GUELPH, Ontario, May 24, 2019 /PRNewswire/ -- Canadian Solar Inc.
(NASDAQ: CSIQ), one of the world's largest solar power companies,
announced today that through its module donation, a new solar power
system has been successfully energized at the Evans Medical Center
at Kirma, Lungi, Sierra Leone.
The charity project was initiated a year ago by Melanie Evans from the 'Lungi Sierra Leone
Charity' and was realized with Canadian Solar MaxPower CS6U-P
330W solar modules for a 4 KW solar system.
Four other industry partners donated additional equipment,
including storage and control systems. SegenSolar (Pty) Ltd.
supplied the inverter, charge controller and electrical components.
The Schletter Group contributed the mounting system, while Bonus
Solar provided batteries, cables and isolators. The installation
and commissioning was carried out by Electric Future, who
specializes in design and delivery of solar installations. They
provided the expertise and manpower along with Canadian Solar to
deliver a safe and reliable solution. The solar power system
provides the clinic with a sustainable energy source that enables a
constant power supply for vaccine refrigerators, a blood bank and many other medical
accessories and emergency lighting.
A reliable power supply is a fundamental prerequisite for
adequate medical care. The solar system will directly improve the
quality of medical care in the region. A new blood bank, which is
the first in the Lungi area, will
provide patients with vital bloods, where they previously had to
rely on a suitable donor and wait for screening. The solar power
system not only provides energy for the blood bank but also powers
the vaccine refrigerators, fetal monitor and labor ward ultrasound,
along with other critical equipment. A constant power supply is
required as any power outage would destroy vital bloods and
vaccines. Before the solar power system was installed, the Medical
Center had to rely on an ageing generator, which would incur
prohibitive costs if it operated for 24 hours a day. Now the
generator is used as a backup generator.
"The realization of the solar power system for the clinic in
Lungi shows how our industry can sustainably improve the situation
for newborn babies, children, and the local population in a
developing country," said Dr.
Shawn Qu, Chairman and Chief
Executive Officer of Canadian Solar Inc.
The project is also an example of how different companies from
the same industry can consolidate their resources to achieve
positive results.
Sierra Leone is one of the
least electrified countries with a nationwide electrification rate
of just 5%, and in outlay rural areas this drops to 1% – the use of
photovoltaics therefore provides greatly needed electricity.
Today, May 24, 2019, the clinic
has its official opening ceremony to thank all donors and staff.
The ceremony will be attended by the Vice President of Sierra
Leone Mohamed Juldeh Jalloh and other dignitaries including the
Ministers of Health and Education.
About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest and
foremost solar power companies. It is a leading manufacturer of
solar photovoltaic modules and provider of solar energy solutions
and has a geographically diversified pipeline of utility-scale
power projects in various stages of development. Over the past 18
years, Canadian Solar has successfully delivered over 32 GW of
premium quality modules to customers in over 150 countries around
the world. Canadian Solar is one of the most bankable companies in
the solar industry, having been publicly listed on NASDAQ since
2006. For additional information about the Company, follow Canadian
Solar on LinkedIn or visit www.canadiansolar.com.
Canadian Solar's Safe Harbor/Forward-Looking
Statements
Certain statements in this press release are forward-looking
statements that involve a number of risks and uncertainties that
could cause actual results to differ materially. These statements
are made under the "Safe Harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. In some cases, you can
identify forward-looking statements by such terms as "believes,"
"expects," "anticipates," "intends," "estimates," the negative of
these terms, or other comparable terminology. Factors that could
cause actual results to differ include general business and
economic conditions and the state of the solar industry;
governmental support for the deployment of solar power; future
available supplies of high-purity silicon; demand for end-use
products by consumers and inventory levels of such products in the
supply chain; changes in demand from significant customers; changes
in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns;
changes in product mix; capacity utilization; level of competition;
pricing pressure and declines in average selling prices; delays in
new product introduction; delays in utility-scale project approval
process; delays in utility-scale project construction; delays in
the completion of project sales; continued success in technological
innovations and delivery of products with the features customers
demand; shortage in supply of materials or capacity requirements;
availability of financing; exchange rate fluctuations; litigation
and other risks as described in the Company's SEC filings,
including its annual report on Form 20-F filed on April 25, 2019. Although the Company believes
that the expectations reflected in the forward looking statements
are reasonable, it cannot guarantee future results, level of
activity, performance, or achievements. Investors should not place
undue reliance on these forward-looking statements. All information
provided in this press release is as of today's date, unless
otherwise stated, and Canadian Solar undertakes no duty to update
such information, except as required under applicable law.
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SOURCE Canadian Solar Inc.