Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase Updated On Tue, Aug 17th, 2021 by Saurenergy Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […] Read more
Recurrent Energy Signs Agreement For 600 MWh Energy Storage Project Updated On Wed, Aug 11th, 2021 by Saurenergy A wholly-owned subsidiary of Canadian Solar Inc., Recurrent Energy today announced signing a 15-year Resource Adequacy agreement with Pacific Gas & Electric (PG&E) to provide 150 MW / 600 MWh of energy storage in phase 2 of the Crimson project. According to the firm, the 350 MW / 1,400 MWh Crimson project will be one […] Read more
Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline Updated On Wed, Jun 23rd, 2021 by Saurenergy Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […] Read more
Canadian Solar Commissioned its First 6 MWp Solar PV Project in Africa Updated On Thu, Mar 15th, 2018 by Saurenergy The project reached commercial operation on November 27, 2017. Powered by 18,480 Canadian Solar’s CS6U modules, the plant is expected to generate approximately 14.6 GWh of clean, reliable solar electricity each year. Canadian Solar, solar power company has successfully completed construction and started commercial operation of a 6 MWp solar photovoltaic (PV) power project in […] Read more
Canadian Solar Sells 142MWp Solar Assets to UK’s Greencoat Updated On Fri, Feb 23rd, 2018 by Saurenergy The 24 solar power plants will generate approximately 142,000 MWh of clean energy annually, sufficient for approximately 46,000 UK households and will reduce CO2 emissions by 56,800 tons per year. Canadian Solar has announced that it has completed the sale of a 142MWp solar portfolio to UK renewable energy investor Greencoat Capital LLP The solar […] Read more
Canadian Solar Cuts Q4 Revenue Guidance Due to Delayed Project Sale Updated On Mon, Jan 15th, 2018 by Saurenergy Canadian Solar noted that in September and October 2017, it had entered into definitive agreements with two buyers to sell a portfolio of six solar power projects in California, totaling 703 MWp. Canadian Solar Inc has lowered revenue projections for the fourth quarter and full year 2017 due to a delay in completing the sale […] Read more
