Canadian Solar said it expects margin pressure at its manufacturing division to ease throughout 2022, with demand returning in China from Q2 and pricing strategies used to offset soaring material and logistics costs.
A round-up of the latest news from the US solar market, featuring Vision Solar’s commitment to hire “hundreds” of sales staff as part of a two-state expansion, Recurrent Energy’s sale of two major assets in Texas and news of 8minute Solar Energy strengthening its legal team.
Canadian Solar has reported a jump in shipments and revenue, meeting the top end of its guidance, but warned of a challenging quarter for its manufacturing division after it slumped to a loss.
A round-up of the latest news from the US, where Dominion Energy acquires a solar facility in Virginia and BayWa r.e incorporates Generac’s PWRcell battery system to its distribution offering.
A round-up of recent news from the US, where Recurrent Energy moves closer to completing two Texas projects and major corporations call on Congress to pass measures to bolster green energy growth.
Canadian Solar subsidiary signs separate 15-year PPAs for Maplewood and Maplewood 2 projects to supply Anheuser-Busch and Energy Transfer, respectively.
Recurrent Energy, a subsidiary of Canadian Solar, has secured a US$50 million letter of credit facility from multinational financial services firm, Natixis.
