Canadian Solar’s Revenue Up 62% YoY, Driven by Higher Module and Battery Storage Shipments

Canadian Solar’s Revenue Up 62% YoY, Driven by Higher Module and Battery Storage Shipments

Solar photovoltaic module manufacturer Canadian Solar posted revenue of $2.31 billion for the second quarter (Q2) of the calendar year 2022, up by 61.54% year-over-year (YoY) from $1.43 billion in ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: JBIC Loans PFC $220 Million for Renewable Energy Projects

Daily News Wrap-Up: JBIC Loans PFC $220 Million for Renewable Energy Projects

Here are some noteworthy cleantech announcements of the day from around the world: Power Finance Corporation (PFC) signed a loan agreement for ¥30 billion (~$220.83 million) with Japan Bank for ...
India’s Largest Building-Integrated Rooftop Solar System Commissioned

India’s Largest Building-Integrated Rooftop Solar System Commissioned

Ornate Solar, a distributor of solar panels and inverters, has announced the commissioning of India’s largest building-integrated rooftop solar system in Bhagru, Rajasthan. The project was executed for Canada-based natural ...
/ / Rooftop, Solar
Daily News Wrap-Up: Cleantech Solar Commissions 2.6 MW Rooftop Solar Project for Exide

Daily News Wrap-Up: Cleantech Solar Commissions 2.6 MW Rooftop Solar Project for Exide

Here are some noteworthy cleantech announcements of the day from around the world: Cleantech Solar commissioned a 2.6 MW rooftop solar photovoltaic project at the manufacturing facility of Exide Industries' ...
Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Canada-based solar photovoltaic module manufacturer Canadian Solar recorded revenue of $1.25 billion in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of 15% from $1.1 billion last year ...
Daily News Wrap-Up: Inox Wind Subsidiary to Raise ₹9 Billion Through an IPO

Daily News Wrap-Up: Inox Wind Subsidiary to Raise ₹9 Billion Through an IPO

Here are some noteworthy cleantech announcements of the day from around the world: Inox Wind announced that its board has approved the proposal for the initial public offering (IPO) of ...
Daily News Wrap-Up: Microsoft to Purchase Power from ATCO Group’s 37 MW Solar Project

Daily News Wrap-Up: Microsoft to Purchase Power from ATCO Group’s 37 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: ATCO Group, through its investment in Canadian Utilities Limited, entered into a 15-year power purchase agreement with ...
/ / Other, Renewable Energy
Project Finance Brief: Canadian Solar to Sell 105 MW Solar Plus 80 MWh Storage Project

Project Finance Brief: Canadian Solar to Sell 105 MW Solar Plus 80 MWh Storage Project

From: Mercom Capital Group Canadian Solar, through its wholly-owned subsidiary Recurrent Energy and Matrix Renewables, the TPG Rise-backed global renewable energy platform, announced an agreement whereby Matrix Renewables will acquire the Gaskell ...
/ / Finance and M&A, Solar
Canadian Solar Ships 14.5 GW of Modules and 9 GWh of Battery Storage Systems in 2021

Canadian Solar Ships 14.5 GW of Modules and 9 GWh of Battery Storage Systems in 2021

Canadian Solar, a Canada-based solar module manufacturer, recorded net revenue of $1.53 billion in the fourth quarter (Q4) of 2021, a 47% year-over-year (YoY) increase, and a 24% quarter-over-quarter (QoQ) ...
/ / Finance and M&A, Solar
Project Finance Brief: VTRM Acquires 635 MW Jaiba V Solar Project in Brazil

Project Finance Brief: VTRM Acquires 635 MW Jaiba V Solar Project in Brazil

From: Mercom Capital Group Canadian Solar, a manufacturer of solar PV modules, provider of solar energy and battery storage solutions, and VTRM, a renewable energy company in Brazil, announced the sale of ...
/ / Finance and M&A, Solar
Canadian Solar’s Module Shipments Up 22% YoY in Q3 2021

Canadian Solar’s Module Shipments Up 22% YoY in Q3 2021

Canada-based module manufacturer Canadian Solar reported net revenue of $1.229 billion in the third quarter (Q3) of  2021, a 34% year-over-year (YoY) increase over $914.36 million in Q3 2020. The company said ...
/ / Finance and M&A, Solar
Canadian Solar's Net Revenue Increased 105% to $1.43 Billion in Q2 2021

