Canadian Solar revenue down but profits up in Q3 results
The Chinese-Canadian solar manufacturer shipped 1.59 GW of panels in the latest quarter. Despite a 15.8% turnover decline, operating result and net profit both grew significantly. Capacity expansion plans for 2019 are now said to be under review.
Canadian Solar unveils new 400+ Watt bifacial poly PERC black silicon module
The Chinese-Canadian module manufacturer says its P4-based BiHiKu panel, for large commercial and utility-scale solar projects, is able to provide up to 30 per cent additional output from the rear side.
Privatization plans for Canadian Solar progress
Canadian Solar Inc. says it has entered into agreements with Dr. Shawn Qu and several unidentified potential equity partners regarding the plans to take the manufacturer private. It has also sold 30 MW worth of PV plants to its infrastructure fund in Japan.
Lion Point Capital offers $250m to support Canadian Solar’s go-private bid
Shares of Canadian Solar soared earlier this week after U.S. investment firm Lion Point Capital revealed that it had initiated discussions with a number of undisclosed third parties about the possibility of funding the privatization of the solar PV module supplier.
Canadian Solar, ET Energy to build 132 MW of solar in South Africa
Canadian Solar Inc. and ET Energy will deliver EPC services to two large-scale solar PV projects totaling 132 MWp for South Africa’s BioTherm Energy.
Increased shipments, falling revenues for Canadian Solar in Q2
Module manufacturing giant Canadian Solar shipped 1.7 GW of modules in the second quarter of 2018, a 23.7% increase on the previous quarter, according to the company’s latest update. Net revenue, however, fell more than 50% quarter-on-quarter with the company blaming fewer project sales and lower module prices.
Canadian Solar secures funds for 68 MW Mexican project
The $45 million loan was granted by French financial services provider, Natixis. The solar facility, selected by the Mexican governmemt in the first energy auction of 2016, will be located in the state of Aguascalientes.
Module price declines in Australia could result in $60/MWh utility-scale solar
Falling module prices could very well dramatically enhance the competitiveness of large-scale solar in Australia – pushing the price at which PV can be produced below the wholesale curve. Rystad Energy believes that with a 20-30% module price decline, as has been forecast, $60MWh utility scale solar could become the new reality.
Top 10 crystalline PV module manufacturer ranking
With production and capacity figures provided by industry analyst IHS Markit, pv magazine provides a rundown of the top 10 crystalline silicon module manufacturers based on 2017 production data, followed by a look at the market forces and technology trends that have shaped the supply landscape.
Suntech announces panel supply deal for Australia projects
Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.
