Neuauflage meines alten Threads vom 30.11.06 - 500 Beiträge pro Seite

[meinolf67]

Da ich leider nicht mehr posten konnte, mache ich ihn neu und werde mich bemühen, besser dranzubleiben...

[meinolf67]

Wieder ein neuer Solarwert, der sofort in den PPVX aufgenommen wurde. So langsam wird das ÜBergewicht der Deutschen etwas relativiert.

Canadian Solar ist ein in Kanada domizilierter, aber operativ im Wesentlichen in China tätiger Hersteller von Modulen.

Ganz interessant ist, dass Sie offenbar Rohsilizium kaufen und es dann von Lohnfertigern zu Wafern (u.a. Solarworld) und Zellen (u.a. Motech) verarbeiten lassen.

CSI ist profitabel und für einen Solarwert nach dem IPO mit einem vglw. günstigen KBV ausgestattet.

Gibt es Meinungen?

[meinolf67]

on der website(www.csisolar.com) :

Canadian Solar Inc.(CSI) is a public traded company in NASDAQ stock exchange, USA since November 2006. Its stock symbol is CSIQ.

Founded in 2001, Canadian Solar Inc. (CSI) is a standard solar module and specialty solar module and product company, serving customers located in various markets worldwide. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications.

CSI is certified for DIN EN ISO 9001:2000 and ISO/TS 16949:2002. Its solar modules have obtained various product certifications including IEC 61215 and TUV Class II safety.

[meinolf67]

13.04.2007 15:52
Canadian Solar Schedules First Quarter 2007 Results Conference Call

JIANGSU, China, April 13 /Xinhua-PRNewswire/ -- Canadian Solar Inc. (Nachrichten) ("the Company') today announced that it will hold a conference call with investors and analysts on Monday, May 14, 2007 (in Jiangsu) at 9 p.m. to discuss results for the Company's first quarter 2007 and business outlook. This will be 9 a.m. in New York on Monday, May 14, 2007.

The news release announcing the first quarter 2007 results will be disseminated on May 14, 2007 after the Nasdaq stock market closes.

The dial-in number for the live audio call beginning at 9 p.m. (in Jiangsu) on Monday, May 14, 2007 or 9 a.m. (in New York) on Monday, May 14, 2007 is [phone] or [phone] (international). The passcode is 46828385. A live webcast of the conference call will be available on Canadian Solar's website at http://www.csisolar.com/ .

A replay of the call will be available 1 hour after the conclusion of the conference call through noon on Monday, May 21, 2007 (in Jiangsu) or midnight on Monday, May 21, 2007 (in New York) at http://www.csisolar.com/ and by telephone at [phone] or [phone] (international). The passcode to access the replay is 89796178.

About Canadian Solar Inc.

Founded in 2001, Canadian Solar Inc. (CSI) is a vertically integrated manufacturer of solar module and customer-designed solar application products serving worldwide customers. CSI is incorporated in Canada but conducts its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications. For more information visit http://www.csisolar.com/ .

[meinolf67]

17.04.2007 15:16
Canadian Solar Officially Opens Cell Manufacturing Subsidiary

JIANGSU, China, April 17 /Xinhua-PRNewswire/ -- Canadian Solar Inc. (Nachrichten) ("the Company', or 'CSI') celebrated the grand opening of its subsidiary, CSI Cells Co., Ltd. in Suzhou, China on April 15, 2007. The first phase of CSI Cell's new facility, with an area of about 10,000 sq meters, has an annual capacity of 25 MW, and is expected to be ramped up to 100 MW by the middle of Q4 of 2007.

'The manufacturing of cells is another step in CSI's move towards vertical integration, and the timing of the new cell line is perfect as we face increased demand for CSI's modules,' said Dr. Shawn Qu, the CEO of CSI. 'The new cell facility will further strengthen CSI's competitive edge in the current consolidation of solar industry.'

'It took just 6 months from the ground breaking to the production of first batch of cells. This in itself exemplifies CSI's ability to execute its strategy to become a top 10 solar player in the world,' said Dr. Shawn Qu.