Canadian Solar’s Net Revenue Increased 105% to $1.43 Billion in Q2 2021

Canada-based module manufacturer Canadian Solar released its financial results for the second quarter (Q2) of 2021 and reported a 105% year-over-year (YoY) increase in its net revenue to $1.43 billion from $695.84 ...
/ / Finance and M&A, Solar
Daily News Wrap-Up Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Daily News Wrap-Up: Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Here are some noteworthy cleantech announcements of the day from around the world: Canadian Solar has signed a long-term power purchase agreement (PPA) with Axpo Italia to procure power produced from ...
Canadian Solar Reports 42% YoY Rise in Module Shipments

Canadian Solar Reports 42% YoY Rise in Module Shipments

Canada-based solar module manufacturer Canadian Solar released its financial results for the first quarter (Q1) of 2021. The company's net revenue in Q1 2021 grew by 32% year-over-year (YoY) and ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: BP to Build Britain's Largest Hydrogen Plant

Daily News Wrap-Up: BP to Build Britain’s Largest Hydrogen Plant

Energy group BP aims to build Britain's largest hydrogen plant by 2030 as part of its push to boost the use of fuel and cut greenhouse gas emissions. The Teesside ...
/ / Other, Renewable Energy
Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020

Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020

Canadian Solar, a Canada-based solar module manufacturer, reported an 8.6% increase in net revenue with $3.47 billion in 2020 compared to $3.20 billion in 2019 owing to a 32% annual ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Hindustan Petroleum to Set Up EV Charging Stations at Retail Outlets

Daily News Wrap-Up: Hindustan Petroleum to Set Up EV Charging Stations at Retail Outlets

Here are some significant cleantech announcements of the day from around the world: Shuchi Anant Virya, a joint venture between Lithium Urban Technologies and Fourth Partner Energy, in partnership with ...
/ / Other, Renewable Energy
Project Finance Brief_ Lightsource bp Acquires 100 MW Solar Portfolio in Spain

Project Finance Brief: Lightsource bp Acquires 100 MW Solar Portfolio in Spain

From: Mercom Capital Group Innova Energy, a private equity-backed renewable energy generator, has secured £30 million (~$38.17 million) of debt funding from NatWest to finance a mixed portfolio of UK ...
/ / Other, Renewable Energy
Weekly News Wrap-Up_ Canadian Solar Soon on Chinese Capital Markets, Freyr Energy Launches App

Weekly News Wrap-Up: Canadian Solar Soon on Chinese Capital Markets, Freyr Energy Launches App

Canadian Solar Inc. announced that it has decided to list its business on Chinese Capital Markets. According to its press statement, the company said it would pursue a listing of its ...
/ / Other, Renewable Energy
NREL Scientists Achieve Six-Junction Solar Cell Efficiency of Over 47%

NREL Scientists Achieve Six-Junction Solar Cell Efficiency of Over 47%

The scientists at the National Renewable Energy Laboratory (NREL) have developed a solar cell that has an efficiency exceeding 47%. The latest offering, which is a six-junction solar cell, now ...
/ / Solar, Technology
Researchers Make High-Efficiency Organic Photovoltaic Small Cells on a Glass Substrate

Researchers Make High-Efficiency Organic Photovoltaic Small Cells on a Glass Substrate

In a significant development, Toyobo Corporation Limited, along with the French government research institute, CEA, has come up with trial organic photovoltaics (OPV) small cells on a glass substrate along ...
/ / Solar, Technology
Canadian Solar Says it Has Achieved a Record Solar Cell Efficiency of 23.81%

Canadian Solar Says it Has Achieved a Record Solar Cell Efficiency of 23.81%

Canadian Solar, a global solar module supplier, and project developer, has announced that its team of researchers has set a world record of 23.81% conversion efficiency using the n-type large ...
/ / Solar, Technology
Znshine Solar Was the Top Module Supplier to India in 2018

Znshine Solar Was the Top Module Supplier to India in 2018

Znshine Solar, a Chinese PV module manufacturer, emerged as the top module supplier to the Indian solar market in the calendar year (CY) 2018, having supplied more than a gigawatt ...
Global Module Suppliers Trina and Canadian Solar Announce World Record Efficiencies

Global Module Suppliers Trina and Canadian Solar Announce World Record Efficiencies

Global PV company Trina Solar has announced that its state key laboratory of PV science and technology in China has set a new world record of achieving high efficiency of  24.58% ...
Canadian Solar Secures $50 Million Term Loan from Credit Suisse

Canadian Solar Secures $50 Million Term Loan from Credit Suisse

Canadian Solar has secured a $50 million term loan from Credit Suisse. Canadian Solar intends to deploy the term loan to support the development of international solar project pipeline and for ...