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Stock Market & Financial Investment News

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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August 20, 2014
08:27 EDTCSIQCanadian Solar completes sale of Good Light Solar Power Plant to BluEarth
Canadian Solar's wholly-owned subsidiary, Canadian Solar Solutions, has completed the sale of Good Light, a 10 MW AC solar power plant located in the town of Kawartha Lakes, Ontario, Canada, valued at over $60.3M, to a BluEarth Renewables subsidiary. This is the second of four planned solar projects being acquired by BluEarth from Canadian Solar, totalling 38.5 MW AC.
August 19, 2014
09:20 EDTCSIQReported settlement offer positive for Chinese solar stocks, says Roth Capital
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August 13, 2014
16:19 EDTCSIQOn The Fly: Closing Wrap
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12:16 EDTCSIQCanadian Solar soars after results top estimates
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12:07 EDTCSIQOn The Fly: Midday Wrap
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10:36 EDTCSIQCanadian Solar rallies sharply following earnings beat, levels to watch
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09:15 EDTCSIQOn The Fly: Pre-market Movers
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09:14 EDTCSIQCanadian Solar Q2 report encouraging, says at Northland
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07:26 EDTCSIQCanadian Solar sees Q3 revenue $760M-$810M, consensus $784.75M
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07:25 EDTCSIQCanadian Solar reports Q2 EPS 95c, consensus 58c
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August 12, 2014
15:53 EDTCSIQCanaccord to hold a conference
34th Annual Growth Conference to be held in Boston on August 13-14.
15:23 EDTCSIQNotable companies reporting before tomorrow's open
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15:10 EDTCSIQCanadian Solar August volatility elevated into Q2 and outlook
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13:42 EDTCSIQCanadian Solar weakness a buying opportunity, says Northland
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07:12 EDTCSIQCanadian Solar executes 44 MWp module sales agreement
Canadian Solar announced that the Company executed a 44 MWp module sales agreement with affiliates of Entropy Investment Management and Entropy Solar Integrators. Entropy will construct seven solar farms in North Carolina in 2014 by using high efficient Canadian Solar CS6X-P PV module series. Over the next twenty years, the projects are anticipated to generate more than 1.1 Mio. kWh of clean, renewable, solar energy.
August 11, 2014
12:42 EDTCSIQChina solar company estimates lowered at Credit Suisse
Creidt Suisse lowered estimates on Chinese solar companies due to continued weak pricing and lower margin expectations. The firm expects Q2 reports to be roughly in-line with guidance with reduced Q3 margin expectations.
August 8, 2014
06:33 EDTCSIQChina's solar energy capacity growth accelerated, Xinhua reports
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