SINGAPORE : Maxeon Solar Technologies, Ltd. (“Maxeon”) (NASDAQ:MAXN) and Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) announced today that the companies have reached a settlement agreement resolving a patent infringement lawsuit in Tokyo District Court, Japan. The patent infringement lawsuit alleged Canadian Solar Japan infringed Maxeon’s Japan Patent No. JP6642841B2 (“Shingled Solar Cell Module”). Pursuant […]
Canadian Solar and Matrix Renewables Announce Transaction for 105 MWac Solar Plus 80 MWh Storage Project in California – EQ Mag Pro
GUELPH, Ontario and MIAMI, Florida : Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) through its wholly-owned subsidiary Recurrent Energy, LLC (“Recurrent”) and Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced an agreement whereby Matrix Renewables will acquire the Gaskell West 2 and 3 project of 105 MWac solar plus 80 MWh energy […]
Canadian Solar expects doubling of energy storage solutions business in 2022 – EQ Mag Pro
Canadian Solar shipped just under 900MWh of battery storage in 2021, the first full year of its involvement in the segment, but expects to double that figure this year. The vertically-integrated solar PV company’s CSI Solar manufacturing subsidiary shipped 896MWh of battery energy storage system (BESS) technology during last year, while the parent company made […]
Canadian Solar Reports Fourth Quarter And Full Year 2021 Results – EQ Mag Pro
GUELPH, Ontario :Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights Solar module shipments of 3.8 GW, in line with guidance of 3.7 GW to 3.9 GW. 47% increase in revenue year-over-year (“yoy”) to $1.53 […]
CANADIAN SOLAR STARTS MASS PRODUCTION OF NEW ROOFTOP MODULE WITH POWER OUTPUT REACHING 420W – EQ Mag Pro
GUELPH, ON : Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), today announced it has started mass production of new 54-cell format module with 182 mm cell for residential, commercial and industrial rooftop solar systems. The shipment of this new format modules has already started this month. CS6R-MS, the new module type under […]
Canadian Solar Becomes the Largest Solar Developer in Italy After Signing 84 MWp PPA with Axpo Italia – EQ Mag Pro
GUELPH : Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) today announced it has signed two 10-year power purchase agreements (PPA) with Axpo Italia for the purchase of 70% of energy produced by two solar power plants under development totaling 84 MWp. Axpo Italia is one of the largest market operators in the […]
CANADIAN SOLAR SIGNS 381 MWP SOLAR CORPORATE PPA IN BRAZIL – EQ Mag Pro
GUELPH, Ontario : Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ) today announced that its Global Energy business group recently signed private power purchase agreements (“PPA”) with Usinas Siderurgicas de Minas Gerais S.A. (“Usiminas”, NYSE: USNZY & BVMF: USIM5), one of the largest steelmakers in Latin America, committing 50% of the total electricity […]
Canadian Solar Warns Imports From China Risk Being Detained By U.S.
The seizing of shipments risks delaying solar projects as the industry has also faced rising module prices and freight costs Canadian Solar Inc. warned that all panel imports from China risk being detained by U.S. Customs as the Biden administration cracks down on alleged labor abuses in the Xinjiang region. Four of Canadian Solar’s sample […]
Colombia’s First-Ever Battery Storage Tender Won By Canadian Solar
Vertically-integrated solar PV company Canadian Solar has been awarded a 45MW / 45MWh battery storage project by Colombia’s Ministry of Energy and Mines. Rendering of Slate, a solar-plus-storage project which Canadian Solar’s development subsidiary Recurrent Energy is currently working on in King’s County, California. The ministry’s Energy Mining Planning Unit (UPME) launched the tender earlier […]
Canadian Solar Warns Of Panel Price Increase
Although a challenging year, Canadian Solar saw major growth in panel shipments in 2020 – but also warned of a price rise looming. The company announced its financial results for the final quarter and full calendar year of 2020 on Friday, reporting 32% annual growth in total module shipments to 11.3 GW. Commenting on the […]
