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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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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JA SOLAR, JINKO AND LONGI TO EXPECT PRODUCTION CAPACITY OF 182MM MODULES TO REACH 54GW IN 2021 On November 12, a customer value focused conference entitled “Advanced PV Technology for Better LCOE – 182mm Module and System Technology”, co-sponsored by JA Solar, Jinko Solar and LONGi Green Energy, was held in Shanghai. During the conference, solar inverter and tracker manufacturers, power
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CVE, the French independent producer of renewable energy, has finalised the acquisition of two ground-mounted photovoltaic plants with a total power of 47 MWp from Solarcentury, the London-based international solar developer. These are significant acquisitions for the CVE Group, which has demonstrated its dedicated M&A team’s expertise. With this transaction, the Group adds two new projects to be built on
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JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, recently announced that they provided nearly 1 MW of high-efficiency modules for the first distributed soft-rooftop project of Schneider Group, one of the companies of Fortune 500 list in China. This innovative project covers a total area
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