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Canadian Solar to Present New EP Cube, Showcasing Advanced Safety, at Intersolar in Munich
Prnewswire· 2024-06-18 11:00
GUELPH, ON, June 18, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present the new three-phase EP Cube and EP Cube Twin Peak at Intersolar in Munich, Germany, on June 19-21, 2024. This expansion of the successful EP Cube residential energy storage line aims to enhance home storage adoption across Europe, accommodating diverse residential requirements.The three-phase EP Cube, offering a maximum output power of 12 kVa, ensures continuo ...
Canadian Solar Announces Operation of First FIP Projects in Japan and PPA Signing with Toyota Tsusho
Prnewswire· 2024-06-17 11:00
GUELPH, ON, June 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its first portfolio of Japan's feed-in premium (FIP) PV projects began commercial operation on June 1, 2024. The projects that have reached commercial operation include a 1.2 MWp project in Tsukuba City, Ibaraki Prefecture and a 1.9 MWp project in Daisen Town, Tottori Prefecture. Both projects are powered by CS7N-660W bifacial modules. Initially awarded a feed-in tariff (FIT ...
The 3 Best Solar Stocks to Buy in June 2024
Investor Place· 2024-06-15 10:49
Some of the best solar stocks to buy might not have performed well in the last 12 to 18 months. However, the industry will undoubtedly continue to grow at a steady pace beyond the current decade. The near-term price and time correction is, therefore, an opportunity to look at the best solar stocks to buy.In terms of growth potential, wind and solar are expected to produce over a third of the global power by 2030. With solar energy being the cheapest electricity production, big investments will continue to f ...
D.R. Horton Offers Canadian Solar PV Panels and Residential Batteries to Power California Communities
Prnewswire· 2024-06-13 11:00
GUELPH, ON, June 13, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R. Horton to offer its solar and energy storage products across communities in California. Under the agreement, Canadian Solar will provide a total home energy battery back-up solution, which includes both its high-efficiency solar panels and fully integrated residential energy storage system, EP Cube. This solution all ...
Recurrent Energy and SPIC Inaugurate 446 MWp Solar Complex in Brazil
Prnewswire· 2024-06-10 11:00
GUELPH, ON, June 10, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the inauguration of the 446 MWp / 360 MWac Marangatu Solar Complex in Brasileira, Brazil. SPIC owns 70% of the project, while Recurrent Energy owns the remaining 30%.Developed by Recurrent Energy, Marangatu Solar Complex was fully energized in April 2024 after 14 months of construction ...
2 Top Stocks to Buy on the Dip Before They Skyrocket
The Motley Fool· 2024-06-07 09:45
A high-growth fintech superstar and a deeply discounted global solar giant.In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Canadian Solar (CSIQ -3.32%) and SoFi Technologies (SOFI 2.46%) are appealing stocks to buy on the dip at recent prices.*Stock prices used were from the afternoon of June 2, 2024. The video was published on June 7, 2024. ...
Recurrent Energy Announces Initial Closing of Investment from BlackRock
Prnewswire· 2024-06-03 11:00
NEW YORK and GUELPH, ON, June 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the initial closing and funding of an investment in Recurrent Energy's platform by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The initial closing of the transaction, first announced in January 2024, was contingent on requisite reg ...
Canadian Solar Releases 2023 Corporate Sustainability Report
Prnewswire· 2024-05-31 11:00
GUELPH, ON, May 31, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced the release of its 2023 Sustainability Report. This report showcases the Company's ongoing progress and achievements in its environmental, social, and governance (ESG) initiatives.The sustainability disclosures in this report are aligned with global standards set by the SASB (the Sustainability Accounting Standards Board) and the Global Reporting Initiative (GRI), with reference t ...
Recurrent Energy Secures Landmark Green, Multi-currency Financing for up to €1.3 Billion to Accelerate European Renewable Energy Portfolio
prnewswire.com· 2024-05-23 11:00
The revolving credit facility will provide flexible financing for the construction of solar and battery energy storage projects across Spain, Italy, the United Kingdom, the Netherlands, France, and GermanyGUELPH, ON, May 23, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, today announced that it has secured a landmark multi-currency revolving credit facility valued at up to €1.3 ...
Canadian Solar (CSIQ) Q1 Earnings Beat, Revenues Fall Y/Y
Zacks Investment Research· 2024-05-10 13:51
Canadian Solar, Inc. (CSIQ) reported first-quarter 2024 earnings of 19 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 34 cents. However, the bottom line declined 84% from the first-quarter 2023 reported figure of $1.19 per share.RevenuesCanadian Solar reported revenues of $1.33 billion in the first quarter, which surpassed the Zacks Consensus Estimate by 4.2%. However, the top line declined 21.9% from the year-ago quarter’s figure of $1.70 billion. This decrease was primarily due ...