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Solar energy expands quickly in Brazil, attracts Chinese firms [Reuters]
Last canadian solar inc. - common shares earnings: 3/26 06:00 am
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US:NASDAQ Investor Relations: investors.canadiansolar.com
Solar energy expands quickly in Brazil, attracts Chinese firms PORTO FELIZ, Brazil (Reuters) - Beside the green pastures and sugarcane plantations surrounding the farming town of Porto Feliz is the strange sight of hundreds of blue, silicon panes turned towards the sun. This solar farm, about 150 km (93.2 miles) from Sao Paulo, produces electricity for around 40 homes and small businesses like restaurants and gyms. Such “distributed generation,” or DG, operations are quickly multiplying in Brazil as investors bank on the long hours of strong sunlight across the continent-sized country, a late adopter of solar technology, and enjoy subsidies that have been pared back in countries like the United States. Corporate and private investors are boosting solar panel production in one of Brazil’s few domestic manufacturing industries, as well as driving imports from China. Brazil’s solar power industry group Absolar sees DG investments tripling to 16 billion reais ($3.64 billion) in 2020 from
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- Canadian Solar Inc. (NASDAQ: CSIQ) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.[MarketBeat]
- Canadian Solar Inc. (NASDAQ: CSIQ) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $11.00 price target on the stock, down previously from $14.00.[MarketBeat]
- Canadian Solar to Supply 315 MWh Battery Energy Storage in Texas [Yahoo! Finance][Yahoo! Finance]
- Canadian Solar Inc. (NASDAQ: CSIQ) is now covered by analysts at Mizuho. They set an "outperform" rating and a $20.00 price target on the stock.[MarketBeat]
- Canadian Solar to Deliver 315 MWh DC of Battery Energy Storage Solutions and up to 2 GWp of Solar Modules to Sunraycer Projects in Texas [Yahoo! Finance][Yahoo! Finance]
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