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Stock Market & Financial Investment News

News Breaks
March 6, 2014
07:02 EDTCSIQCanadian Solar receives C$48M financing from Manulife
Canadian Solar announced that Manufacturer's Life Insurance Company has agreed to provide C$48M in construction and term financing to Canadian Solar for the Company's Val Caron solar power project located in Ontario, Canada. The Val Caron project is being acquired by Concord Green Energy Inc. BowMont Capital and Advisory acted as financial advisor to Concord Green Energy. Developed by Canadian Solar, the Val Caron solar power project has begun construction and will be connected in 2014. The project was awarded a 20-year power purchase contract by the Ontario Power Authority under the Ontario's Feed-In-Tariff Program.
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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