Canadian Solar Sells Second Project to Concord Green Energyby
The Earthlight LP solar park in Georgina, Ontario, about 80 kilometers (50 miles) north of Toronto, was valued at C$69.4 million ($50 million), according to a statement today from Guelph, Ontario-based Canadian Solar. Concord, which develops and operates renewable-power projects, is based in Vancouver.
On Monday, Canadian Solar said it had sold Concord a 9-megawatt plant in Elmvale, Ontario, for C$65.6 million. The solar-panel manufacturer has sold five plants totaling 49 megawatts of capacity to Concord in the past year and a half, according to the statement.