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Stock Market & Financial Investment News

News Breaks
June 26, 2014
05:39 EDTCSIQCanadian Solar announces C$300M agreement with Kingston Solar
Canadian Solar announced that its wholly-owned subsidiary, Canadian Solar Solutions, has entered into an Engineering, Procurement, and Construction agreement with Kingston Solar, a solar energy project developed by Samsung Renewable Energy for the construction of a 140 MW DC utility-scale solar energy farm. The agreement is expected to generate revenue of over C$300M for Canadian Solar. The construction of the utility-scale solar energy farm will begin in Q3, and is expected to be fully operational in Q3 of 2015. This is Canadian Solar's second agreement in connection with a solar project developed by Samsung and represents Phase II of Samsung's Green Energy Investment Agreement solar project development in Ontario, which totals 300MW AC.
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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