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Canadian Solar Inc (CSIQ.OQ)

CSIQ.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Canadian Solar Expands Solar Project Development To South Korea
Monday, 14 May 2018 08:00am EDT 

May 14 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR EXPANDS SOLAR PROJECT DEVELOPMENT TO SOUTH KOREA.CANADIAN SOLAR INC - ACQUIRED EXCLUSIVE RIGHTS TO DEVELOP AN 8 MWP SOLAR PV PROJECT IN GANGWON PROVINCE, SOUTH KOREA.CANADIAN SOLAR INC - CONSTRUCTION OF THE PROJECT WILL START IN EARLY 2019.  Full Article

Canadian Solar Partners With Global Investment Holdings To Develop And Provide Services For Up To 300 MWp Solar Projects In EMEA
Friday, 27 Apr 2018 07:00am EDT 

April 27 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR PARTNERS WITH GLOBAL INVESTMENT HOLDINGS TO DEVELOP AND PROVIDE SERVICES FOR UP TO 300 MWP SOLAR PROJECTS IN EMEA.CANADIAN SOLAR - AGREES WITH GLOBAL INVESTMENT HOLDINGS TO DEVELOP & OPERATE A SOLAR POWER PROJECTS PIPELINE WITH TOTAL CAPACITY OF UP TO 300 MWP.CANADIAN SOLAR - CO WILL PROVIDE ENGINEERING, PROCUREMENT AND CONSTRUCTION AND OPERATIONS AND MAINTENANCE SERVICES TO THE SOLAR POWER PROJECTS.  Full Article

Canadian Solar Acquires A Solar Power Project In Argentina
Thursday, 29 Mar 2018 08:00am EDT 

March 29 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR ACQUIRES A 97.6 MWP SOLAR POWER PROJECT IN ARGENTINA.CANADIAN SOLAR INC - ANNOUNCED ACQUISITION OF A 97.6 MWP SOLAR PHOTOVOLTAIC (PV) PROJECT IN CAFAYATE, SALTA PROVINCE, ARGENTINA.CANADIAN SOLAR INC - CANADIAN SOLAR PLANS TO START CONSTRUCTION ON PLANT IN JULY 2018.CANADIAN SOLAR INC - ONCE CONNECTED TO GRID BY Q2 OF 2019, PLANT WILL GENERATE APPROXIMATELY 235,777 MWH OF ELECTRICITY PER YEAR.  Full Article

Canadian Solar Reports Q4 Earnings Per Share $1.01
Monday, 19 Mar 2018 06:18am EDT 

March 19 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $1.01.SEES FY 2018 REVENUE $4.4 BILLION TO $4.6 BILLION.Q4 REVENUE $1.11 BILLION VERSUS I/B/E/S VIEW $1.14 BILLION.Q4 EARNINGS PER SHARE VIEW $0.96 -- THOMSON REUTERS I/B/E/S.SEES Q1 2018 REVENUE $1.37 BILLION TO $1.4 BILLION.QTRLY ‍TOTAL SOLAR MODULE SHIPMENTS WERE 1,831 MW, COMPARED TO 1,870 MW IN Q3 OF 2017​.‍FOR Q1 , EXPECTS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF APPROXIMATELY 1.30 GW TO 1.35 GW​.‍FOR FULL YEAR 2018, CO EXPECTS TOTAL MODULE SHIPMENTS TO BE IN RANGE OF 6.6 GW TO 7.1 GW​.‍GROSS MARGIN FOR Q1 IS EXPECTED TO BE BETWEEN 10.0% AND 12.0%​.‍EXPECT APPROXIMATELY 53% OF TOTAL REVENUE FOR 2018 TO COME FROM SOLAR MODULE AND COMPONENTS BUSINESS​.‍COMPANY EXPECTS ITS COST OF PRODUCTION WILL DECREASE THROUGHOUT YEAR​.‍EXPECTS ITS COST OF PRODUCTION "WILL DECREASE" THROUGHOUT YEAR​.‍MOVING INTO 2018, HAVE SEEN PRICE ADJUSTMENT THROUGHOUT SOLAR VALUE CHAIN​.CANADIAN SOLAR - CO'S PORTFOLIO OF SOLAR POWER PLANTS IN OPERATION WAS ABOUT 1.2 GWP AS OF FEB 28, 2018​.‍CERTAIN OF PRODUCTION PLANTS HAVE RECENTLY EXPERIENCED UNDER-UTILIZATION DUE TO CHANGING TARIFF AND MARKET CONDITIONS​.Q1 REVENUE VIEW $1.13 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $3.98 BILLION -- THOMSON REUTERS I/B/E/S.CANADIAN SOLAR - ‍SOME MODULE & CELL PRODUCTION PLANTS IN CANADA & SOUTH EAST ASIA ARE UNDER-UTILIZED DUE TO SECTION 201 TARIFF DECISIONS BY U.S. GOVERNMENT..  Full Article

Canadian Solar's Unit Finalizes Sale Of Interests In Three Solar Photovoltaic Projects Totaling 235 MWac/309 MWp
Tuesday, 13 Mar 2018 07:00am EDT 

March 13 (Reuters) - Korea Electric Power Corp <015760.KS>::CANADIAN SOLAR - UNIT RECURRENT ENERGY FINALIZED SALE OF INTERESTS IN THREE SOLAR PHOTOVOLTAIC PROJECTS TOTALING 235 MWAC/309 MWP.CANADIAN SOLAR- KOREA ELECTRIC POWER CORP ACQUIRED INTERESTS IN ASTORIA, ASTORIA 2, BARREN RIDGE PROJECTS.CANADIAN SOLAR - KEPCO PARTNERED WITH CORPORATE PARTNERSHIP FUND, KOREAN PRIVATE EQUITY FUND ALSO KNOWN AS COPA FUND, TO MAKE DEAL.  Full Article

Canadian Solar Secures JPY16 Billion Credit Facility From Shinsei Bank
Thursday, 1 Mar 2018 07:00am EST 

March 1 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR SECURES JPY16 BILLION CREDIT FACILITY FROM SHINSEI BANK.CANADIAN SOLAR - FACILITY HAS 18.5-YEAR TENOR, DEBT REPAYMENT FLEXIBILITY IN 2019 TO ENABLE POTENTIAL SALE OF SOLAR POWER PROJECT.CANADIAN SOLAR - ‍NON-RECOURSE PROJECT FINANCE FACILITY FOR 53.4 MWP OITA HIJIMACHI SOLAR POWER PROJECT​.  Full Article

Canadian Solar Sees FY17 Revenue $3.33 Bln-$3.37 Bln
Friday, 12 Jan 2018 07:00am EST 

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 11:23am EST 

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 12:53pm EST 

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 Selected For 112 MWp Solar Power Project In Brazil
Thursday, 21 Dec 2017 07:00am EST 

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