GUELPH, ON, Aug. 22, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2024.HighlightsSolar module shipments of 8.2 GW, above guidance of 7.5 GW to 8.0 GW.Net revenues of $1.6 billion, in line with guidance of $1.5 billion to $1.7 billion.17.2% gross margin, in line with guidance of 16% to 18%.e-STORAGE backlog grew to $2.6 billion, backed by a record 66 GWh of pipeline, as of June 30, 2024.Recu ...

Investors interested in Solar stocks are likely familiar with Canadian Solar (CSIQ) and Enphase Energy (ENPH) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with posi ...

From traditional energy sources like natural gas and oil to newer alternatives like hydrogen and solar, the energy sector has evolved massively over the years. Yet, there is something unchanged — energy is still at the core of our daily lives. Without energy, barely anything could function. It plays a critical role in every method of transportation possible, from millions of vehicles on the road to planes used for domestic and international travel. The energy sector depends largely on government policies, t ...

GUELPH, ON, Aug. 7, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been awarded a turnkey EPC contract for 100 MW / 200 MWh energy storage solutions by Fotowatio Renewable Ventures (FRV) Australia for its Terang energy storage project in Victoria, Australia. FRV Australia, part of Jameel Energy and the Canadian infrastructure fund OMERS, ...

Investors interested in stocks from the Solar sector have probably already heard of Canadian Solar (CSIQ) and Enphase Energy (ENPH) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision ...

GUELPH, ON, July 24, 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 successful financial close on a €50 million loan from the European Investment Bank ("EIB"). The facility will support the development and construction of a solar energy portfolio in Italy. The loan, a €50 million 5-year term facility, aligns with the EIB's lending priorities on Ren ...

GUELPH, ON, July 23, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, August 22, 2024, at 8:00 a.m. U.S. Eastern Time (8:00 p.m., August 22, 2024, in Hong Kong) to discuss the Company's second quarter 2024 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.), +852 800 965 561 (from Hong Kong), +86 400 120 2840 (local dial-in from Main ...

GUELPH, ON, July 18, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been awarded a contract of 11 MW AC / 22 MWh AC energy storage solutions by Root-Power Ltd. ("Root-Power"), part of the YLEM Group. The energy storage solutions will be used for Root-Power's Coryton Energy Park project, in Corringham, Essex, England. Construction of the ...

Canadian Solar (CSIQ) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower despite the fact that the company beat the number back in May.  The company is a provider of solar photovoltaic modules that provide solar power and battery storage solutions. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.DescriptionOntario, Canada-based Canadian Solar Inc. is a leading manufacturer of solar photovoltaic modules and a provider of solar ener ...

Jonathan Kitchen The Solar Investment Thesis Remains Robust Here We previously covered Daqo New Energy (DQ) and First Solar, Inc. (FSLR) in April 2024, discussing their uncertain solar PV prospects attributed to the polysilicon supply glut and the intensified pricing competition from Chinese-produced silicon-based solar panels, respectively. For this particular article, we will be looking at Canadian Solar (NASDAQ:CSIQ) and sharing our findings about the stock, continuing the theme surrounding the solar ...