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Stock Market & Financial Investment News

News Breaks
February 24, 2014
08:09 EDTHTHIY, CSIQCanadian Solar to supply 18MW of solar modules to Hitachi in Japan
Canadian Solar (CSIQ) announced that it has been awarded a module supply agreement to provide 18MW of photovoltaic modules to Hitachi (HTHIY) for a solar power project in Japan. The project is owned by Eurus Energy Holdings Corporation with Hitachi as its EPC contractor. This 18MW solar power project is expected to be in operation in March 2015. Canadian Solar will supply approximately 73,556 pieces of its 60 cell high efficiency CS6P255P modules with power output of 255Wp for this project. This solar power plant will power approximately 5,000 homes and is expected to displace approximately 9,200 tons of carbon dioxide emissions each year.
News For CSIQ;HTHIY From The Last 14 Days
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January 22, 2015
07:12 EDTCSIQCanadian Solar completes sale of Glenarm Solar Power Plant to Dutch fund
Canadian Solar has sold the 10 MW AC Glenarm solar power plant to an affiliate of DIF Infrastructure III. This solar power plant is valued at over $49M and utilizes Canadian Solar's CS6X photovoltaic modules. The project reached commercial operation in November 2014. The closing of this sale represents the first of four solar projects that will be acquired by DIF.
07:08 EDTHTHIYJohnson Controls agrees to form joint venture with Hitachi
Johnson Controls (JCI), Hitachi (HTHIY) and Hitachi Appliances have signed a definitive agreement on January 21 to form a previously announced global joint venture that will bring customers world-class variable refrigerant flow technology, as well as room air conditioners and absorption chillers to meet increasing demands for energy efficient air conditioning options. The Johnson Controls-Hitachi joint venture is expected to have 2016 sales of approximately $3.0B. The formation of the joint venture is expected to close in the fourth quarter of fiscal 2015, pending regulatory approvals.
January 21, 2015
20:11 EDTHTHIYJohnson Controls, Hitachi to form global HVAC joint venture
Johnson Controls (JCI), Hitachi, Ltd. (HTHIY) and Hitachi Appliances entered into a definitive agreement for their global joint venture while at the World Economic Forum in Davos, Switzerland. Through the agreement, Johnson Controls will obtain a 60% ownership stake in Hitachi Appliances' more than $2.6B global air conditioning business, excluding sales and service operations in Japan. The Johnson Controls-Hitachi joint venture will bring customers a full range of air conditioning products, including variable refrigerant flow technology, inverter technology based room air conditioners and absorption chillers on top of existing Johnson Controls products that meet global customer demands.
January 20, 2015
13:00 EDTCSIQCanadian Solar pullback a buying opportunity, says JPMorgan
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