‘Silicon Module Super League’ (SMSL) member Canadian Solar may not be expecting any shipment growth in 2018, yet significant revenue growth is expected from selling a major part of its US$1.5 billion PV power plant assets.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has lowered nameplate capacity expansion plans in 2018 for both in-house solar cell production and module assembly as total module shipment guidance for 2018, indicates marginal growth.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has finally confirmed the sale of part of its PV plant portfolio in California to South Korea’s largest electricity utility, Korea Electric Power Corporation (KEPCO).
Canadian solar manufacturers will suffer “immediate, severe, and irreversible injuries” as a result of the new US safeguard measures, according to a lawsuit they have filed against the Trump administration.
Silicon Module Super League (SMSL) member Canadian Solar has partnered Amsterdam-headquartered Photon Energy NV to co-develop five utility-scale solar power projects, with a total capacity of 1.14GW in New South Wales, Australia.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has slightly increased its fourth quarter and full-year 2017 shipment guidance. However, the sale of US PV power plant projects, were not completed in the quarter, forcing the company to lower revenue guidance.
After the significant upwards revisions made to global solar PV manufacturing capacity expansion announcements in the first half of 2017, which we reviewed in a previous blog, the third quarter was characterised by much more tempered plans.
‘Silicon Module Super League’ (SMSL) member Canadian Solar could become a partner with small-scale PV manufacturer in France, Photowatt, a subsidiary of EDF Energies Nouvelles in establishing a manufacturing plant producing next-generation silicon ingots and wafers.