Canadian Solar Supplying Equipment for Power Plant in Nicaragua

Oct. 30 (Bloomberg) — Canadian Solar Inc., the largest
North American solar manufacturer, delivered 3.1 megawatts of
panels for a power plant in Nicaragua.

The Planta Solar Zona Franca Astro Nicaragua in Tipitapa,
near Managua, will supply about 30 percent of the power for 26
companies in an industrial park, Canadian Solar said today in a
statement.

The project is expected to be finished this year and will
be the largest private solar farm in the country. The Guelph,
Ontario-based solar company didn’t disclose financing terms.

Nicaragua is among 55 emerging nations installing
renewable-energy at twice the rate of developed nations.

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Will Wade, Jim Efstathiou Jr.

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