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Stock Market & Financial Investment News

News Breaks
February 24, 2014
06:32 EDTCSIQCanadian Solar to power five utility scale projects in NC
Canadian Solar announced it was selected by Strata Solar to power five utility scale projects totaling 30 MW. The five North Carolina projects are located in Orange, Lincoln, Union, Rockingham and Caswell counties. The power plants will power approximately 3,750 households, many of which are located in agricultural areas. Strata Solar anticipates that collectively, the systems will eliminate 21,120 metric tons of CO2 emissions, the equivalent of removing 3,900 vehicles from the road. Farming families, in particular, can benefit from adopting solar energy, as it helps offset energy costs, which can impact operational profitability.
News For CSIQ From The Last 14 Days
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April 15, 2015
06:52 EDTCSIQJapanese judge blocks relaunch of nuclear plants, NY Times says
A Japanese judge yesterday blocked the country's government from restarting two nuclear power plants, according to The New York Times. None of Japan's 48 reactors has been operating since the Fukushima disaster, and the judge's decision is potentially significant because it directly challenges the government's new nuclear safety standards, the newspaper stated, adding that the two affected reactors may not reopen for months or even years. Cameco (CCJ) develops uranium used by nuclear plants. Solar energy companies whose products may be used to supplement nuclear power in Japan include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
April 13, 2015
13:59 EDTCSIQChina looking to deploy solar power station in space, Business Insider says
China intends to deploy a solar power station in space in 2020, according to Business Insider. Expected to orbit Earth, the station is supposed to utilize over six square kilometers of solar panels, the website stated. However, a few logistical problems must be solved, including the fact that current rockets do not have nearly enough power to propel a station of that magnitude into space, Business Insider added. Publicly traded Chinese solar companies include Canadian Solar (CSIQ), JA Solar (JASO), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link

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