements with the Queensland government.
They are currently under construction and are scheduled to be connected to the grid in March and August 2018, respectively.