GUELPH, ON, Nov. 7, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ:CSIQ) today announced that it will hold a conference call on Thursday, December 5, 2024, at 8:00 a.m. U.S. Eastern Time (9:00 p.m., December 5, 2024, in Hong Kong) to discuss the Company's third 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 Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13750071. A live webcast of the conference call will also be available on the investor relations section

Autodesk, Inc., Biogen Inc., EMD Electronics and Wayfair Inc. are now purchasing renewable energy from the Texas project HOUSTON and GUELPH, ON, Oct. 31, 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 that Liberty Solar, a 134 MW (100 MWac) solar project near Houston, Texas, has reached commercial operation. Liberty Solar is in Liberty County, Texas, about 50 miles northeast of Houston. Customers for the project include Autodesk, Inc., Biogen Inc., EMD Electronics (the U.S. and Canada electronics business of Merck KGaA, Darmstadt, Germa

Recurrent Energy's latest energy storage and solar tolling agreements with APS support Arizona's expanding energy needs GUELPH, ON and PHOENIX, Oct. 31, 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 that it has signed two new tolling agreements with Arizona Public Service Company (APS). The 20-year tolling agreements encompass the Desert Bloom Storage and Papago Solar projects. Both projects, located in Maricopa County, Arizona, are scheduled to start construction in 2025 and reach operation in 2026. Desert Bloom Storage is a 600 MWh s

GUELPH, ON, Oct. 22, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ:CSIQ), today issued the following comment: On October 8, 2024, Trina Solar Co., Ltd., ("Trina"), a Chinese competitor of Canadian Solar, filed a complaint for patent infringement in the U.S. District Court for the District of Delaware lawsuit against three of the Company's U.S. subsidiaries. The suit alleges that the subsidiaries are directly or indirectly infringing on two U.S. patents held by Trina relating to tunnel oxide passivated contact solar photovoltaic module technology (commonly referred to in the solar industry as "TOPCon" technology). As one of the largest solar product ma

GUELPH, ON, Oct. 10, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ), one of the world's largest solar technology and renewable energy companies, is proud to be recognized as the most trustworthy company on Newsweek's World's Most Trustworthy Companies 2024 list in the Energy and Utilities sector. This ranking underscores Canadian Solar's commitment to transparency, reliability, and sustainability, and reflects our commitment to quality and customer service across the globe. The Newsweek list, developed in collaboration with Statista, relies on over 230,000 evaluations of companies across 23 industry sectors and 20 countries. Assessments were based

NEW YORK and GUELPH, Ontario, Oct. 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 final closing of a $500 million investment in Recurrent Energy by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The transaction, announced in January 2024, has been completed following the receipt of the second and final payment. The first payment took place in June 2024. As agreed between the parties, BlackRock's total investment has reached $500 million, representing 20% of the outstanding fully diluted sha

GUELPH, ON, Oct. 1, 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 secured a turnkey EPC contract to supply a 98 MW/312 MWh DC Battery Energy Storage System (BESS) to the Huatacondo project in Chile. The project, developed by Sojitz Corporation and Shikoku Electric Power Co., Inc. through their subsidiary AustrianSolar Chile Cuatro SpA ("ASC4"), is set to commence construction in the first quarter of 2025. e-STORAGE will provide and integrate its advanced SolBank 3.0 energy storage solution for the project. Under the EPC co

GUELPH, ON, Sept. 3, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced that it has entered into a partnership agreement with SOLARCYCLE, America's most advanced solar recycling company. This agreement positions Canadian Solar as one of the first crystalline silicon solar module manufacturers to offer comprehensive recycling services to its U.S. customers. Under the terms of the agreement, SOLARCYCLE will serve as Canadian Solar's preferred recycling partner, while Canadian Solar will act as an original equipment manufacturer (OEM) partner to SOLARCYCLE, offering upfront recycling services. Canadian Solar customers can now secure recyc

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. Highlights Solar 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.Recurrent Energy expanded its total development pipeline to 27 GWp of solar and 63 GWh of battery energy storage, as of June 30, 2024.Achieved initial closing of BlackRock's investment in Re

