Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs Updated On Tue, Dec 6th, 2022 by Saurenergy Canadian Solar Inc. has announced that its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”) signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa, which are based on private power purchase agreements (PPAs). […] Read more
Canadian Solar Concall Highlights Global Concerns for Large Solar Manufacturers Updated On Mon, Nov 22nd, 2021 by Saurenergy 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 $1.23 billion, the […] Read more
Canadian Solar Completes the Sale of 290 MWp Greenfield Solar Portfolio in Italy Updated On Wed, Dec 23rd, 2020 by Saurenergy Canadian Solar has announced the sale of the remaining 30 percent ownership of the Big Fish SPV and Iron SPV solar projects to Falck Renewables. Both projects are located in Sicily, Italy, and have a total expected capacity of more than 290 MWp. The Company expects to recognize revenues from the sale in the fourth […] Read more
Canadian Solar to Provide 75 MW Storage System to the Mustang Solar Project in California Updated On Tue, Oct 20th, 2020 by Saurenergy Canadian Solar has announced that it has closed a supply contract and long term service agreement with Goldman Sachs Renewable Power LLC, part of the Renewable Power Group of Goldman Sachs Asset Management (“Goldman Sachs”), to deliver and integrate a 75 MW / 300 MWh lithium-ion battery storage solution into the 100 MWac Mustang solar […] Read more
Canadian Solar Posts Impressive First Quarter Results Updated On Fri, May 29th, 2020 by Saurenergy Ontario, Canada headquartered Canadian Solar has delivered an impressive set of numbers or the Jan-March quarter in 2020. The firm, which has a presence in manufacturing with 10 GW of Module and 9 GW of Cell manufacturing capacity, besides solar projects, announced results yesterday. Whole YOY comparisons looked impressive, the firms numbers do indicate a […] Read more
Canadian Solar Wins 94 MWp Subsidy-Free Electricity Contracts Updated On Sat, Feb 16th, 2019 by Saurenergy Post commissioning, these plants are expected to fulfill 55% of electricity needs of Alberta provincial government. Solar PV modules maker Canadian Solar has won three contracts with Alberta’s Ministry of Infrastructure, for a total of 94 MWp solar power system in Southeast Alberta, with an average contracted PPA price of C$ 48.05 per MWh. Moreover, in 2019, […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy 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 […] Read more
Canadian Solar Commissions 35 MWp Open Access Solar Project in Karnataka Updated On Wed, May 16th, 2018 by Saurenergy 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 […] Read more
Canadian Solar Expands Footprint to S. Korea; Gets Exclusive Rights for PV Proj in Gangwon Updated On Tue, May 15th, 2018 by Saurenergy The construction of the project is expected to kick off in early next year. Publicly traded solar PV modules maker Canadian Solar has expanded its footprints to South Korea by acquiring exclusive rights to develop an 8 MWp solar photovoltaic (PV) project in Gangwon Province. Further, this is the company’s first solar power project in […] Read more