The celebration was attended by Mr. Qinghua Han, Provincial Minister of Economy and Trade, Li Yan, Mayor of Suzhou and other dignitaries, including CSI's suppliers, customers and financing partners.

About Canadian Solar Inc.

Founded in 2001, Canadian Solar Inc. (CSI) is a standard solar module and specialty solar module and product company, serving customers located in various markets worldwide. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications. For more information, please visit http://www.csisolar.com/ .

[meinolf67]

17.04.2007 15:16
Canadian Solar Officially Opens Cell Manufacturing Subsidiary

JIANGSU, China, April 17 /Xinhua-PRNewswire/ -- Canadian Solar Inc. (Nachrichten) ("the Company', or 'CSI') celebrated the grand opening of its subsidiary, CSI Cells Co., Ltd. in Suzhou, China on April 15, 2007. The first phase of CSI Cell's new facility, with an area of about 10,000 sq meters, has an annual capacity of 25 MW, and is expected to be ramped up to 100 MW by the middle of Q4 of 2007.

'The manufacturing of cells is another step in CSI's move towards vertical integration, and the timing of the new cell line is perfect as we face increased demand for CSI's modules,' said Dr. Shawn Qu, the CEO of CSI. 'The new cell facility will further strengthen CSI's competitive edge in the current consolidation of solar industry.'

'It took just 6 months from the ground breaking to the production of first batch of cells. This in itself exemplifies CSI's ability to execute its strategy to become a top 10 solar player in the world,' said Dr. Shawn Qu.

The celebration was attended by Mr. Qinghua Han, Provincial Minister of Economy and Trade, Li Yan, Mayor of Suzhou and other dignitaries, including CSI's suppliers, customers and financing partners.

About Canadian Solar Inc.

Founded in 2001, Canadian Solar Inc. (CSI) is a standard solar module and specialty solar module and product company, serving customers located in various markets worldwide. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications. For more information, please visit http://www.csisolar.com/ .

[meinolf67]

29.05.2007 18:28
Canadian Solar Signs a 45 Million Euro Annual Sales Contract and Breaks Ground of a 250 MW Module Facility in Changshu, China

JIANGSU, China, May 29 /Xinhua-PRNewswire/ -- Canadian Solar Inc. (Nachrichten) ("the Company", or "CSI") today announced it has concluded a 2007 annual sales contract worth 45 million Euro with a leading German customer. CSI has already started to deliver to this contract in March, before official signing, due to immediate demand for the products.

Concurrently CSI held a ground breaking ceremony for the new 250 MW module manufacturing facility for its plant in Changshu, China, located about 100 km west from Shanghai. The first phase of the new facility is 20,000 square meter in area and is expected to be completed by November of 2007. When finished, the first phase facility will have a module production capacity of 250 MW. Construction is expected to start in June after receiving final building permits.

Dr. Shawn Qu, CEO of CSI, said, "We continue to execute our business expanding strategy as planned in order to support our customers' demands and forecasts. Our insistence on quality products and services is paying off. The strong demand we are seeing exemplifies CSI management's strategies of branding CSI as Tier-One in quality and to form long-term partnership with Tier-One distributors in every geographic market. This annual contract, with firm pricing and delivery schedules until the end of year, serves as another example of such a partnership which brings business security and visibility to both CSI and its customers."

[meinolf67]

So langsam wird es interessanter:

City Solar ist ein echtes Schwergewixht in Deutschland und Spanien.

Scheinen clevere Leute zu sein.




04.06.2007 14:16
Canadian Solar and City Solar AG Partner on Large-Scale Solar Farm Projects in Germany and Spain

JIANGSU, China, June 4 /Xinhua-PRNewswire/ -¨C Canadian Solar Inc. (Nachrichten) ("the Company", or "CSI") has commenced delivery of solar modules to City Solar AG, Germany for a series of large-scale, ground-mounted solar farm projects. The deliveries are part of an annual project sales contract CSI signed with City Solar in January, 2007 to supply approximately 31 MW of solar modules to 7 specific projects in Germany and Spain. About half of the projects are expected to be completed before December 31, 2007. The contract is worth approximately 80 to 90 million Euro. CSI expects to deliver 4.2MW solar modules by July 2007 for the first project in Germany. Deliveries for the other projects are expected to start in June and July, 2007.

Dr. Shawn Qu, CEO of CSI, commented, "We continue to execute our two-leg strategy in sales, which emphasizes long-term partnerships with both tier-one regular distributors and top-notch project-based companies. Our collaboration with City Solar clearly demonstrates the success of this strategy. Project-based channel sales like this one allow us to plan our production several quarters ahead, in order to provide stability to both CSI and its customers."

Mr. Steffen Kammler, CEO of City Solar, AG, commented, "City Solar's vast experience in multi-MW scale solar project development, planning and implementation, brings turn-key solutions to commercial renewable energy investors. We have developed unique mounting and panel matching technologies. Combining our expertise with the outstanding quality of CSI modules will help us to provide the best-performing and the most cost-effective solar systems to the market place."

About Canadian Solar Inc.

Founded in 2001, Canadian Solar Inc. (CSI) is a vertically integrated manufacturer of solar cell, solar module and customer-designed solar application products serving worldwide customers. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications. For more information, please visit http://www.csisolar.com .

About City Solar, AG

City Solar AG is a leading player in the field of industrial scale photovoltaic power plants. The company was founded in 2003 and has its headquarters in Bad Kreuznach, Germany. City Solar¡äs core business is the design, construction, and operation of solar power plants. In addition to activities in Germany, City Solar is becoming increasingly involved in Europe -- particularly in Spain, Italy and Greece. In Beneixama, Spain, the company is currently building the world's largest PV power plant with a nominal power of 20 MW which will be completed in August 2007. The company directs a great part of its efforts to its own R+D activities. This department has developed and patented a new process to produce solar grade silicon. For more information, please visit http://www.citysolar.de .

[meinolf67]

09.07.2007 14:13
Canadian Solar Schedules Second Quarter 2007 Results Conference Call

JIANGSU, China, July 9 /Xinhua-PRNewswire/ -- Canadian Solar Inc. (Nachrichten) ("the Company") today announced that it will hold a conference call with investors and analysts on Tuesday, August 14, 2007 (in Jiangsu) at 9 p.m. to discuss results for the Company's second quarter 2007 and business outlook. This will be 9 a.m. in New York on Tuesday, August 14, 2007.

The news release announcing the second quarter 2007 results will be disseminated on August 14, 2007 before the NASDAQ stock market opens.

[meinolf67]

Canadian Solar Reports Second Quarter 2007 Results
Tuesday August 14, 7:00 am ET
-- Q2 net revenues of $60.4 million, a three-fold increase from $17.5 million in Q1 -- Q2 loss of $0.11 per share compared to a loss of $0.14 per share in Q1 -- Full year 2007 net revenue guidance increased to $255-$265 million from $220-$230 million

JIANGSU, China, Aug. 14 /Xinhua-PRNewswire/ -- Canadian Solar Inc. ("the Company," "CSI," or "we") (Nasdaq: CSIQ - News) today reported its preliminary unaudited US GAAP financial information for the second quarter of 2007 ended June 30, 2007.

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Net revenues for the quarter were $60.4 million, including $2.7 million silicon material sales, compared to net revenues of $17.3 million for the second quarter of 2006 and $17.5 million for the first quarter of 2007. Net revenues for the first quarter of 2007 included $2.8 million in silicon material sales. Net loss for the quarter was $2.9 million, or $0.11 per share, compared to net income of $2.5 million, or $0.16 per diluted share, for the second quarter of 2006 and net loss of $3.9 million, or $0.14 per share, for the first quarter of 2007. Excluding share-based compensation expenses of $2.4 million, the net loss for the quarter would have been $0.5 million, or $0.02 per share.

Dr. Shawn Qu, Chairman and CEO of CSI, commented: "Our Q2 revenues were at the high end of our guidance range. We continue to benefit from our strong international sales and marketing network and our focus on tier one distributors and project-based companies. During the quarter, we saw sustained demand for our products in Germany and Spain. We expect to complete our Phase One in-house solar cell production facility in the middle of October, which would bring our total cell capacity to 100MW per year. We have recently ramped up our module production capacity to 180MW per year. These successful steps in our expansion strategy will help to solidify our position as a major player in the industry and enable us to meet increased customer demand."

