AMZN Amazon.com Inc

By Michael Dabaie

Canadian Solar Inc. said its subsidiary Canadian Solar Australia signed a power purchase agreement with Amazon.com Inc.

The solar power will be supplied from the company's Gunnedah solar farm, which will reach commercial operation by 2021, Canadian Solar said. The solar farm will utilize Canadian Solar's BiKu bifacial modules.

The agreement with Amazon is Canadian Solar's first PPA in New South Wales, the company said, and marks its strategic entry into the Australian Consumer and Industrial PPA market.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

March 12, 2020 07:48 ET (11:48 GMT)

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