Once switched on in mid-2017, electricity from the plants will be sold to a Brazilian government entity under a 20-year power purchase agreement at R$298.58/MWh ($84/MWh).
"This win in Brazil demonstrates the strength of our global project development capabilities, and positions us well to become a solar energy leader in this important emerging market," states Canadian Solar chief executive Shawn Qu.
"Brazil has significant solar resources and a large energy market, which provides us with an opportunity to establish our brand, take market share and deliver good results for our shareholders."
Canadian
