GUELPH, ON, Feb. 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today its pivotal role in powering the Super Bowl LVIII that was held at Allegiant Stadium in Las Vegas, Nevada on February 11, 2024. The first-ever Super Bowl to be powered entirely by renewable energy, this historic event sourced electricity from the Arrow Canyon solar and energy storage project in Nevada. Developed, owned, and operated by EDF Renewables, the Arrow Canyon project uses ...

GUELPH, ON, Feb. 27, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, announced today that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico. Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent and 36 percent respectively ...

Vithun Khamsong/Moment via Getty ImagesCanadian Solar (NASDAQ:CSIQ) was incorporated in Canada in 2001. In 2006, Canadian Solar went public on Nasdaq as a Corporation headquartered in Canada. Since 2013, Canadian Solar has grown its revenues by 475% and earnings per share by 800%. During these past 10 years, Canadian Solar has always had positive earnings and is now an international solar powerhouse. We feel Canadian Solar is vastly undervalued due to its image as a Chinese company. To understand Canadi ...

Solar energy stocks have been depressed in the last few quarters. This has translated into several stocks trading at a valuation gap. I believe that the correction presents a good buying opportunity with some of the best solar energy stocks poised for a strong comeback.An important reason for weak numbers from solar companies is macroeconomic headwinds in the U.S. and Europe. Further, with high interest rates, demand for solar projects from retail consumers has been sluggish. However, the key point is that ...

GUELPH, ON, Feb. 15, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has been awarded the "Top Brand PV Award USA 2024" by EUPD Research, a globally renowned authority in market research. This accolade stands as the epitome of recognition and prestige in the global PV industry, symbolizing reliability and trust within target customer groups and among business partners. A trailblazer in the photovoltaic (PV) industry for over two decades, C ...

Solar stocks have seen brighter days. Even with a strong potential backlog, some of the best solar stocks have been in a correction mode for the past few quarters. Macroeconomic challenges that translate into lower demand and high inventory are to blame for the depressed sentiments. Further, the instillation of residential solar projects involve relatively higher costs, especially as interest rates remain high.Notably, most of these challenges are temporary. Therefore, the correction in some of the best sol ...

GUELPH, ON, Feb. 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, March 14, 2024, at 8:00 a.m. U.S. Eastern Time (8:00 p.m., March 14, 2024, in Hong Kong) to discuss the Company's fourth quarter and full year 2023 results and business outlook. The dial-in phone number for the live audio call is +1-877-704-4453 (toll-free from the U.S.), 800 965 561 (from Hong Kong), +86 400 120 2840 (local dial-in f ...

Canadian Solar (CSIQ) closed the most recent trading day at $22.07, making no change from the previous trading session. This change lagged the S&P 500's 0.06% gain on the day. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.Coming into today, shares of the solar wafers manufacturer had lost 6.32% in the past month. In that same time, the Oils-Energy sector lost 1.2%, while the S&P 500 gained 6.45%.Investors will be eagerly watching for the performance of Canadian Solar in its u ...

Canadian Solar Inc.’s (CSIQ) subsidiary, Recurrent Energy, recently secured a project financing worth $160 million for its 127 megawatts direct current (MWdc) Bayou Galion Solar project in Northeast Louisiana. Once completed, this project should further strengthen CSIQ’s footprint in the solar market.Mitsubishi UFJ Financial Group, Inc. was the Coordinating Lead Arranger for the financing.Details of the ProjectThe Bayou Galion project is expected to generate enough clean electricity to power more than 20,50 ...

GUELPH, ON, Feb. 6, 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, announced today that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Morehouse Parish in Northeast Louisiana. The project is currently under construction and is expected to be operational by fall 2024. Microsoft Corporation will purchase 100 percent of the ...