GUELPH, ON, Aug. 19, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) today announced that it has entered into a definitive agreement with PAG, a leading investment firm in Asia Pacific, pursuant to which PAG will subscribe for US$200 million in aggregate principal amount of convertible notes (the "Notes") to be issued by the Company. The transaction is expected to close in the fourth quarter of 2024, subject to closing conditions. The Company will retain certain flexibility on draw downs, using the net proceeds to optimize its capital structure, repay certain other indebtedness and invest in solar development projects. The Notes will bear an intere

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 Renewable Energy, Climate Action, and Social and Economic Cohesion. This transaction strengthens Recurrent Energy's leadership in Italy's clean energy transition, enhancing the country's renewable energy capacity and supporting Europe'

President Joe Biden and former President Donald Trump are, as of now, set to square off in a fierce rematch of the 2020 election. As betting markets show Trump having a substantial advantage over Biden, how would solar stocks far under a second Trump term? Benzinga’s readers weighed in. “Would you buy solar stocks ahead of a Trump/[J.D.] Vance win, given their historical skepticism towards the solar industry and support for fossil fuels?” Benzinga asked. The results show varying opinions among investors. 43% of respondents said yes. 57% of respondents said no. Now Read: Project 2025 Wants To Radically Change US Tax Policy — Would You Pay More Or Less In Taxes? Trump’s odds o

Shares of Domino’s Pizza, Inc. (NYSE:DPZ) fell sharply during Thursday's session after the company reported mixed quarterly results. The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion. The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known. Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Onconetix, Inc. (NASDAQ:ONCO) climbed 97.6% to $0.2944. On July 15, Oncon

U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday. Shares of Cintas Corporation (NASDAQ:CTAS) rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues. Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro. Cintas shares gained 5.3% to $758.25 on Thursday. Here are some other big stocks recording gains in today’s session. Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares gained 47.6% to $37.29 after the company and Darde

The energy storage solutions will be used for Root-Power's Coryton Energy Park project, in Corringham, Essex, England. Construction of the project started in late May 2024.

Key Takeaways: JinkoSolar is forming a $1 billion joint venture with two local partners in Saudia Arabia with annual capacity of 10 GW of solar cells and 10 GW of solar modules The tie-up comes as Chinese solar companies expand their manufacturing globally, and as Saudi Arabia diversifies its economy beyond energy By Doug Young Solar panel giant JinkoSolar Holding Co. Ltd. (NYSE:JKS) has become the latest to jump on a Chinese export train that’s increasingly passing through the Middle East with a stop in Saudi Arabia, the region’s richest country that also has big clean energy ambitions. The leading Chinese solar panel maker on Tuesday announced its formation of a $1 billion Saudi jo

JP Morgan analyst Mark Strouse maintains Canadian Solar (NASDAQ:CSIQ) with a Underweight and raises the price target from $17 to $20.

The project holds a 20-year tolling agreement with Arizona Public Service Company and is expected to create 200 jobs during construction. 

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) through auctions held in 2020, the Company decided to switch the projects from FIT to FIP in response to the rising demand for renewable energy. FIP-awarded projects will generate additional revenue through Non-Fossil Certificates (NFCs).

GUELPH, ON, Nov. 7, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ:CSIQ) today announced that it will hold a conference call on Thursday, December 5, 2024, at 8:00 a.m. U.S. Eastern Time (9:00 p.m., December 5, 2024, in Hong Kong) to discuss the Company's third 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 Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13750071. A live webcast of the conference call will also be available on the investor relations section

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 Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13747972. A live webcast of the conference call will also be available on the investor relations section

GUELPH, ON, May 9, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the first quarter ended March 31, 2024. Highlights Solar module shipments of 6.3 GW, in line with guidance of 6.1 GW to 6.4 GW.Net revenues of $1.3 billion, in line with guidance of $1.2 billion to $1.4 billion.19.0% gross margin, at the high end of 17% to 19% guidance range.Net income attributable to Canadian Solar of $12 million or $0.19 per diluted share.Record quarterly delivery by e-STORAGE, with revenue topping the total of 2023.Appointment of Mr. Xinbo Zhu as Senior Vice President and Chief Financial Officer, effective May 15, 2024. Most

