Canadian Solar reports Q3 earnings miss, eyes strong 2024 growth
The company’s revenues for Q3 pulled back 71% when compared with Q3 2022.
Sunrise brief: Canadian Solar to open 5 GW solar cell factory in Indiana
Also on the rise: Solar Energy Technologies Office supporting the buildout of a secure U.S. supply chain. Roadrunner Reserve energy storage system to be one of largest in Arizona. And more.
Roadrunner Reserve energy storage system to be one of largest in Arizona
Canadian Solar’s e-Storage has entered the supply and integration contract for 1 GWh DC of energy storage solutions for DEPCOM Power and TEP.
Canadian Solar to open 5 GW solar cell factory in Indiana
The company will invest $800 million to open the manufacturing plant.
“The times of supply shortage are over,” solar giants bet big on U.S. manufacturing
Three factories announced by three major solar panel suppliers will add 15 GW of manufacturing capacity. In 2021, the U.S. had about 7 GW of module manufacturing capacity.
Five major solar panel suppliers found in violation of antidumping laws
Units of BYD, Longi, Canadian Solar, Trina Solar and New East Solar were found in violation of trade laws and now face heavy tariffs. Three major suppliers were found to not be in violation.
Sunrise brief: NorSun developing 5 GW U.S. solar wafer facility, Meyer Burger in the wings
Also on the rise: Texas attorney general say counties cannot block solar development. SolarEdge adds power control system to inverter for system oversizing. And more.
Canadian Solar to deliver 1200 MWh of battery energy storage in Arizona
The Papago energy storage project for APS will use Canadian Solar’s subsidiary’s e-Storage SolBank, a containerized, proprietary battery energy storage solution. Once operational, the project is expected to dispatch enough power for approximately 244,000 homes for four hours every day.
Sunrise brief: Maxeon Solar to build 3 GW cell and module plant in Albuquerque
Also on the rise: An alternative to California’s proposed income-based fixed monthly utility bill charge, retired coal plant to be running on 100% hydrogen by 2045 and scientists explore aquatic effects of floating solar.
EDF places order for up to 7 GW of U.S.-made Canadian Solar modules
Canadian Solar announced that production in its first U.S. factory was set to begin in late June. With a planned output of 20,000 modules per day, it expects annual production capacity to total 5 GW.
