GUELPH, ON, April 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has recently been awarded a Silver rating from EcoVadis, one of the world's largest and most trusted providers of business sustainability ratings, headquartered in Paris, France. The rating score also placed Canadian Solar in the top 5% of companies rated by EcoVadis within the company's industry. EcoVadis' sustainability assessments evaluate a company's performance in te ...

GUELPH, ON, April 16, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, May 9, 2024, at 8:00 a.m. U.S. Eastern Time (8:00 p.m., May 9, 2024, in Hong Kong) to discuss the Company's first quarter 2024 results and business outlook. The dial-in phone number for the live audio call is +1-800-717-1738 (toll-free from the U.S.), +852 5808 0636 (from Hong Kong), +86 010 8783 3254 (local dial-in from Mainland Chi ...

Navigating the complicated stock market landscape might be intimidating for people who want to retire early. But even amid all the upheaval and uncertainty, certain possibilities are possible sources of wealth generation. Here, three such prospects are highlighted and explored as good bets for early retirement.The first one stands out for having a significant rise in operating income. This is attributable to a combination of clever cost control and operational efficiency. This indicates the company has soun ...

GUELPH, ON, April 3, 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 multi-currency facility of up to €110 million ($120 million) from a group of international banks led by Investec Bank Plc. The facility consists of a €55 million term loan and a €55 million revolving credit facility with a total duration of three years. The funding will supp ...

Solar stocks have been negatively impacted in the recent past due to macroeconomic headwinds. Further, industry competition has impacted margins, and there are overcapacity fears in countries like China. As a result, investor interest in the sector has declined. I, however, believe it’s the best time to consider exposure to the sector. There are several overlooked solar stocks to buy that trade at undervalued levels.Once the near-term headwinds are navigated, the sector will create immense value. It’s worth ...

Canadian Solar Inc.’s (CSIQ) subsidiary, Recurrent Energy, recently completed the acquisition of a solar photovoltaic (PV) portfolio in the south of Spain. The portfolio has a generation capacity of more than 420 megawatt peak (MWp).This buyout will put Recurrent Energy a step ahead in completing its projection to start construction on more than 1 GW of solar projects in Spain in 2024.Details of the ProjectThe acquired portfolio, located in Carmona, a municipality in Seville, is currently under construction ...

The use of solar energy in power grids is still a strong component concerning the future of alternative energy. Although the concept of solar energy has been around for centuries, technological advancements to make this renewable energy form more affordable in mass production remain in its early stages.Naturally, a more stable inflationary environment is critical for solar industry stocks and many of these equities look poised for an extended rebound with potential rate cuts looming this year.Nextracker Inc ...

GUELPH, ON, March 20, 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 the acquisition of a solar PV portfolio in the south of Spain with a capacity of more than 420 MWp. Recurrent Energy currently has projects in various stages of development in Spain and expects to start construction on more than 1 GW of solar projects in the country in 2024. The recently acquire ...

Canadian Solar Inc. (CSIQ) reported fourth-quarter 2023 loss of 2 cents per share, which came in much narrower than the Zacks Consensus Estimate of a loss of 13 cents. The bottom line also deteriorated from the year-ago quarter’s reported profit of $1.11.For 2023, the company reported earnings of $3.87 per share, up from $3.44 recorded in 2022. The full-year earnings also surpassed the Zacks Consensus Estimate of $3.68 by 5.2%.Total RevenuesThis solar cell manufacturer’s total fourth-quarter 2023 revenues o ...

Canadian Solar Inc. (NASDAQ:CSIQ) Q4 2023 Earnings Conference Call March 14, 2024 8:00 AM ET Company Participants Wina Huang - Head of IR Shawn Qu - Chairman & CEO Yan Zhuang - President, CSI Solar Ismael Guerrero - Corporate VP & President, Recurrent Energy Huifeng Chang - SVP & CFO Conference Call Participants Colin Rusch - Oppenheimer Vikram Bagri - Citi Philip Shen - ROTH MKM Brian Lee - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. Welcome to Canadian Solar's Fourth Quarter 20 ...