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Penn Energy Renewables and Canadian Solar Close 18.7 MW AC Deal for Two Solar Farms ...

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GUELPH and TORONTO, Ontario, Aug. 28, 2012 /PRNewswire-Asia-FirstCall/ -- Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, announced that its subsidiary, Canadian Solar Solutions Inc., has closed an 18.7 MW AC turnkey engineering, procurement and construction (EPC) contract and operations and maintenance agreement for the construction and operation of two new solar energy farms in Ontario, Canada for Penn Energy Renewables Ltd. The construction will begin in the third quarter of 2012, with the projects expected to be fully operational in the summer of 2013. "We are committed to developing and operating utility-scale...

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