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 China) or +1-646-307-1865 from international locations. The conference ID is 60603. A live webcast of the conference call will also be available on the investor relations section of Canadian

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 from Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13744234. A live webcast of the conference call will also be available on the investor relations s

GUELPH, ON, July 26, 2023 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ:CSIQ) today announced that it will hold a conference call on Tuesday, August 22, 2023, at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., August 22, 2023, in Hong Kong) to discuss the Company's second quarter 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 (toll-free from Hong Kong), 400-120-2840 (local dial-in from Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13740376.  A live webcast of the conference call will also be available on the investor relations

GUELPH, ON, May 18, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the first quarter ended March 31, 2023. Highlights 66% increase in solar module shipments year-over-year ("yoy") to 6.1 GW, in line with guidance of 5.9 GW to 6.2 GW.36% increase in revenue yoy to $1.7 billion, in line with guidance of $1.6 billion to $1.8 billion.18.7% gross margin, in line with guidance of 18% to 20%.Net income attributable to Canadian Solar of $84 million or $1.19 per diluted share.25 GWp of solar development pipeline and 47 GWh of battery storage development pipeline, as of March 31, 2023 (Recurrent Energy, formerly Global E

GUELPH, ON, April 24, 2023 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ:CSIQ) today announced that it will hold a conference call on Thursday, May 18, 2023, at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., May 18, 2023, in Hong Kong) to discuss the Company's first quarter 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 (toll-free from Hong Kong), 400-120-2840 (local dial-in from Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13738337. A live webcast of the conference call will also be available on the investor relations secti

GUELPH, ON, March 21, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights 68% increase in solar module shipments year-over-year ("yoy") to 6.4 GW, above guidance range of 6.0 GW to 6.3 GW.29% increase in revenue yoy to $1.97 billion, above guidance range of $1.8 billion to $1.9 billion.17.7% gross margin at the high end of guidance range of 16% to 18%.Net income attributable to Canadian Solar of $78 million or $1.11 per diluted share.  Full Year 2022 Highlights Record revenues of $7.47 billion, a 42% increase yoy.Record net inco

GUELPH, ON, Feb. 24, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) today preannounced selective preliminary unaudited results for the fourth quarter of 2022 and its preliminary business  outlook for the first quarter of 2023. For the fourth quarter of 2022, Canadian Solar expects total module shipments recognized as revenues by CSI Solar to be approximately 6.4 GW, exceeding the guidance range of 6.0 GW to 6.3 GW. Canadian Solar's total revenues are expected to be approximately $1.97 billion, exceeding the guidance range of $1.8 billion to $1.9 billion. Gross margin is expected to be approximately 17.7%, towards the upper end of the guidance range

GUELPH, ON, June 21, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ), today announced that it held its Annual Meeting of Shareholders on June 21, 2024. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: The election of Shawn (Xiaohua) Qu, Harry E. Ruda, Lauren C. Templeton, Andrew (Luen Cheung) Wong, Leslie Li Hsien Chang, Yan Zhuang, and Xinbo Zhu each as a director of the Company until the next annual meeting of shareholders of the Company or until their successors are elected or appointed;The re-appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the auditors of

GUELPH, ON, July 14, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) today announced Mr. Jianyi Zhang's retirement as the Company's Chief Legal Officer, Chief Compliance Officer and Corporate Secretary, effective immediately. During his seven years at Canadian Solar, Mr. Zhang championed business integrity and led our legal team to excellence in complex matters in Canadian Solar's markets. Mr. Zhang has been succeeded in his roles by Mr. Kah Locke Tham as Corporate Secretary, and Mr. Jeffrey Kalikow as Interim Chief Compliance Officer until a successor is appointed. Mr. Tham is currently also the Company's Global Corporate Controller, and Mr. Kaliko

