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Canadian Solar Inc (CSIQ.OQ)

CSIQ.OQ on NASDAQ Stock Exchange Global Select Market

14.88USD
18 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Canadian Solar Says Completed Sale Of Three Additional Solar Power Plants For $103.1 Million
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - CANADIAN SOLAR INC :CANADIAN SOLAR INC - COMPLETED SALE OF THREE ADDITIONAL SOLAR POWER PLANTS TOTALING 30.4 MWP FOR $103.1 MILLION TO CANADIAN SOLAR INFRASTRUCTURE FUND.  Full Article

Lion Point Capital Reports About 12.3 Pct Stake in Canadian Solar
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Lion Point Capital:LION POINT CAPITAL SAYS HAS ECONOMIC EXPOSURE TO ABOUT 12.3 PERCENT OF CANADIAN SOLAR'S OUTSTANDING SHARES, TAKING CERTAIN SWAP AGREEMENTS INTO ACCOUNT.  Full Article

Canadian Solar Reports Q1 Earnings Per Share $0.72
Wednesday, 16 May 2018 

May 16 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.72.SEES Q2 2018 REVENUE $690 MILLION TO $730 MILLION.Q1 REVENUE $1.42 BILLION VERSUS I/B/E/S VIEW $1.33 BILLION.Q1 EARNINGS PER SHARE VIEW $0.47 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL SOLAR MODULE SHIPMENTS WERE 1,374 MW, COMPARED TO 1,831 MW IN Q4 OF 2017.INVENTORIES AT END OF Q1 OF 2018 WERE $414.1 MILLION, COMPARED TO $346.1 MILLION AT END OF Q4 OF 2017.FOR Q2 OF 2018, COMPANY EXPECTS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF APPROXIMATELY 1.50 GW TO 1.60 GW.CANADIAN SOLAR - UTILITY-SCALE SOLAR POWER PLANTS IN OPERATION PORTFOLIO AT APRIL 30 WAS ABOUT 948 MWP, ESTIMATED TOTAL RESALE VALUE OF ABOUT $1.1 BILLION.SAYS GROSS MARGIN FOR Q2 IS EXPECTED TO BE BETWEEN 20.0% AND 22.0%..UNDER BUSINESS OUTLOOK, EXPECT SHIFT IN GLOBAL DEMAND TO DEVELOPING MARKETS TO OFFSET CHINA, INDIA AND U.S..CANADIAN SOLAR SAYS WORKING TO SECURE APPROVAL FOR SALE OF 3 U.S. SOLAR POWER PLANTS TOTALING 399 MWP.UNDER BUSINESS OUTLOOK, ALSO EXPECT DEMAND IN OTHER MARKETS TO IMPROVE, INCLUDING EUROPE, AFRICA, ARGENTINA AND MEXICO.  Full Article

Recurrent Energy Secures Financing And Tax Equity Investment For North Carolina Project
Tuesday, 15 May 2018 

May 15 (Reuters) - Canadian Solar Inc ::RECURRENT ENERGY SECURES FINANCING AND TAX EQUITY INVESTMENT FOR NORTH CAROLINA PROJECT FROM PRUDENTIAL CAPITAL GROUP AND U.S. BANK.RECURRENT ENERGY - PRUDENTIAL CAPITAL GROUP WILL PROVIDE A $106.7 MILLION DEBT FACILITY FOR PROJECT.  Full Article

Canadian Solar Sees FY17 Revenue $3.33 Bln-$3.37 Bln
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR UPDATES 4Q/FY17 GUIDANCE TO REFLECT TIMING OF CERTAIN SOLAR PROJECT SALES.SEES FY 2017 REVENUE $3.33 BILLION TO $3.37 BILLION.SEES Q4 2017 REVENUE $1.04 BILLION TO $1.08 BILLION.FOR FULL YEAR 2017, CANADIAN SOLAR NOW EXPECTS ITS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF APPROXIMATELY 6.8 GW TO 6.9 GW.GROSS MARGIN FOR Q4 2017 NOW EXPECTED TO BE IN RANGE OF 16.5% TO 18.5%, VERSUS 10.5% TO 12.5% PREVIOUSLY GUIDED.CANADIAN SOLAR - SEES SOLAR MODULE SHIPMENT GUIDANCE FOR Q4 OF 2017 TO BE IN RANGE OF ABOUT 1,720 MW TO 1,820 MW.UPDATED GUIDANCE FOR Q4, FY 2017 IN PART TO REFLECT TIMING OF CERTAIN UTILITY-SCALE SOLAR PROJECT SALES.  Full Article

