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Canadian Solar Inc (CSIQ.O)

CSIQ.O on Nasdaq

26 Jul 2016
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$0.11 (+0.74%)
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Latest Key Developments (Source: Significant Developments)

Canadian Solar secures 12.0 billion yen credit facility from Deutsche Bank
Tuesday, 8 Dec 2015 07:00am EST 

Canadian Solar Inc:Says it has signed a financing agreement pursuant to which Deutsche Bank AG, Tokyo Branch has agreed to provide a 12.0 billion yen ($97.2 million) senior non-recourse project finance credit facility to Canadian Solar for the construction of the Company's Kumamoto Mashiki solar power plant in Japan.  Full Article

Canadian Solar secures 19.2 million pounds Term Loan from RBS
Monday, 7 Dec 2015 07:00am EST 

Canadian Solar Inc:Announced it has signed a financing agreement pursuant to which Royal Bank of Scotland has agreed to provide a 19.2 million pounds ($29.0 million) term loan to Canadian Solar for the construction of seven solar power plants with a total installed capacity of 38MWp in the United Kingdom.  Full Article

Canadian Solar Subsidiary Recurrent Energy Secures Debt Financing for 157 MW Texas Solar Project
Monday, 30 Nov 2015 08:35am EST 

Canadian Solar Inc:Says that its wholly owned subsidiary, Recurrent Energy has closed on a combined construction and term debt facility, with a syndicate of five banks, for the 157.5 megawatt (MW)ac/ 212 MWp Roserock solar project in Texas.project, developed by Recurrent Energy, is currently under construction. The electricity generated by the facility will be delivered to Austin Energy pursuant to a 20-year Power Purchase Agreement.With KeyBank as the Coordinating Lead Arranger, five banks, including Rabobank, Santander, NORD/LB, and CIT will provide project-level construction debt, LC facilities and a back-leveraged term facility, totaling approximately $275 million.  Full Article

Canadian Solar and Sunrun Sign 112 MW Module Supply Agreement
Tuesday, 24 Nov 2015 07:00am EST 

Canadian Solar Inc:Says that it will supply 112 MW of Canadian Solar CS6P-265P PV modules to Sunrun, residential solar company in the United States, in 2016.  Full Article

Canadian Solar Inc wins 110 MWp of solar power projects in Brazil
Friday, 20 Nov 2015 07:00am EST 

Canadian Solar Inc:Has won 3 solar photovoltaic projects totaling 110 megawatts in Pirapora, in state of Minas Gerais, Brazil.Canadian Solar will develop and build the solar power plants.Once connectd to the grid, the electricity genereated will be sold to CCEE (Camara de Comercializacao de Energia Eletrica), under a 20-year power purchase agreement at R$300/MWh.Three projects are targeted to reach commercial operation by late 2018.  Full Article

Canadian Solar Inc supplies modules for 2.5 MW Solar Facility in El Salvador
Wednesday, 11 Nov 2015 07:00am EST 

Canadian Solar Inc:Says served as the sole supplier of PV modules for the 2.5 MW solar plant located in the city of Moncagua, in El Salvador, Central America.Says facility consists of 8,436 Canadian Solar MaxPower CS6X-310P solar modules. Together with AES El Salvador, a leading global provider of distributed energy, Canadian Solar's contribution to this solar facility will positively impact the local climate and region.  Full Article

Canadian Solar Inc gives Q4 2015 revenue guidance; raises FY 2015 revenue guidance
Tuesday, 10 Nov 2015 06:38am EST 

Canadian Solar Inc:Expects Q4 2015 total revenue to be in the range of $930 million to $980 million.Says total revenue for FY 2015 is expected to be in the range of $3.28 billion to $3.33 billion, compared to prior guidance of $2.8 billion to $3.0 billion.  Full Article

Canadian Solar Inc signs agreement with mashiki town and kumamoto prefecture to build 47 MWp solar plant in Japan
Monday, 12 Oct 2015 07:00am EDT 

Canadian Solar Inc:Says signed an agreement with Mashiki Town and Kumamoto Prefecture to build a 47.0 MWp solar power plant.Mashiki plant is expected to start commercial operation in the first quarter of 2017.Says plant is expected to generate approximately 57,000MWh of clean, solar electricity per year.  Full Article

Canadian Solar Closes Purchase of Ontario Assets from KKR
Friday, 2 Oct 2015 04:05pm EDT 

Canadian Solar Inc:Closed on the purchase of three operating solar projects totaling 59.8 MW AC from KKR.total approximate enterprise value of this transaction is C$270 Million (USD$203.7 Million).In conjunction with this acquisition, Canadian Solar also closed a USD$50 Million loan with Credit Suisse, who also acted as sole financial advisor on the transaction.  Full Article

Canadian Solar announces module supply contract with Vivint Solar
Thursday, 10 Sep 2015 02:00am EDT 

Canadian Solar Inc:Announces that the company has entered into a long term product supply agreement with Vivint Solar.Says this allows for Canadian Solar to supply Vivint Solar with high efficiency CS6P polycrystalline modules for residential and commercial installations, will give the Company the ability to reach additional customers within these market segments and expand its consumer base.  Full Article