Emeren Group Divests a 57 MWp Solar Project Portfolio in France [Yahoo! Finance]
Canadian Solar Inc. - Common Shares (CSIQ)
Last canadian solar inc. - common shares earnings: 3/26 06:00 am
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Source: Yahoo! Finance
SOL recently declared the sale of a 57 megawatt-peak (MWp) solar portfolio of five projects to Trina Solar (France) Systems. This project sale can be expected to boost SOL's revenues in the third quarter of 2024. The five projects include one early-stage, one late-stage and three mid-stage projects. There is a possibility of attaching Battery Energy Storage Systems (“BESS”) to this portfolio, which, if attached, will enhance the portfolio's overall value, boosting SOL's revenue prospects in the upcoming quarterly results. SOL's Expansion Focus on Europe Project monetization has been a well-known revenue-generating strategy for Emeren. With its already established footprint in Europe, a region that contributes 78% of SOL's total revenues (as per its last reported quarter), the company diligently follows the strategy of building and selling valuable solar projects across this continent. The latest project sale is yet another bright example of that. Earlier, in July 2024, SOL div
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News
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CSIQ
Earnings
- 8/22/24 - Beat
CSIQ
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- 11/8/24 - Form SC
- CSIQ's page on the SEC website