Canadian Solar Supplies PV Panels to Spanish Company

Jiangsu, China [] Canadian Solar Inc. (CSI) has begun delivering its crystalline photovoltaic panels to Spanish company Amur Energy Division (AED), with whom it recently signed a distribution and sales agreement valued at $40 million to $50 million in 2007. CSI is incorporated in Canada and conducts its manufacturing operations in China. AED specializes in large solar power plants and provides either photovoltaic modules or turnkey complete plants.

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