Tag Archives: csiq

Trina, Other Solar Firms Guide To 30% Shipment Growth

The top 20 suppliers of solar photovoltaic modules, including Trina Solar (TSL), are guiding for a more than 30% increase in shipments in 2014, says NPD Solarbuzz. Besides Trina, other suppliers forecasting the most aggressive growth include JinkoSolar Holding (JKS) and Canadian Solar (CSIQ), with the upper end of their guidance exceeding 40%, the NPD report said. The supplier forecasting the highest shipment volume in 2014 is Yingli Green Energy

Canadian Solar Reports Mixed Q1; Guidance Hits Stock

Solar-power company Canadian Solar (CSIQ) reported a mixed Q1 and guided Q2 below consensus Friday, sending the stock down nearly 12% on the stock market today. Canadian Solar’s revenue rose 77% over the year-earlier quarter to $466 million, beating analysts’ estimate of $432 million, according to Thomson Reuters. Profit of 7 cents a share reversed a year-earlier loss, but fell short of Wall Street’s 12 cents. The company affirmed its 2014 sales

Canadian Solar Gives Q1 Sales Warning; Blames Weather

Canadian Solar (CSIQ) shares skidded almost 10% on the stock market today after the Chinese-backed maker of solar-power products warned about a drop in first-quarter revenue, while reporting its second-straight quarterly profit gain as part of Q4 results issued on Wednesday. It also missed analyst Q4 earnings forecasts while beating modestly on sales. The Guelph, Ontario-based company says the expected slip in Q1 revenue stems from the fact that