Canadian Solar signed a $40m, three-trancheagreement with Harvest North Star Capital to fund the Japanese ground-mountprojects, with 40-50MW of the total expected to begin construction in the firsthalf of 2014.

CEO Shawn Qu said: “This loan agreementdemonstrates that we are on track to execute on our Japanese solar projectpipeline, consolidate our position as a leading solar energy solutions provideron a global basis, and extend the visibility into our business results wellinto the future."

Canadian Solar separately announced that itwill deliver 8.7MW