Does Canada have solar power?

Canada may seem to some as a fairly cold land that is not particularly suitable for solar power generation, but the country actually has substantial solar energy resources, due mostly to its large area.

What is Canadian Solar's mega-project portfolio?

This portfolio includes Canadian Solar's flagship mega-project, the 100 MWp Azuma Kofuji project located in the Fukushima Prefecture, and other projects totaling 43 MWp in the Ibaraki and Hiroshima Prefectures. The Azuma Kofuji project is Canadian Solar's largest project in Japan to date and is also expected to be among the largest in the country.

How much solar energy will Canada generate by 2040?

Despite this, the Canadian Energy Regulator previously anticipated that solar would form 3 percent of the country’s overall energy generation by 2040. In fact, according to statistics released this year by the Canadian Renewable Energy Association (CanREA), Canada’s solar sector surpassed that figure in December 2020.

Why is Canada investing in solar and battery storage projects?

By investing in today’s solar and battery storage projects, the Government of Canada is continuing to collaboratively deliver affordable and reliable power to Albertans while advancing toward a sustainable and prosperous future. Funding for these projects was provided through The Smart Renewables and Electrification Pathways Program (SREPs).

What is Canadian Solar doing in Japan?

He added, "These projects continue to expand Canadian Solar's strong track record in Japan. We now have over 450 MWp of utility-scale projects that are operational or under construction, and two partnership platforms in Canadian Solar Infrastructure Fund (TSE: 9284) and Japan Green Infrastructure Fund.

Is solar thermal a viable option in Canada?

Solar thermal generally is not very well represented in Canada. “There is very little solar thermal activity in Canada at the moment” explains Nicholas Gall of CanREA. “Unfortunately it has not benefitted from the same cost decreases as solar PV over the past decade, and remains relatively niche.