Canada firm to develop UAE solar project
Ontario (Canada), January 28, 2012
Canadian Solar, a leading solar company, has entered into a deal with UAE-based Al Fahad Group, a major provider of comprehensive energy solutions in the region, to develop one of the largest solar Photovoltaic (PV) projects in Abu Dhabi.
Al Fahad Group is a diversified conglomerate with expertise in defence and intelligence, homeland security, networking and communications and power.
Under the agreement, Canadian Solar will supply more than 1.5 MW of its solar modules to the Al Fahad Group, which is spearheading one of the largest solar PV projects in Abu Dhabi.
This will be a governmental venture, which was agreed upon during the recent World Future Energy Summit (WFES) held in Abu Dhabi, said a statement from the Candian firm.
Canadian Solar's CS5A-M solar modules will be used for the project, as they are ideally settled for the local environmental conditions.
'What convinced us to choose Canadian Solar was its proven performance and reliability, high quality and commitment to excellence. High performance under our challenging local climate parameters was at the forefront of our selection process,' said Khaled Obaid Al Othman Al Ali, CEO of Al Fahad Group.
'Additionally, we focus on long-term relationships with trustworthy partners. To these belong companies with experience, an extended track record and a very good customer service. With Canadian Solar all these requirements are met,' he added.
Dr. Shawn Qu, chairman and CEO of Canadian Solar said, 'We are very proud about our agreement with Al Fahad, one of the most important companies for renewable energies in the Emirates, and excited to further build our presence together in the important Middle East market for high value, sustainable energy solutions.'
'Our leadership, quality and cost benefits enable us to work with the best partners in key markets worldwide,' he noted.
'The solar markets in the Middle East and especially in the United Arab Emirates have a great potential for development given commitment of the government and financial system, and forward thinking of key proponents, like the Al Fahad Group,' he added.-TradeArabia News Service