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Canadian Solar Inc (CSIQ.OQ)

CSIQ.OQ on NASDAQ Stock Exchange Global Select Market

15.89USD
20 Apr 2018
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Latest Key Developments (Source: Significant Developments)

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

Canadian Solar Inc. Announces Receipt Of A Preliminary, Non-Binding "Going Private" Proposal Letter From CEO
Monday, 11 Dec 2017 07:00am EST 

Dec 11 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR INC. ANNOUNCES RECEIPT OF A PRELIMINARY, NON-BINDING "GOING PRIVATE" PROPOSAL LETTER FROM ITS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FORMATION OF AN INDEPENDENT SPECIAL COMMITTEE.CANADIAN SOLAR INC. ANNOUNCES RECEIPT OF A PRELIMINARY, NON-BINDING "GOING PRIVATE" PROPOSAL LETTER FROM ITS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FORMATION OF AN INDEPENDENT SPECIAL COMMITTEE.CANADIAN SOLAR - RECEIVED PROPOSAL LETTER TO ACQUIRE ALL SHARES OF CO NOT ALREADY BENEFICIALLY OWNED BY QU AND HANBING ZHANG FOR US$18.47 PER SHARE​.  Full Article

Canadian Solar has been awarded a 17.87MWP project in Japan's Inaugural Solar Energy auction
Tuesday, 5 Dec 2017 07:00am EST 

Dec 5 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR INC - HAS BEEN AWARDED A 17.87MWP PROJECT IN JAPAN'S INAUGURAL SOLAR ENERGY AUCTION.CANADIAN SOLAR - EXPECTS 17.87 MWP PROJECT TO REACH COMMERCIAL OPERATION BY 2021.CANADIAN SOLAR- ‍ONCE CONSTRUCTED, 17.87MWP PROJECT WILL ENTER A 20-YEAR POWER PURCHASE AGREEMENT WITH CHUGOKU POWER ELECTRIC AT RATE OF JPY17.97 PER KWH​.  Full Article

BRIEF-Canadian Solar Awarded 364 MWp Solar Projects In Brazil

* CANADIAN SOLAR - 364 MWP OF PROJECTS AWARDED 20-YEAR POWER PURCHASE AGREEMENTS WITH AVERAGE PRICE OF 118.15 BRL/MWH (ABOUT US$35.58/MWH) Source text for Eikon: Further company coverage: