For Q3, Canadian Solar sees shipments of 390-420 MW, with gross margins of just 2%-5%.
FORBES: Canadian Solar Slides On Q2 Miss, Disappointing Guidance
Yukon Kaname, head of the Japan branch of Ontario-based solar-panel maker Canadian Solar Inc.
Four Chinese firms warned against escalating trade tensions on Thursday - Yingli, Suntech, Trina and Canadian Solar.
Canadian Solar expects to lift production capacity to 250 megawatts in 2008, up from 100 megawatts currently.
The projects will be developed and constructed by Canadian Solar Solutions, and TransCanada will purchase the projects after their completion.
FORBES: Solar Investments: Google, KKR Invest in Project; TransCanada to Buy 9 Ontario Sites
Canadian Solar shares are trading sharply higher after hours Tuesday after the company raised its guidance for the fourth quarter.
FORBES: Canadian Solar Boosts Q4 Shipment Guidance; Shares Rally
Canadian Solar this morning reported disappointing results for the third quarter, and reduced its shipment guidance for the full year.
FORBES: Canadian Solar Q3 Misses; Cuts Full Year Shipment Guidance
Canadian Solar said it wold 412 MW of solar modules, up from 343 MW in Q1 and 287 MW a year ago.
FORBES: Canadian Solar Slides On Q2 Miss, Disappointing Guidance
Canadian Solar this morning reported mixed results for the second quarter.
Canadian Solar (CSIQ) is a Chinese solar company (hmmmm) which typically sees some nice momentum when the group as a whole is hot.
Canadian Solar shares are trading sharply lower Wednesday morning on disappointing Q2 financial results and weak margin guidance for the third quarter.
FORBES: Canadian Solar Slides On Q2 Miss, Disappointing Guidance
Many of its peers followed suit as well, as Canadian Solar rose 15.1%, Suntech Power Holdings gained 15.6%, and First Solar jumped 13.9%.
Under the agreement, Canadian Solar will provider TransCanada with 9 fully operational utility scale solar projects in Ontario that are expected to come into service between late 2012 and mid-2013.
FORBES: Canadian Solar Selling Projects to TransCanada; Shrs Soar
In response, Piper today reduced ratings on Canadian Solar (CSIQ), JA Solar (JASO), SunPower (SPWRA), Yingli Green Energy (YGE), Trina Solar (TSL) and Suntech (STP).
Some of that production is for North American companies like Canadian Solar, but among the fastest growing solar outfits are Chinese companies like Yingli Green Energy Holding and JA Solar Holdings.
That leap of reason gave solar stocks an even greater bounce than their oil counterparts as companies like SunPower, First Solar, Evergreen Solar, Trina Solar, and Canadian Solar, gained 6.1%, 4.0%, 7.8%, 7.1%, and 17.2%, respectively.
Lazard Capital this morning cut ratings on Canadian Solar (CSIQ), China Sunergy (CSUN), JA Solar (JASO) and LDK Solar (LDK), all to Hold from Buy, asserting that industry pricing will likely fall faster than expected given expected policy changes in Italy and regulatory dynamics in Germany.
FORBES: Solar Shares Slide; Fresh Worries On European Subsidy Cuts
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