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Stock Market & Financial Investment News

News Breaks
February 11, 2014
06:01 EDTCSIQCanadian Solar sees Q4 revenue $510M-$520M, consensus $556M
Canadian Solar expects Q4 solar module shipments to be in the range of approximately 605 MW-620 MW, which exceeds the company's original guidance of 480 MW-500 MW provided on November 13, 2013. For FY13 solar module shipments are expected to be in the range of 1,878 MW-1,893 MW. The company expects its revenue for Q4 to be in the range of $510M-$520M. The company expects its gross margin for Q4 including the sale of the Mississippi Mills project in Ontario, Canada, to be in the range of 16%-18%, compared to its original guidance of 13%-15% which did not factor in the potential sales of projects from its Ontario, Canada pipeline.
News For CSIQ From The Last 14 Days
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July 30, 2015
14:15 EDTCSIQSharp to halt production of thin solar cells, Nikkei says
Sharp (SHCAY) plans to stop producing thin solar cells due to heightened price competition from Asian rivals, reports Nikkei. The publication notes that the company will use its Sakai thin solar cell plant to instead produce solar panels for residential use. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
07:24 EDTCSIQCanadian Solar to supply commercial inverters to California agricultural farms
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July 28, 2015
07:11 EDTCSIQCanadian Solar signs $28.35M credit agreement with Rabobank Hong Kong
Canadian Solar announced that it has signed a JPY3.5B or $28.35M, credit facility agreement with Rabobank Hong Kong. The credit facility has a two-year maturity and will be used to finance the construction of an initial portfolio of up to 20 MWp of Canadian Solar's solar power plants in Japan.
July 27, 2015
09:17 EDTCSIQCanadian Solar identified as top solar pick at Roth Capital
Roth Capital identifies Canadian solar as a top pick in the solar space, citing its leading position among peers this cycle in transforming its business model to focus on downstream and the company’s limited exposure to China. The firm keeps a Buy rating on the shares.
07:06 EDTCSIQCanadian Solar completes Grand Renewable Solar Project
Canadian Solar announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., reached substantial completion on its 100 MW AC utility-scale Grand Renewable Solar Project. This project, located in the county of Haldimand, consists of approximately 445,000 CS6X MaxPower high-performance Ontario-made modules, and carries the proud distinction of being the largest operational solar farm in the nation.
July 24, 2015
11:01 EDTCSIQSolarCity rises after analyst says second half outlook strong
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July 21, 2015
07:16 EDTCSIQCanadian Solar announces construction, financing loan from Manulife
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July 20, 2015
07:03 EDTCSIQCanadian Solar completes grid connection of three solar power plants in Japan
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