Papago Storage, the largest energy storage project in Arizona, holds a 20-year tolling agreement with Arizona Public Service Company.GUELPH, ON, June 20, 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, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona. Construction of the 1,200 M ...

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 ...

Core Viewpoint - Canadian Solar Inc. has commenced commercial operations for its first portfolio of feed-in premium (FIP) photovoltaic (PV) projects in Japan, marking a strategic shift from feed-in tariffs (FIT) to FIP to meet rising renewable energy demand [1][3] Group 1: Project Details - The commercial operation includes a 1.2 MWp project in Tsukuba City and a 1.9 MWp project in Daisen Town, both utilizing CS7N660W bifacial modules [1] - The projects were initially awarded FIT through auctions in 2020 but transitioned to FIP to capitalize on additional revenue opportunities through Non-Fossil Certificates (NFCs) [1] Group 2: Power Purchase Agreement - Toyota Tsusho Corporation has entered into a 20-year Power Purchase Agreement (PPA) with Canadian Solar, securing 100% of the PV power and NFCs generated by the projects [2] - Toyota Tsusho, as an electricity retailer, will provide the generated power and NFCs to its corporate customers [2] Group 3: Company Background and Development - Canadian Solar, founded in 2001, is a leading global solar technology and renewable energy company, having delivered over 125 GW of solar photovoltaic modules worldwide [4] - The company has developed over 10 GWp of solar power projects and 3.3 GWh of battery energy storage projects since entering the project development business in 2010 [4] - As of March 31, 2024, Canadian Solar's project development business in Japan totals 240 MWp for solar and 1.675 GWh for energy storage [3]

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...