The company has supplied its CS6P-P modules for the PV system, which was built on the grounds of Philicon 97, a food and beverage company.

The project benefits from a feed-in tariff of 0.25 euros per kWh and supports Philicon 97 renewable energy strategy.

Philicon 97 project manager Ivan Kalibatsev said, "We are very pleased with the result and our expectations have been exceeded. Already in the first month, the power output of the solar system was 15% higher than expected."

Canadian Solar Chairman and CEO Shawn Qu said, "South-East Europe and in particular Bulgaria offer great potential for development, as high radiation levels and the feed-in tariff that are guaranteed for a period of 20 years offer attractive returns for investors."