Tuesday, June 05, 2007

CSIQ - Canadian Solar Inc.

Latest news:

Construction on Canadian Solar's new solar module project to begin

Shanghai. June 5. INTERFAX-CHINA - Canadian Solar Inc. will begin construction of a new solar module manufacturing line with an annual capacity of 250 megawatts at its Changshu plant in Jiangsu Province in mid-June, an official from the company said today.


CSIQ is down 2% and is still the under performer in the solar industry sector, when compared to other stocks like STP, TSL and FLSR.

Other recent news from CSIQ:

Canadian Solar and city Solar AG partner on large-scale solar farm projects in Germany and Spain Co has commenced delivery of solar modules to City Solar AG, Germany for a series of large-scale, ground-mounted solar farm projects. The deliveries are part of an annual project sales contract CSI signed with City Solar in January, 2007 to supply approx 31 M.W of solar modules to 7 specific projects in Germany and Spain. About half of the projects are expected to be completed before Dec 31, 2007. The contract is worth approx 80 to 90 mln Euro. The co expects to deliver 4.2 M.W solar modules by July 2007 for the first project in Germany. Deliveries for the other projects are expected to start in June and July, 2007.

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