Canadian Solar, Photowatt & ECM Greentech Plan to Form JV
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR, PHOTOWATT AND ECM GREENTECH PLAN TO FORM A JV COMPANY IN LOW-CARBON PRODUCTION OF SILICON INGOTS AND WAFERS.CANADIAN SOLAR INC - ‍EDF ENERGIES NOUVELLES THROUGH ITS UNIT, CO, ECM GREENTECH WOULD OWN 60%, 30% AND 10% OF EQUITY IN JV, RESPECTIVELY​.CANADIAN SOLAR INC - PLANS TO PARTNER WITH PHOTOWATT, A UNIT OF EDF ENERGIES NOUVELLES AND ECM GREENTECH.  Full Article

JPMorgan Chase & Co Reports 7.7 Pct Passive Stake In Canadian Solar
Friday, 5 Jan 2018 

Jan 5 (Reuters) - :JPMORGAN CHASE & CO REPORTS 7.7 PERCENT PASSIVE STAKE IN CANADIAN SOLAR INC AS OF DEC 29 - SEC FILING.  Full Article

Canadian Solar Achieves Commercial Operation on 19.1MWp Project in Japan
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR INC - ‍REACHED COMMERCIAL OPERATION ON ITS 19.1MWP GUNMA ARAMAKI SOLAR POWER PLANT, LOCATED APPROXIMATELY 100KM NORTHWEST OF TOKYO​.CANADIAN SOLAR - ‍GUNMA ARAMAKI PLANT EXPECTED TO GENERATE ABOUT 23,830MWH OF SOLAR POWER/YEAR, WILL BE PURCHASED BY TOKYO ELECTRIC POWER COMPANY​.  Full Article

Canadian Solar Selected For 112 MWp Solar Power Project In Brazil
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR SELECTED FOR A 112 MWP SOLAR POWER PROJECT IN BRAZIL.CANADIAN SOLAR INC - CONSTRUCTION OF PROJECT IS PLANNED TO START IN 2020 AND PROJECT IS EXPECTED TO REACH COMMERCIAL OPERATION BEFORE JANUARY 2021.CANADIAN SOLAR INC - 112 MWP SALGUEIRO PROJECT HAS BEEN AWARDED A 20-YEAR POWER PURCHASE AGREEMENT AT 145.44 BRL/MWH IN AUCTION.  Full Article

Canadian Solar Inc. Announces Receipt Of A Preliminary, Non-Binding "Going Private" Proposal Letter From CEO
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR INC. ANNOUNCES RECEIPT OF A PRELIMINARY, NON-BINDING "GOING PRIVATE" PROPOSAL LETTER FROM ITS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FORMATION OF AN INDEPENDENT SPECIAL COMMITTEE.CANADIAN SOLAR INC. ANNOUNCES RECEIPT OF A PRELIMINARY, NON-BINDING "GOING PRIVATE" PROPOSAL LETTER FROM ITS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FORMATION OF AN INDEPENDENT SPECIAL COMMITTEE.CANADIAN SOLAR - RECEIVED PROPOSAL LETTER TO ACQUIRE ALL SHARES OF CO NOT ALREADY BENEFICIALLY OWNED BY QU AND HANBING ZHANG FOR US$18.47 PER SHARE​.  Full Article

Australia states power ahead with renewables after national policy collapses

MELBOURNE, Sept 11 Australia's Victoria state on Tuesday agreed to back six new wind and solar farms to help meet a target of getting 25 percent of its power from renewables by 2020, just weeks after a year-long attempt at crafting a national energy policy collapsed.