Canadian Solar dips into loss for Q1

‘Solar Module Super League’ (SMSL) member, Canadian Solar has reported a net loss of US$17.2 million in the first quarter of 2019, which was expected, due to a slowdown in PV power plant project sales and rebuilds its late-stage projects pipeline for 2020 onwards.

Canadian Solar’s project business to stall in 2019: hit on profits

‘Solar Module Super League’ (SMSL) member, Canadian Solar does not expect to repeat last year’s strong profitability growth in 2019, due to falling PV module ASPs (Average Selling Prices) and a slowdown in PV power plant project sales as it rebuilds its late-stage projects pipeline for 2020, onwards.