Bing Zhu, CFO of CSI, noted: "Our gross margins improved slightly in Q2 due to our increasing in-house solar cell manufacturing capability. We would have been profitable on a cash operating basis during the quarter without the following two factors: first, we cleared out 1.63MW of high-priced solar cells inventory purchased in 2006 and secondly, we incurred slightly higher yield loss, as we almost quadrupled our production within one quarter. Entering the third quarter, we are experiencing stable module pricing and expect this to continue during the second half of 2007. We have also experienced modest materials price increases from certain suppliers. We are working on improving our cost structure and operating efficiencies to offset these increases and expect our operating margins to improve significantly in Q4 as we speed up our in-house solar cell manufacturing production."

Recent Developments

We recently started to ramp up production at our second 25MW solar cell production line, following installation and acceptance tests in June and July. We expect to install our third and fourth 25MW cell production lines in September and October 2007, ahead of our original schedule. By doing so, we expect to increase our in-house solar cell manufacturing capacity to 100 MW by the middle of Q4.

We also recently entered into agreements for syndicated loans of US$50 million with Industrial and Commercial Bank of China and China Communications Bank. Both banks announced their intention to continue to support our newly revised three-year growth plan. Together with other existing banking arrangements, CSI has approximately US$90 million in available credit lines.

Revenue by Geography (US$ thousands)
Q207 Q107 Q206
Region Revenue % Revenue % Revenue %
Asia 2,959 4.9 % 3,308 18.9 % 96 0.6 %
Europe
57,282 94.8 % 12,139 69.4 % 16,602 96.3 %
North America
142 0.2 % 225 1.3 % 528 3.1 %
South America
-- -- 1,817 10.4 % -- --
Other
30 0.1 % -- 0.0 % 24 0.0 %
Total Net
Revenue 60,413 100.0 % 17,489 100.0 % 17,250 100.0 %

Note: Asian revenue included $2.7 million silicon materials sales in Q207
and $2.8 million silicon materials sales in Q107.


Outlook

Based on current market conditions, our order backlog and our production capacity, we are increasing our prior guidance of net revenues for the full year 2007 to $255-$265 million from $220-$230 million. Shipments for the year are expected to be 70-75MW, compared to our original estimate of 64MW. Based on indications from our key customers, the Company estimates that the demand for CSI module products in 2008 is now over 200MW.

Net revenues for the third quarter of 2007 are expected to be $80-$85 million, with cash operating income, determined on a non-GAAP basis by excluding share based compensation, in the range of $1.6-$2.0 million. Shipments for the third quarter of 2007 are expected to be 20-23 MW. In the third quarter, our current customer backlog orders are enabling us to better utilize our existing inventory of all cell grades, which will help us increase our product efficiency and improve our profit margins on the module sales.

[meinolf67]

Canadian Solar Establishes New U.S. Office
Wednesday August 15, 8:00 am ET

PHOENIX, Aug. 15 /Xinhua-PRNewswire/ -- Canadian Solar Inc. ("the Company", or "CSI", or "we") (Nasdaq: CSIQ - News) today announced it has opened a new U.S. office in Phoenix, Arizona as part of the Company's expansion strategy. The new U.S. office will serve as headquarters for U.S. Operations and Sales. Jeff Calabro, Director of U.S. Sales, will be managing the Company's U.S. expansion efforts.

Dr. Shawn Qu, Chairman and CEO of CSI, said, "The U.S. is an important strategic market with the potential to become one of the world's largest solar energy consumer markets. Having a physical presence on the ground underscores our commitment and anticipated expansion. We plan to aggressively leverage our global presence and customer relationships to build significant market share in the U.S. as we have successfully done in other new markets."

Jeff Calabro, Director of U.S. Sales for CSI, said, "We plan to efficiently capitalize on the accelerated demand for PV solar solutions seen in the U.S. with targeted sales initiatives. Our objectives are to establish strong customer relationships, provide a stable supply stream of quality modules to the region, and offer services focused on meeting customer needs."

CSI modules are certified to the UL1703 standard, and approved by the California Energy Commission.