GUELPH, ON, June 28, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ), today announced that it held its Annual Meeting of Shareholders on June 28, 2023. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: 1.  The election of Dr. Shawn (Xiaohua) Qu, Dr. Harry E. Ruda, Mr. Andrew (Luen Cheung) Wong, Mr. Lap Tat Arthur Wong, Ms. Lauren C. Templeton, Mr. Leslie Li Hsien Chang, Mr. Yan Zhuang and Dr. Huifeng Chang each as a director of the Company until the next annual meeting of shareholders of the Company or until their successors are elected or appointed; 2.  The re-appointment of Deloitte Tou

GUELPH, Ontario, June 22, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ), today announced that it held its Annual and Special Meeting of Shareholders on June 22, 2022. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: 1.      The election of Dr. Shawn (Xiaohua) Qu, Dr. Harry E. Ruda, Mr. Andrew (Luen Cheung) Wong, Mr. Lap Tat Arthur Wong, Ms. Lauren C. Templeton, Mr. Karl E. Olsoni, Mr. Leslie Li Hsien Chang, Mr. Yan Zhuang and Dr. Huifeng Chang each as a director of the Company until the next annual meeting of shareholders of the Company or until their successors are elected or appointe

TORONTO, May 17, 2022 /PRNewswire/ - Westbridge Energy Corporation (TSXV:WEB) (OTCQB:WEGYF) (FRA: PUQ3) ("Westbridge" or the "Company") is pleased to announce the appointment of Mr. Pandelis Vassilakakis to the role of Chief Business Development Officer to oversee the expansion of its solar PV portfolio. Westbridge currently has projects in Canada, the United States and the United Kingdom. Mr. Vassilakakis' track record in the renewable energy industry includes developing and building over 5 GW of solar PV and wind farms over the span of his 17-year career. Mr. Vassilakakis se

GUELPH, Ontario, June 23, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ), today announced that it held its Annual Meeting of Shareholders on June 23, 2021. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: The setting of the number of directors to hold office of the Company for the ensuing year at nine (9); The election of Dr. Shawn (Xiaohua) Qu, Dr. Harry E. Ruda, Mr. Andrew (Luen Cheung) Wong, Mr. Arthur (Lap Tat) Wong, Ms. Lauren C. Templeton, Mr. Karl E. Olsoni, Mr. Leslie (Li Hsien) Chang, Mr. Yan Zhuang and Dr. Huifeng Chang each as a director of the Company until the next annual

GUELPH, Ontario, June 23, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ), today announced that it held its Annual Meeting of Shareholders on June 23, 2021. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: The setting of the number of directors to hold office of the Company for the ensuing year at nine (9); The election of Dr. Shawn (Xiaohua) Qu, Dr. Harry E. Ruda, Mr. Andrew (Luen Cheung) Wong, Mr. Arthur (Lap Tat) Wong, Ms. Lauren C. Templeton, Mr. Karl E. Olsoni, Mr. Leslie (Li Hsien) Chang, Mr. Yan Zhuang and Dr. Huifeng Chang each as a director of the Company until the next annual

Citigroup downgraded Canadian Solar from Neutral to Sell and set a new price target of $11.00 from $19.00 previously

Oppenheimer reiterated coverage of Canadian Solar with a rating of Outperform and set a new price target of $27.00 from $43.00 previously

Daiwa Securities initiated coverage of Canadian Solar with a rating of Neutral and set a new price target of $21.00

Goldman upgraded Canadian Solar from Sell to Neutral and set a new price target of $25.00

JP Morgan downgraded Canadian Solar from Neutral to Underweight and set a new price target of $22.00 from $32.00 previously

UBS upgraded Canadian Solar from Neutral to Buy

Citigroup downgraded Canadian Solar from Buy to Neutral and set a new price target of $44.00 from $45.00 previously

Goldman downgraded Canadian Solar from Neutral to Sell and set a new price target of $38.00 from $43.00 previously

Citigroup reiterated coverage of Canadian Solar with a rating of Buy and set a new price target of $46.00 from $53.00 previously

Wells Fargo initiated coverage of Canadian Solar with a rating of Equal-Weight and set a new price target of $44.00