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News Breaks
May 27, 2014
07:05 EDTCSIQCanadian Solar announces joint venture with GCL-Poly in China
Canadian Solar announced that it has entered into an agreement with GCL-Poly Solar System Integration, a subsidiary of GCL-Poly Energy Holdings Limited to establish a joint venture to build a manufacturing site to produce crystalline silicon solar cells in Funing, Jiangsu Province, China. Under the terms of the agreement, Canadian Solar will own 80% and GCL will own 20% of the equity in the Joint Venture. In the initial phase, this new solar cell plant will have 300MW annual production capacity. The company expects multi-crystalline cell conversion efficiency at the Funing plant to reach 19% by the end of 2014. The new site can accommodate annual production capacity of up to 1.2GW of solar cells, if fully built. The decision to expand beyond the initial phase will be subject to market conditions. With the addition of the Funing plant, Canadian Solar's annual cell manufacturing capacity will total 1,560 MW, up from 1,500MW at the end of 2013.
News For CSIQ From The Last 14 Days
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May 19, 2015
08:52 EDTCSIQConcerns over Canadian Solar 'just near-term noise' says Roth Capital
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May 18, 2015
07:02 EDTCSIQCanadian Solar receives $44.4M non-recourse construction loan
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05:13 EDTCSIQCanadian Solar to host investor day
Investor Day to be held in New York on May 18 at 9 am. Webcast Link
May 11, 2015
11:37 EDTCSIQApple expanding renewable energy projects in China
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07:20 EDTCSIQDeutsche Bank to hold a conference
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