Canadian Solar Infrastructure Fund completes acquisition of 30.4 MWp solar projects in Japan

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Canadian Solar Infrastructure Fund, Inc (CSIF) has completed the acquisition of three solar projects with a combined capacity of 30.4 MWp from Canadian Solar, Inc. The deal represents a total investment of JPY11.5 billion (US$103.1 million). The facilities included are:

  • 27.3 MWp Daisen-cho solar project in Tottori Prefecture
  • 1 MWp Takayama-shi solar project in Gifu Prefecture
  • 2.1 MWp Ena-shi solar solar project in Gifu Prefecture

The plants reached commercial operation in August, September and October 2017, respectively. The electricity generated is being sold under 20-year feed-in-tariff contracts at the rate of JPY40/kWh, JPY32/kWh and JPY32/kWh, respectively.

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