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Angola Cables has announced the

completion of the marine survey for the

South Atlantic Cable System (SACS), and

the start of cable loading on the Angolan

side of SACS. When completed, SACS will

interconnect with the Monet cable system

(between the United States and Brazil) and

the West Africa Cable System (WACS).

SACS is a 6,165km, 40Tb per second cable

of four fiber pairs that will connect Angola

to Brazil, linking Africa and the Americas.

Angola Cables is one of 12 members of

the consortium that manages WACS (and

one of its largest shareholders), a cable

system that provides carrier level services

to operators in Angola and sub-Saharan

Africa across 11 countries. A 14,530km

cable running between Yzerfontein (South

Africa) to London, WACS has four fiber pairs

and includes 14 landing points, 12 along

the western coast of Africa and two in

Europe.

Completion of the marine survey

means that final manufacturing can be

completed, and any minor route and/or

cable type adjustments can be fine-tuned

based on the actual survey findings. With

the loading of the pre-laid shore end (PLSE)

the construction of SACS is underway.

CSI New Energy Holding Co Ltd, a wholly

owned subsidiary of Canadian Solar Inc,

has completed the sale of two solar power

plants to Shenzhen Energy Nanjing Holding

Co Ltd, a subsidiary of Shenzhen Energy

Group Co Ltd. The transaction was closed

in March 2017 and the company expects

to recognize revenue from the sale of the

plants when all revenue recognition criteria

have been met.

The plants, both located in China, have a

total capacity of 69.5MW.

“We are pleased to have closed the sale of

two additional solar power plants in China

to Shenzhen Energy,” commented Dr

Shawn Qu, chairman and chief executive

officer of Canadian Solar. “We are well

on track to monetize our operating solar

power plants in China and other countries.

Shenzhen Energy is an important strategic

partner of Canadian Solar, and we look

forward to further expanding our strong

partnershipwith themformoreopportunities

in the future.”

Solar sales

Increasing network

wiredInUSA - May 2017

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