Canadian Solar's (CSIQ) Global Positioning Remains Solid - Canaccord Genuity Reiterates Buy

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ITC Extension Seen as Significant Positive Catalyst for Solar Sector (FSLR) (RUN) (SCTY) (SUNE)

December 16, 2015 9:52 AM EST

Solar stocks surged Wednesday, with SunEdison (NYSE: SUNE) and SolarCity (NASDAQ: SCTY) leading the group higher. Other gainers included Sunrun (NASDAQ: RUN), Canadian Solar (NASDAQ: CSIQ) and First Solar (NASDAQ: FSLR).

Earlier SolarCity urged Congress to pass legislation that includes an extension of the Investment Tax Credit (ITC) for solar. The provision, included in appropriations and tax bills introduced by House Speaker Paul Ryan today, is the result of... More

Canadian Solar (CSIQ) Announces Completion of Illumination Solar Plant Sale

December 15, 2015 7:07 AM EST

Canadian Solar Inc. (Nasdaq: CSIQ) announced the sale of the 10 MW AC (14 MW DC) Illumination LP ("Illumination") solar power plant to an affiliate of DIF Infrastructure III ("DIF"). The solar power plant, valued at CAD $65.9 Million (USD$48.4 Million), consists of approximately 47,448 Canadian... More

Canadian Solar (CSIQ) Raises Final Tranche of $80M Under Secured Term Loan

December 15, 2015 6:14 AM EST

Canadian Solar Inc. (NASDAQ: CSIQ) announced that it has raised a final tranche of $80.0 million under its previously announced two-year senior secured term loan arranged by Credit Suisse AG, Singapore Branch ("Credit Suisse"), bringing the total facility amount to $180.0 million.

In... More