Shawn Qu

Canadian Solar Concall Highlights Global Concerns for Large Solar Manufacturers

Canadian Solar Inc.’s CEO, Shawn Qu speaking at an analyst concall after its Q3 numbers expressed confidence in the growth of solar market as a result of ‘real action, globally in the sector’. The firm saw its manufacturing division recover well after Q2, even as its projects division lagged. On revenues of $1.23 billion, the […]

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Canadian Solar Posts Impressive First Quarter Results

Ontario, Canada headquartered Canadian Solar has delivered an impressive set of numbers or the Jan-March quarter in 2020. The firm, which has a presence in manufacturing with 10 GW of Module and 9 GW of Cell manufacturing capacity, besides solar projects, announced results yesterday.  Whole YOY comparisons looked impressive, the firms numbers do indicate  a […]

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Canadian Solar Wins 94 MWp Subsidy-Free Electricity Contracts

Post commissioning, these plants are expected to fulfill 55% of electricity needs of Alberta provincial government. Solar PV modules maker Canadian Solar has won three contracts with Alberta’s Ministry of Infrastructure, for a total of 94 MWp solar power system in Southeast Alberta, with an average contracted PPA price of C$ 48.05 per MWh. Moreover, in 2019, […]

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Canadian Solar and PKA Complete a Large Scale Solar Transaction in California

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […]

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Canadian Solar Commissions 35 MWp Open Access Solar Project in Karnataka

This project is expected to generate approximately 54,000 MWh of clean solar power every year. Publicly traded solar PV modules maker Canadian Solar said its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India has reached commercial operation in March 2018. Further, the company’s 35 MWp solar project is located in Bagalkot district […]

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Canadian Solar Sells Brazil’s Guimarania Project to Global Power Generation

The project, located in the state of Minas Gerais in Brazil, is under construction and expected to reach commercial operation in the fourth quarter of 2018. Solar PV modules maker Canadian Solar has sold its interest in the 80.6 MWp Guimarania solar energy project in Brazil to Spanish firm Gas Natural Fenosa’s arm Global Power Generation. The project, […]

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