Canadian Solar Inc with a great 2007 start

China's Canadian Solar Inc. (CSIQ - Nasdaq) signed an agreement to distribute its solar modules in Spain and forecast about $40 million to $50 million from the deal in 2007.

The company said it started delivering crystalline photovoltaic panels under the agreement with Amur Energy division of HITEA-AMUR engineering and construction group.

For the first session of trading in 2007, CSIQ is now up 4%, with the 4th consecutive day going up, probably reversing the negative trend that we saw last month:



More updates later!

Labels: CSIQ

posted by IntoBlogs at 9:39 AM