Yield cos driving up solar project prices, says Canadian Solar

Facebook
Twitter
LinkedIn
Reddit
Email

Canadian solar has beaten guidance in its Q2 2014 results with yield cos driving up demand, and prices, for projects.

The company saw the share of its revenue derived from its projects business increase to 32.6% from 27.4% in the previous quarter.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Module shipments were 646MW, ahead of guidance of 600-630MW and up from 455MW in the same period last year.

“The recent launch of several yield cos has increased demand for our solar power plants and we are already seeing higher prices for our projects,” said Shawn Qu, chairman and CEO, Canadian Solar.

“With respect to the possibility of Canadian Solar launching its own yield co, we are evaluating options in the context of our existing late-stage pipeline and we expect to be in a position to make a decision by early 2015,” he added.

The full results are available on the Canadian Solar website.
 

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA