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Canadian Solar Inc (CSIQ.OQ)

CSIQ.OQ on NASDAQ Stock Exchange Global Select Market

18.75USD
22 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Canadian Solar Updates Guidance For 4Q 2018
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR ANNOUNCES DATE OF ITS Q4/FY 2018 EARNINGS CONFERENCE CALL, UPDATES ITS GUIDANCE FOR 4Q 2018, AND PROVIDES A PRELIMINARY ASSESSMENT OF POTENTIAL IMPACT OF PG&E'S BANKRUPTCY ON ITS PROJECT PIPELINE.CANADIAN SOLAR INC - NOW EXPECTS SHIPMENTS FOR Q4 OF 2018 TO BE IN RANGE OF 1.90 GW TO 1.95 GW VERSUS PREVIOUS GUIDANCE OF 1.67 GW TO 1.72 GW.CANADIAN SOLAR INC - EXPECTS NET REVENUE FOR Q4 OF 2018 TO BE IN RANGE OF $850 MILLION TO $900 MILLION VERSUS PREVIOUS GUIDANCE OF $690 MILLION TO $800 MILLION.CANADIAN SOLAR INC - HAVE POTENTIAL EXPOSURE WITH RESPECT TO 60 MWAC OF POWER PURCHASE AGREEMENTS WITH PG&E FOR A PORTION OF GASKELL WEST 2 PROJECT.CANADIAN SOLAR INC - HAS POTENTIAL EXPOSURE WITH RESPECT TO INTERCONNECTION AGREEMENTS WITH PG&E.  Full Article

Canadian Solar Delivered 2.6 GW Of High Efficiency Anti-Letid Perc Solar Modules Worldwide
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR DELIVERED 2.6 GW OF HIGH EFFICIENCY ANTI-LETID PERC SOLAR MODULES WORLDWIDE.CANADIAN SOLAR INC SAYS "GOING INTO 2019, WE WILL SOON CONVERT ALL OF OUR CELL CAPACITIES INTO PERC TECHNOLOGY".  Full Article

Canadian Solar Closes $69.0 Mln Financing With Bancomext And Banco Sabadell
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR CLOSES US$69.0 MILLION FINANCING WITH BANCOMEXT AND BANCO SABADELL FOR SOLAR PROJECT IN MEXICO.CANADIAN SOLAR - ACHIEVED FINANCIAL CLOSE ON $69.0 MILLION NON-RECOURSE PROJECT FINANCING FOR 67.8 MWP AGUASCALIENTES SOLAR POWER PROJECT IN MEXICO.CANADIAN SOLAR - FINANCING PACKAGE CONSISTS OF A US$53.2 MILLION LONG-TERM LOAN, A US$5.6 MILLION LETTER OF CREDIT FACILITY, AND A US$10.2 MILLION VAT LOAN.CANADIAN SOLAR - PROCEEDS FROM LONG-TERM LOAN WILL BE USED TO REPAY A US$45 MILLION CONSTRUCTION LOAN THAT WAS PREVIOUSLY PROVIDED BY NATIXIS.  Full Article

Morgan Stanley Reports 5 Pct Passive Stake In Canadian Solar As Of Nov 21-SEC Filing
Friday, 30 Nov 2018 

Nov 29 (Reuters) - Canadian Solar Inc ::MORGAN STANLEY REPORTS 5.0 PERCENT PASSIVE STAKE IN CANADIAN SOLAR INC AS OF NOVEMBER 21 - SEC FILING.  Full Article

Canadian Solar Expands Credit Facility With Sumitomo Mitsui Banking Corporation To JPY 10.7 Bln
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR EXPANDS CREDIT FACILITY WITH SUMITOMO MITSUI BANKING CORPORATION TO JPY 10.7 BILLION.CANADIAN SOLAR INC - UNIT RENEWED AND EXTENDED ITS CREDIT FACILITY TO JPY 10.7 BILLION.CANADIAN SOLAR INC - NEW SUMITOMO MITSUI BANKING CORPORATION CREDIT FACILITY EXTENDS 2019 DEBT MATURITY TO 2022.CANADIAN SOLAR INC - PROCEEDS FROM LONG-TERM DEBT WILL FURTHER ENHANCE CO'S FLEXIBILITY TO DEVELOP SOLAR PIPELINE IN JAPAN.  Full Article

Canadian Solar Says Completed Sale Of Three Additional Solar Power Plants For $103.1 Million
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - CANADIAN SOLAR INC :CANADIAN SOLAR INC - COMPLETED SALE OF THREE ADDITIONAL SOLAR POWER PLANTS TOTALING 30.4 MWP FOR $103.1 MILLION TO CANADIAN SOLAR INFRASTRUCTURE FUND.  Full Article

Lion Point Capital Reports About 12.3 Pct Stake in Canadian Solar
Thursday, 30 Aug 2018 

Aug 29 (Reuters) - Lion Point Capital:LION POINT CAPITAL SAYS HAS ECONOMIC EXPOSURE TO ABOUT 12.3 PERCENT OF CANADIAN SOLAR'S OUTSTANDING SHARES, TAKING CERTAIN SWAP AGREEMENTS INTO ACCOUNT.  Full Article

Canadian Solar Reports Q1 Earnings Per Share $0.72
Wednesday, 16 May 2018 

May 16 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.72.SEES Q2 2018 REVENUE $690 MILLION TO $730 MILLION.Q1 REVENUE $1.42 BILLION VERSUS I/B/E/S VIEW $1.33 BILLION.Q1 EARNINGS PER SHARE VIEW $0.47 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL SOLAR MODULE SHIPMENTS WERE 1,374 MW, COMPARED TO 1,831 MW IN Q4 OF 2017.INVENTORIES AT END OF Q1 OF 2018 WERE $414.1 MILLION, COMPARED TO $346.1 MILLION AT END OF Q4 OF 2017.FOR Q2 OF 2018, COMPANY EXPECTS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF APPROXIMATELY 1.50 GW TO 1.60 GW.CANADIAN SOLAR - UTILITY-SCALE SOLAR POWER PLANTS IN OPERATION PORTFOLIO AT APRIL 30 WAS ABOUT 948 MWP, ESTIMATED TOTAL RESALE VALUE OF ABOUT $1.1 BILLION.SAYS GROSS MARGIN FOR Q2 IS EXPECTED TO BE BETWEEN 20.0% AND 22.0%..UNDER BUSINESS OUTLOOK, EXPECT SHIFT IN GLOBAL DEMAND TO DEVELOPING MARKETS TO OFFSET CHINA, INDIA AND U.S..CANADIAN SOLAR SAYS WORKING TO SECURE APPROVAL FOR SALE OF 3 U.S. SOLAR POWER PLANTS TOTALING 399 MWP.UNDER BUSINESS OUTLOOK, ALSO EXPECT DEMAND IN OTHER MARKETS TO IMPROVE, INCLUDING EUROPE, AFRICA, ARGENTINA AND MEXICO.  Full Article

Recurrent Energy Secures Financing And Tax Equity Investment For North Carolina Project
Tuesday, 15 May 2018 

May 15 (Reuters) - Canadian Solar Inc ::RECURRENT ENERGY SECURES FINANCING AND TAX EQUITY INVESTMENT FOR NORTH CAROLINA PROJECT FROM PRUDENTIAL CAPITAL GROUP AND U.S. BANK.RECURRENT ENERGY - PRUDENTIAL CAPITAL GROUP WILL PROVIDE A $106.7 MILLION DEBT FACILITY FOR PROJECT.  Full Article

Canadian Solar Sees FY17 Revenue $3.33 Bln-$3.37 Bln
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR UPDATES 4Q/FY17 GUIDANCE TO REFLECT TIMING OF CERTAIN SOLAR PROJECT SALES.SEES FY 2017 REVENUE $3.33 BILLION TO $3.37 BILLION.SEES Q4 2017 REVENUE $1.04 BILLION TO $1.08 BILLION.FOR FULL YEAR 2017, CANADIAN SOLAR NOW EXPECTS ITS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF APPROXIMATELY 6.8 GW TO 6.9 GW.GROSS MARGIN FOR Q4 2017 NOW EXPECTED TO BE IN RANGE OF 16.5% TO 18.5%, VERSUS 10.5% TO 12.5% PREVIOUSLY GUIDED.CANADIAN SOLAR - SEES SOLAR MODULE SHIPMENT GUIDANCE FOR Q4 OF 2017 TO BE IN RANGE OF ABOUT 1,720 MW TO 1,820 MW.UPDATED GUIDANCE FOR Q4, FY 2017 IN PART TO REFLECT TIMING OF CERTAIN UTILITY-SCALE SOLAR PROJECT SALES.  Full Article

MEDIA-Macquarie looks to buy Canadian Solar’s India business - Mint

- Note: Reuters has not verified this story and does not vouch for its accuracy