Canadian Solar price target raised to $51 from $40 at Northland Securities Northland raised Canadian Solar's price target to $51 from $40 ahead of tomorrow's report and the recent pre-announcment. The firm's checks suggest strong demand, cost declines, and increased volume assumptions. Shares are Outperform rated.
Canadian 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.