Canadian Solar (CSIQ) Announces 120MW of Recent Sales Orders
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Canadian Solar Inc. (NASDAQ: CSIQ) announced it has received a purchase order from Systaic AG (SYSCF) for 30 MW of solar modules to be delivered to Spain. This is a specific purchase order under the 60 MW annual supply agreement that the two companies announced in October of 2008. Delivery under the agreement has already started.
Including this new 30MW purchase order, Canadian Solar has recently signed or reconfirmed sales contracts, contract extensions or received purchase orders for delivery of about 120MW of solar module products to 24 customers in Europe, North America and Asia. Most of these deliveries are expected to take place from June to October.
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