TORONTO (AP) -- Canadian Solar Inc. said Thursday it has completed the first phase of its ingot and wafer plant on schedule, bringing capacity to 60 megawatts.
The second phase is expected to be completed by the end of the year, and bring ingot and wafer capacity to a range of 150 megawatts to 200 megawatts.
One megawatt of generation capacity can power 778 households each year, according to the U.S. Department of Energy.
Additionally, Canadian Solar said the second phase of its 250 megawatt cell plant will end in October, with the next phase beginning immediately after.
Both plants are fully financed and supplied with wafer and feedstock for the fourth quarter, enabling the company to make 45 to 50 megawatts of polysilicon cells and UMG e-cells during the period.