canadian-solar

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Funding and M&A Roundup: Canadian Solar to Raise $200 Million

From: Mercom Capital Group Canadian Solar, a solar module manufacturer, has signed a definitive agreement with investment firm PAG. Under this agreement, PAG will...

August 21, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Leading Solar EPC Companies in 2023

Oriano, Waaree Renewable Technologies, Prozeal Green Energy, Tata Power Solar, and Gensol Engineering emerged as the top utility-scale solar engineering, procurement,...

May 13, 2024

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Mercom Staff

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Daily Wrap-up
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Canadian Solar’s Q1 Profits Dip 85% on Lower Module Demand and Prices

Solar module manufacturer Canadian Solar posted a net income of $12.35 million in the first quarter (Q1) of 2024, an 85.25% year-over-year (YoY) drop from $83.71 million...

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Maxeon Files Patent Infringement Claims Against Three Solar Module Makers

Maxeon Solar Technologies, a Singapore-based solar solutions provider, has filed infringement claims against Canadian Solar, REC Solar, and Hanwha for violating three...

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Daily News Wrap-Up: Delhi Targets 4.5 GW Solar Capacity by 2027 with New Policy

The Delhi government has announced plans to install 4,500 MW of solar capacity, including 750 MW of rooftop solar within the state and around 3,750 MW of utility-scale...

March 18, 2024

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Mercom Staff

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Daily Wrap-up
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Canadian Solar Posts Record Year Even as Q4 Profits Plunge

Solar module maker Canadian Solar reported record 2023 numbers with an 89% surge in net income for the full year (FY), but profits in the fourth quarter (Q4) fell...

March 15, 2024

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Arshreet Singh

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Finance and M&A
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Canadian Solar’s Net Income Drops 71% As Module Prices Decline

Solar module maker Canadian Solar‘s net income in the third quarter (Q3) of 2023 was recorded at $22 million, a year-over-year (YoY) decrease of 71% from $78 million....

November 15, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daily News Wrap-Up: Solar Accounts for 16% of Total Installed Power Capacity in Q3

Solar power accounted for 16.44% of the total installed power capacity and 39.4% of the total installed renewable capacity in Q3 of 2023, marginally up from 15.9% and 38....

November 13, 2023

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Mercom Staff

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Daily Wrap-up
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Canadian Solar to Set Up 5 GW Solar Wafer Production Facility in Thailand

Solar module manufacturer Canadian Solar announced it is setting up a 5 GW solar photovoltaic wafer production facility in Thailand. Headquartered in Ontario, Canada,...

November 10, 2023

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Staff

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Manufacturing

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Solar
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Canadian Solar to Set Up 5 GW Cell Production Facility in the US

Solar module manufacturer Canadian Solar has announced it is setting up a 5 GW solar photovoltaic cell production facility in Jeffersonville, Indiana in the United...

October 30, 2023

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Staff

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Manufacturing

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Solar
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Daily News Wrap-Up: India’s Solar Installations Down 58% YoY in Q2 2023

India installed 1.7 GW of solar capacity during the second quarter (Q2) of 2023, a 58% decline year-over-year (YoY), according to Mercom India Research’s Q2 2023...

August 24, 2023

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Mercom Staff

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Daily Wrap-up
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Canadian Solar’s Net Income Surges 130% YoY With Higher Module Shipments

Solar module maker Canadian Solar‘s net income surged 130% year-over-year (YoY) to $170 million for the second quarter (Q2) of the financial year (FY) 2023, driven...

August 23, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Canadian Solar to Establish 5 GW Module Production Facility in Texas

Canadian Solar, a solar module manufacturer headquartered in Canada, has announced the establishment of a 5 GW solar photovoltaic module manufacturing facility in...

June 16, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Funding and M&A Roundup: FuturaSun Acquires Perovskite Solar Cells Startup Solertix

From: Mercom Capital Group FuturaSun, solar, roof-grid panels, and solar lighting machines manufacturer, acquired Solertix, a perovskite solar cell start-up in Italy....

June 7, 2023

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: India’s Rooftop Solar Capacity Grew 6.4% YoY in Q1

In the first quarter (Q1) 2023, 485 MW of rooftop solar capacity was added, up 0.4% compared to 483 MW in Q4 2022. In a year-over-year (YoY) comparison, installations...

June 2, 2023

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Mercom Staff

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Daily Wrap-up

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