Monthly Archives: November 2020

CANADIAN SOLAR to REPORT THIRD QUARTER 2020 RESULTS

Canadian Solar Inc. announced financial results for the quarter ended September 30, 2020. Highlights Solar module shipments of 3.2 GW, exceeding guidance of 2.9 GW to 3.1 GW. 31% sequential growth in revenue to $914 million, above guidance of $840 million to $890 million. Gross margin of 19.5%, well above guidance of 14% to 16%. Net income attributable to Canadian Solar of $8.8 million, or $0.15 per diluted share, after

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Trina Solar to Purchase 1.2 Billion units of 210mm Monocrystal Silicon Wafers in Cooperation with Zhonghuan

Changzhou Trina Solar Energy Co., Ltd. (hereinafter Trina Solar) and Tianjin Zhonghuan Semiconductor Co., Ltd., (hereinafter Zhonghuan) signed a framework contract. Under the contract, Trina Solar intends to purchase 210mm monocrystal silicon wafers from Tianjin Huanou International Silicon Material Co., Ltd., a subsidiary of Zhonghuan. During the proposed procurement period between January 2021 and December 2021, the estimated total contract

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