U.S. Office Contact Information
Jeff Calabro
Director of Sales -- USA
CSI Solar Inc.
3420 East Shea Boulevard, Suite 200
Phoenix, AZ 85028
Office: [phone]
Fax: [phone]
Email: [e-mail]

[meinolf67]

Canadian Solar Receives QC 080000 Hazardous Materials Management Certification
Monday August 20, 8:00 am ET

JIANGSU, China, Aug. 20 /Xinhua-PRNewswire/ -- Canadian Solar Inc. ("the Company", or "CSI", or "we") (Nasdaq: CSIQ - News) today announced that its Changshu factory has completed its audit for the QC 080000 IECQ Hazardous Substance Process Management (HSPM) qualification, which the Company believes makes it one of the first solar module manufacturing companies to receive the certification.

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QC 080000 IECQ HSPM is the international technical specification for an organization's processes to manage and minimize, or eliminate hazardous substances. The qualification confirms that CSI has a process-oriented quality management system (QMS) in place, compliant with ISO 9001:2000. The distinguished qualification carries with it the potential for reduced testing and supplier management costs, and the reduced risk of violating laws in a changing regulatory landscape.

The audit was conducted by the internationally recognized certification body TUV, a leading international safety testing and certification services company.

Meanwhile, CSI's newly built solar cell factory in Suzhou and its recently built module factory in Luoyang has passed ISO 9001:2000 certification audits by TUV last week. As a result, all of CSI production facilities are now certified to ISO 9001:2000 standard.

Dr. Shawn Qu, Chairman and CEO of CSI, said, "The qualification demonstrates CSI's high standard and industry leadership on product safety. It also demonstrates our technical competence and operational skill with regards to the ability to manufacture high quality products, while maintaining our devotion to environmentally friendly manufacturing processes. We are fully prepared to move into lead-free module production if required to by regulatory bodies, which further highlights the ability of CSI's management team to respond to changes in the regulatory landscape for renewable energy. This recognition of our operational efficiency and integrity will further bolster our global reputation, and will help raise our profile with potential new customers."

[meinolf67]

Sie haben wenigstens in Mailand ausgestellt.

Weiss sonstwer was?

[meinolf67]

02.10.2007 15:25
Canadian Solar Wins U.S. Contract

JIANGSU, China, Oct. 2 /Xinhua-PRNewswire/ -- Canadian Solar Inc. (Nachrichten) ("the Company," "CSI," or "we") today announced that it has signed a contract in the United States of America, an important market for the Company given the expectations for growth.

Under the agreement CSI will supply American Capital Energy of Chelmsford, Massachusetts, with its high quality CS5A solar modules for installations at the Crystal Rock Pure Water bottling facility. This project, located in Watertown, Connecticut will convert a commercial roof space into a private power generation site featuring a 300KW grid-connected solar power system.

Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc. commented: "This latest contract is an important step for us as it demonstrates that we can realize commercially viable projects in price-competitive markets like the U.S. Solar power is quickly gaining momentum with American corporations and communities. Our sales team has been leveraging our European leadership position to raise awareness in the U.S. We are energized and will look to use this win to capitalize on other existing and developing opportunities in the U.S. and broader North American markets."

[meinolf67]

24.09.2007 14:19
Canadian Solar Signs Agreement to Build 300KW 'Suzhou Solar Demonstration Park'

JIANGSU, China, Sept. 24 /Xinhua-PRNewswire/ -- Canadian Solar Inc. (Nachrichten) ("the Company,' 'CSI,' or 'we') today announced that it has signed an agreement with the government of Suzhou New District to build the 'Suzhou Solar Demonstration Park,' a project that converts a deserted area into a municipality recreation site featuring a 300KW grid-connected solar power system. The park will also serve as a long-term outdoor reliability testing and demonstration ground for CSI modules using various new technologies.

This is one of the first solar power plant projects initiated after China adopted its Renewable Energy Law in January 2006. The Renewable Energy Law makes it mandatory for the State Electric Grid to connect to solar power and pay favorable feed-in tariffs. The execution procedure, however, is yet to be released. In August 2007, China's National Development&Reform Commission (NDRC) also published its national development strategy for renewable energy. According to this strategy, China targets to install 300 MW cumulative solar generation capacity by 2010 and 1.8 GW by 2020.

Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc. commented: 'We are very pleased to be selected to work together with the government of Suzhou New High-tech Development District (SND) to build this demo solar project. Solar power is quickly gaining recognition among policy makers in China. This site will become a live 'Showroom' to demonstrate to our customers the reliability and the superior engineering work competence of CSI products. This demo project will serve as a concrete example for government officials in other provinces and municipalities in their efforts to fulfill the targeted solar power capacity set by the NDRC. With China on its way towards a major solar market, this project will help us to gain first-mover advantage in this high- potential region.'

Ms. Wang Yaoshan, Director of Administrative Committee of Suzhou New High- tech Development District, said: 'We initiated this project in an effort to reduce the use of fossil energy and to combat the global climate change. We seek a balance between economic development and environmental protection, as we work together with our central government to reach its goal of 1.8 GW solar power by 2020. CSI's expertise in solar power stations has convinced us that CSI is the best partner to work with for our first solar project.'

[meinolf67]

Press Release Source: Canadian Solar Inc.

Canadian Solar and Ra Solar Espana Complete a 2.8MW Solar Farm Project in Spain
Tuesday October 9, 8:46 am ET

JIANGSU, China, Oct. 9 /Xinhua-PRNewswire/ -- Canadian Solar Inc. ("the Company,'' ''CSI,'' or ''we'') (Nasdaq: CSIQ - News) and Ra Solar Espana today held the official opening of a 2.8MW solar farm project in Albacore, Spain. The ceremony was attended by dignitaries including the Dutch ambassador and the Director of Industry of Castilla la Mancha.

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click here
The solar park, one of the largest photovoltaic plants in Spain, is expected to supply enough energy for 1,500 families.

CSI is the sole supplier of the solar modules in this project, which consists of almost 18,000 CS5A solar panels, mounted on a fixed structure and connected to 100 kW inverters. Ra Solar Espana is the main party behind the development of this 2.8 MW plant in the areas of project management, material procurement, project promotion and financing arrangement.

Linda Goossens, General Manager for Ra Solar Espana commented: ''CSI has been a reliable partner, especially with regards to delivery times and after sales services, which are crucial elements in projects of this size. At the same time, we are very pleased with the high quality of CSI modules. We have already placed further orders for CSI's solar modules for our future projects and look forward to working closely with CSI in future.''

Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc. commented: ''We are very pleased to be able to work together with Ra Solar on this important project. RA Solar is one of the leading, most reputable developers of large- scale solar farm projects in Spain and we are pleased to have been chosen as its partner. CSI has a strong reputation globally for being able to complete deliveries and installations for projects of large scale on time. The consistency and high performance of our modules have also differentiated CSI from our competitors in Spain. Spain is one of the fastest growing solar markets in the world for large-scale ground-mounted solar farms. We expect these large scale solar projects will continue to be a strong growth area for our business.''

About Canadian Solar Inc.

[Boersi]

Aufnahme von Canadian Solar ins "Hochspekulative Charttechnik-Depot" zu 7,80 €.
... weitere Info´s unter: http://www.wallstreet-online.de/dyn/community/thread.html?th…

[meinolf67]

AP
Canadian Solar in Gintech Supply Deal
Monday November 26, 10:46 am ET
Canadian Solar in Annual Solar Cell Supply Deal With Gintech Energy Worth About $60M in 2008

NEW YORK (AP) -- Solar products maker Canadian Solar Inc. said Monday that it signed an annual solar cell supply contract with Taiwan-based Gintech Energy Corp. that will be worth about $60 million in 2008.

Under the deal, Gintech will ship between 17 megawatts and 22 megawatts to Canadian solar starting in 2008. The contract includes fixed pricing and set delivery times, Canadian Solar said.

Canadian Solar shares 65 cents, or 4.2 percent, to $16.12 in morning trading.

[meinolf67]

LONDON (MarketWatch) -- Canadian Solar Inc. (CSIQ:
canadian solar inc com

said Friday that it plans to make a private offer of around $75 million of its convertible senior notes due 2017. Proceeds from the offer will be used for working capital and potential future acquisitions. End of Story