Canadian Solar Inc. (CSIQ) News: Advanced Share Price, Grid Parity, Samsung as an Ally & More

Editor’s Note: Related tickers: Canadian Solar Inc. (NASDAQ:CSIQ)

Canadian Solar Inc.Canadian Solar Inc. (NASDAQ:CSIQ) shares trading high high (FinancialsTrend)
The share prices of Canadian Solar Inc. (NASDAQ:CSIQ) had been traded in the price range of $10.20 and $11.34 per share on Thursday. The share price of the company had gradually advanced by 9.50 percent more than the previous day. The share price of Canadian Solar Inc. (NASDAQ:CSIQ) has made a changes in the 52 week high value $11.34 per share and 52 week low value $1.95 per share. Canadian Solar Inc. (NASDAQ:CSIQ) is a manufacturer of solar wafers cells by developing and designing the solar module products which is used for various purpose and convert sunlight into electricity. Products of the company includes a wide range of residential, industrial and commercial solar power generation systems and the company is also involved in building the standard solar modules by general specifications.

Will Solar Power Ever Be Cheap Enough? (Barrons)
No, according to Axiom Capital’s Gordon Johnson. Johnson is taking aim at a concept known as “grid parity”–the point when the cost of an alternative energy costs the same or less than traditional sources. The falling price of solar modules, which decimated solar stocks in 2012, has some hoping that solar will reach that point soon. But Gordon, known as a solar bear to those who follow solar stocks, notes that the all-in cost for building large solar-energy plants–based on the Energy Information Administration’s 2011 numbers– is the third most expensive form, behind only solar thermal and offshore wind. …Solar stocks have started the day stronger this morning. JA Solar has gained 1.9% to $6.98, Trina is up 1.4% at $5.77, and First Solar has ticked up 1% to $45.56. Canadian Solar Inc. (NASDAQ:CSIQ), which has gained 200% this year, has jumped 2.5% to $10.35 this morning.

Canadian Solar partners with Samsung to build new module plant in Ontario (PV-Tech)
Canadian Solar Inc. (NASDAQ:CSIQ) is to build a new PV module assembly plant to support the build-out of Samsung’s PV project pipeline in Ontario, Canada, furthering its business relations with the South Korean conglomerate. Although Canadian Solar Inc. (NASDAQ:CSIQ) did not disclose the new facilities expected capacity, the company said that 200 manufacturing jobs would be created at the facility, located in London, Ontario. The plant will also assemble medium voltage power stations and be used by Canadian Solar Inc. (NASDAQ:CSIQ) for R&D activities and product development associated with solar energy generation. The plant is expected to be fully operational by the end of 2013. CSI Ontario Manufacturing, Canadian Solar Inc. (NASDAQ:CSIQ)’s existing module assembly plant in Ontario, has an annual capacity of 330MW.

Sterling solar farm open house (Telegram)
If you try to drive by Sterling’s new solar field, on Wiles Road, it blends in with the scenery so well you might miss it. Constructed from polycrystalline, the solar panels cover approximately 15 acres and are expected to supply enough energy to power about 400 homes annually. Thursday’s “Power Up” event, hosted by the Sterling Municipal Light Department, celebrated Sterling’s new two megawatt solar farm with speeches, tours and learning opportunities. …Of those five participating companies, Canadian Solar Inc. (NASDAQ:CSIQ) and INDU Solar Holdings, co-own Sterling’s budding solar farm. At the end of SMLD’s 20-year contract with Canadian Solar Inc. (NASDAQ:CSIQ) and INDU Solar Holdings, the town can choose from a few options, including buying the solar facility from the companies or turning the site back into a hayfield without any residual effects.

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