Canadian Solar Inc. CSIQ recently signed a strategic partnership agreement with Berlin-based SolarWorX in an attempt to improve electric supply to approximately 1.2 billion people who are still living without a stable grid connection. The partnership will mostly serve the citizens residing in Sub-Saharan Africa. Per the deal terms, Canadian Solar — as the lead […]
Canadian Solar Inc (NASDAQ:CSIQ) announced last week it has closed the sale of a 19-MWp solar park in Japan to a number of local passive investors. The unnamed buyers have paid approximately JPY 6.8 billion (USD 65.6m/EUR 53.9m) for the solar power plant located in Gunma prefecture. Canadian Solar will remain the asset manager and […]
GUELPH, Ontario : Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, announced today it completed the sale of Gunma Aramaki, a 19 MWp operational solar power plant in the Yamaguchi Prefecture in Japan for JPY6.8 billion (approximately US$64 million). Canadian Solar sold its equity stake […]
Canadian Solar Inc., a manufacturer of solar photovoltaic modules and provider of solar energy solutions, says it has reached the financial close of its 126 MWp Tastiota project in Sonora, Mexico. The non-recourse financing package, arranged by Canadian Solar, was provided by Sumitomo Mitsui Banking Corp. (SMBC). SMBC acted as the sole structuring bank and […]
The company will add 4 gigawatts (GW) of annual solar module production capacity on top of its current 3 GW plant, according to a company statement Canadian Solar, a Canada-headquartered solar equipment producer, started to expand its solar module manufacturing project in Yancheng, a port city in China’s eastern province of Jiangsu * The company […]
California-based photovoltaic (PV) panels maker Solaria Corporation is suing sector player Canadian Solar Inc (NASDAQ:CSIQ) over allegations that the latter infringes one of its US patents. Solaria said in a statement it has filed a lawsuit against Canadian Solar in the Federal District Court for the Northern District of California. The patent that is […]