Monthly Archives: November 2020

CANADIAN SOLAR to REPORT THIRD QUARTER 2020 RESULTS

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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

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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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