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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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December 19, 2014
07:13 EDTCSIQCanadian Solar says 'very disappointed' by U.S. AD/CVD ruling
Canadian Solar, in response to the United States Department of Commerce's Tuesday decision to impose counter-veiling and anti-dumping tariffs on certain Chinese and Taiwanese photovoltaic modules and cell imports, stated: "We are very disappointed by the DOC's decision, and the damaging impact this has on the American solar industry. This decision threatens the employment of tens and thousands of American workers in the various facets of the solar industry, including manufacturing, design, installation and operations. We plan to utilize our 500 MW manufacturing facility in Ontario, Canada to continue our support for solar energy development in the United States. As a Canadian company, however, we firmly believe in free international trade and a market economy with zero trade barriers."
December 18, 2014
07:13 EDTCSIQSolarCity, Canadian Solar called top 2015 solar picks at JPMorgan
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December 17, 2014
06:36 EDTCSIQU.S. announces tariffs on Chinese, Taiwanese solar companies, NY Times says
The U.S. announced that it would impose tariffs of 26.7%-78.4% on the imports of most Chinese made solar panels, and tariffs of 11.45%-27.5% on solar cells made in Taiwan, according to The New York Times. Duties of 27.6%-50% will be imposed on modules made in China, the newspaper quoted the Commerce Department as saying. American officials still hope that they can reach a settlement with the Chinese on solar trade issues, the newspaper stated. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
December 16, 2014
07:07 EDTCSIQCanadian Solar completes sale of RayLight solar power plant
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December 12, 2014
08:42 EDTCSIQCanadian Solar has reached attractive entry point, says Roth Capital
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December 8, 2014
09:04 EDTCSIQCanadian Solar management to meet with JPMorgan
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06:06 EDTCSIQSharp could sell U.S. solar unit to Canadian Solar, Nikkei reports
Sharp (SHCAY) will reportedly sell its U.S.-based solar energy development unit Recurrent Energy to Canadian Solar (CSIQ) for about $250M, The Nikkei said yesterday. Sharp aims to reach a basic agreement Canadian Solar by the end of the month and complete the sale by spring, the report indicated. Reference Link

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