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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.
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January 22, 2015
07:12 EDTCSIQCanadian 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.
January 20, 2015
13:00 EDTCSIQCanadian Solar pullback a buying opportunity, says JPMorgan
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