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Canadian Solar Inc (CSIQ.OQ)

CSIQ.OQ on NASDAQ Stock Exchange Global Select Market

16.27USD
7 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Morgan Stanley Reports 5 Pct Passive Stake In Canadian Solar As Of Nov 21-SEC Filing
Thursday, 29 Nov 2018 05:36pm EST 

Nov 29 (Reuters) - Canadian Solar Inc ::MORGAN STANLEY REPORTS 5.0 PERCENT PASSIVE STAKE IN CANADIAN SOLAR INC AS OF NOVEMBER 21 - SEC FILING.  Full Article

Canadian Solar Expands Credit Facility With Sumitomo Mitsui Banking Corporation To JPY 10.7 Bln
Thursday, 27 Sep 2018 07:00am EDT 

Sept 27 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR EXPANDS CREDIT FACILITY WITH SUMITOMO MITSUI BANKING CORPORATION TO JPY 10.7 BILLION.CANADIAN SOLAR INC - UNIT RENEWED AND EXTENDED ITS CREDIT FACILITY TO JPY 10.7 BILLION.CANADIAN SOLAR INC - NEW SUMITOMO MITSUI BANKING CORPORATION CREDIT FACILITY EXTENDS 2019 DEBT MATURITY TO 2022.CANADIAN SOLAR INC - PROCEEDS FROM LONG-TERM DEBT WILL FURTHER ENHANCE CO'S FLEXIBILITY TO DEVELOP SOLAR PIPELINE IN JAPAN.  Full Article

Canadian Solar Says Completed Sale Of Three Additional Solar Power Plants For $103.1 Million
Thursday, 6 Sep 2018 05:00am EDT 

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 06:20pm EDT 

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 06:06am EDT 

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 07:30am EDT 

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 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 Achieves Commercial Operation on 19.1MWp Project in Japan
Wednesday, 27 Dec 2017 07:00am EST 

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 CEO withdraws bid after panel rejects going-private offer

Canadian Solar said on Monday its Chief Executive Officer Shawn Qu has withdrawn an offer to take the solar module maker private after a special committee set up by the board recommended rejecting his bid.