Canadian Solar Inc. has received a “going private” proposal from chairman, president and CEO, Dr. Shawn Qu, under which he offers US$18.47 per common share. The move follows that of Trina and JA Solar.
Canadian Solar Inc. has won a contract for 17.87 MWp in Japan’s first auction for large-scale solar projects. A total of 141.3 MW was awarded last month.
Reports from the Suniva’s bankruptcy filings indicate conversations with multiple companies that could potentially acquire the bankrupt cell and module maker.
The Chinese solar firm has announced the start of construction on two new solar power plants in Japan with a cumulative capacity of 12.9 MWp.
Japan’s Ministry of Economy, Trade and Industry (METI) has awarded 140 MW of solar capacity to eight companies across nine locations, with the lowest bid coming in at JPY 17.2 ($0.15)/kWh, according to a local media report.
The solar PV giant has completed its second green project bond placement with Goldman Sachs Japan.
Canadian Solar Inc, and EDF Energies Nouvelles have announced that their 191.5 MWp Pirapora I and Pirapora III 92.5 MWp solar energy plants in brazil, totalling 284 MW were connected to the grid in November 2017.
Leading module manufacturer Canadian Solar posted revenue of $912 million for the third quarter of 2017, significantly above the figure of $692 million for the previous quarter. The company also saw quarterly shipments rise to 1.87 GW.
Canadian Solar’s new PV investment vehicle has followed its recent trading debut in Tokyo with the acquisition of 13 solar projects in Japan for JPY 30.4 billion ($267 million).
Tier-1 module manufacturer Canadian Solar has announced joint venture between its wholly owned subsidiary in Israel and Menora Mivtachim, one of the country’s largest finance and insurance groups. The aim of the venture is to finance, develop, construct and own solar power projects in the Middle Eastern nation.
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