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Canadian Solar Inc (CSIQ.OQ)

CSIQ.OQ on NASDAQ Stock Exchange Global Select Market

15.94USD
20 Oct 2017
Change (% chg)

$0.19 (+1.21%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Canadian Solar partners with Menora Mivtachim on solar projects in Israel
Tuesday, 17 Oct 2017 07:00am EDT 

Oct 17 (Reuters) - Canadian Solar Inc :Canadian Solar partners with Menora Mivtachim to invest in solar power projects in Israel.Canadian Solar - $60 million expected to be raised from Menora Mivtachim, Canadian Solar, with each party contributing equal investment amount​.Canadian Solar Inc - ‍joint venture will finance solar projects awarded by Israeli Electricity Authority under solar power tenders​.Canadian Solar Inc - co's unit and a few subsidiaries of Menora Mivtachim Holdings entered into a joint venture agreement​.  Full Article

Canadian Solar enters binding contracts for sale of three solar farms
Monday, 16 Oct 2017 07:00am EDT 

Oct 16 (Reuters) - Canadian Solar Inc :Canadian Solar enters binding contracts for the sale of three solar farms totalling 117 MWp in Queensland, Australia.Canadian Solar Inc - 2 solar farms are under construction with connection to grid expected in March and September 2018 respectively​.Canadian Solar Inc - ‍Oakey 2 Solar Farm is expected to connect to grid in October 2018​.  Full Article

Canadian Solar schedules Q3 2017 earnings conference call on Nov 9
Monday, 16 Oct 2017 05:39am EDT 

Oct 16 (Reuters) - Canadian Solar Inc :Canadian Solar schedules third quarter 2017 earnings conference call on november 9th and updates on the monetization of its solar power plant assets.Canadian Solar -‍Unit entered into agreements to sell to two separate buyers its interests in total of six utility-scale solar power plants​.  Full Article

Canadian Solar Infrastructure Fund obtains approval from Tokyo Stock Exchange to list
Monday, 25 Sep 2017 07:00am EDT 

Sept 25 (Reuters) - Canadian Solar Inc :Canadian Solar- ‍Canadian Solar Infrastructure Fund obtained approval from tokyo stock exchange to list investment units.Canadian Solar- ‍Canadian Solar Infrastructure Fund investment units to list investment units on TSE's infrastructure investment fund securities market​.  Full Article

Canadian Solar buys 80.6 MWP of solar power project in Brazil
Wednesday, 6 Sep 2017 07:00am EDT 

Sept 6 (Reuters) - Canadian Solar Inc :Canadian Solar acquires an 80.6 MWP of solar power project in Brazil.Canadian Solar Inc - construction will start in early 2018 and reach commercial operation in Q4 2018..Canadian Solar Inc - Canadian Solar will build project and provide modules from its local factory in Brazil..Canadian Solar - Guimarania Project received 20-year power purchase agreement from second reserve energy auction at r$290.00/MWH (about US$91.77/mwh).  Full Article

Canadian Solar commissions a 27.3 MWp solar power plant in Japan
Wednesday, 30 Aug 2017 07:00am EDT 

Aug 30 (Reuters) - Canadian Solar Inc :Canadian Solar Inc - Completed construction and started commercial operation of a 27.3 MWp solar photovoltaic power plant in Tottori Prefecture, Japan.  Full Article

Canadian Solar Q2 earnings per share $0.63
Monday, 14 Aug 2017 06:23am EDT 

Aug 14 (Reuters) - Canadian Solar Inc :Canadian Solar reports second quarter 2017 results.Q2 non-GAAP loss per share $0.15 excluding items.Q2 earnings per share $0.63.Q2 revenue $692.4 million versus I/B/E/S view $628.5 million.Q2 earnings per share view $-0.00 -- Thomson Reuters I/B/E/S.Sees Q3 2017 sales $805 million to $825 million.Gross margin for Q3 of 2017 is expected to be between 15% and 17%​.Says inventories as of June 30, 2017 were $283.2 million, compared to $274.5 million as of March 31, 2017.Qtrly ‍total solar module shipments were 1,745 mw, compared to 1,480 mw in Q1 of 2017​.Reiterates its expectation that total module shipments in 2017 will be in range of 6.0 gw to 6.5 gw​.Continues to expect it will connect approximately 1 gw to 1.2 gw of new solar projects globally in 2017​.In Japan, co on track to launch a JREIT listing in near future, with an initial portfolio of 65 mwp of solar power plants​.Q3 revenue view $1.04 billion -- Thomson Reuters I/B/E/S.Expects to complete ramp up at Baotou, China in Q3 2017 and reach 1,100 mw of annual internal ingot casting capacity​.For Q3 of 2017, company expects total solar module shipments to be in range of approximately 1.65 gw to 1.70 gw​.Expects that its total worldwide module manufacturing capacity will exceed 7.19 gw by December 31, 2017​.  Full Article

EDF Energies Nouvelles Partners with Canadian Solar for a 92.5 MWp Photovoltaic Project in Brazil
Thursday, 10 Aug 2017 07:00am EDT 

Aug 10 (Reuters) - Canadian Solar Inc ::Canadian Solar Inc - ‍a partnership in 92.5 mwp pirapora iii photovoltaic project in Brazil​.Canadian Solar Inc - ‍deal through sale of 80% interest in project by Canadian Solar to EDF En Do Brasil, Edf Energies Nouvelles' local subsidiary​.Canadian Solar Inc - ‍Pirapora III project has started construction and is expected to reach commercial operation in Q4 of 2017​.  Full Article

EDF Energies Nouvelles, Canadian Solar in Brazil power project deal
Thursday, 10 Aug 2017 03:18am EDT 

Aug 10 (Reuters) - EDF Energies Nouvelles /Canadian Solar ::* EDF Energies Nouvelles and Canadian Solar Inc announce partnership on 92.5 MWp Pirapora III photovoltaic project in Brazil.* Sale of 80% interest in the project by Canadian Solar to EDF EN do Brasil, EDF Energies Nouvelles’ local subsidiary.* Pirapora III project has started construction and is expected to reach commercial operation in Q4 2017 .* Canadian Solar is supplying modules for the project from its 380 MWp modules factory established in Brazil to support the local market .* EDF EN do Brasil will manage both the construction and operations phases of the project.* Project will generate 188 GWh per year and contribute towards the country’s goal of obtaining 23% of its energy from non-hydro renewable sources by 2030 .  Full Article

Canadian Solar's, EDF energies Nouvelles' Pirapora I project secures solar financing from the Brazilian Development Bank
Monday, 7 Aug 2017 07:00am EDT 

Aug 7 (Reuters) - Canadian Solar Inc :Canadian Solar's and EDF energies Nouvelles' Pirapora I project secures the first solar financing from the Brazilian Development Bank.Canadian Solar says 191.5 MWP Pirapora I project secured a project financing facility amounting to US$163 million from Brazilian Development Bank.Canadian Solar -Photovoltaic project located in Minas Gerais is currently under construction, is expected to reach commercial operation in Q3 of 2017​.  Full Article

BRIEF-Canadian Solar partners with Menora Mivtachim on solar projects in Israel

* Canadian Solar partners with Menora Mivtachim to invest in solar power projects in Israel