Edition:
United Kingdom

Canadian Solar Updates Guidance For 4Q 2018


Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR ANNOUNCES DATE OF ITS Q4/FY 2018 EARNINGS CONFERENCE CALL, UPDATES ITS GUIDANCE FOR 4Q 2018, AND PROVIDES A PRELIMINARY ASSESSMENT OF POTENTIAL IMPACT OF PG&E'S BANKRUPTCY ON ITS PROJECT PIPELINE.CANADIAN SOLAR INC - NOW EXPECTS SHIPMENTS FOR Q4 OF 2018 TO BE IN RANGE OF 1.90 GW TO 1.95 GW VERSUS PREVIOUS GUIDANCE OF 1.67 GW TO 1.72 GW.CANADIAN SOLAR INC - EXPECTS NET REVENUE FOR Q4 OF 2018 TO BE IN RANGE OF $850 MILLION TO $900 MILLION VERSUS PREVIOUS GUIDANCE OF $690 MILLION TO $800 MILLION.CANADIAN SOLAR INC - HAVE POTENTIAL EXPOSURE WITH RESPECT TO 60 MWAC OF POWER PURCHASE AGREEMENTS WITH PG&E FOR A PORTION OF GASKELL WEST 2 PROJECT.CANADIAN SOLAR INC - HAS POTENTIAL EXPOSURE WITH RESPECT TO INTERCONNECTION AGREEMENTS WITH PG&E.