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Canadian Solar Inc (CSIQ.O)

CSIQ.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

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

Canadian Solar Inc Wins 367 MWp Of Solar Power Projects In Mexico​
Monday, 27 Nov 2017 07:35am EST 

Nov 27 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR INC - HAS WON 367 MWP OF SOLAR POWER PROJECTS IN AGUASCALIENTES, HERMOSILLO AND OBREGÓN, MEXICO​.CANADIAN SOLAR INC - ‍WILL DEVELOP AND BUILD THREE PROJECTS, TOTALING 367 MWP​.CANADIAN SOLAR INC- ‍PROJECTS ARE EXPECTED TO BE CONNECTED TO THE GRID AROUND JUNE 2020​.  Full Article

Canadian Solar says Canadian Solar Infrastructure Fund priced Japan IPO at JPY 100,000/unit
Thursday, 26 Oct 2017 08:04am EDT 

Oct 26 (Reuters) - Canadian Solar Infrastructure Fund Inc <9284.T>:Canadian Solar announces pricing of the initial public offering of Canadian Solar Infrastructure Fund Inc in Japan.Says ‍Canadian Solar Infrastructure Fund priced IPO of 177,800 investment units at JPY 100,000/unit, before underwriting discounts​.  Full Article

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

EU mergers and takeovers (Jan 31)

BRUSSELS, Jan 31 The following are mergers under review by the European Commission and a brief guide to the EU merger process: