Canadian Solar Turns to U.S., China for Investments, After Weak Prices Hit 2016

SUGAR LAND--March 22, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Canadian Solar Incorporated's (NASDAQ:CSIQ) (Guelph, Ontario) results for full-year 2016 show that, for all their differences, solar power and the oil & gas market share a significant problem: tepid prices. While strengthening demand led to record shipments for the company's solar modules, weak prices took a sizable bite out of its bottom line. Industrial Info is tracking $3.32 billion in active projects involving Canadian Solar.

Within this article: Details on Canadian Solar's highest-valued projects in the U.S. and China, which was its top destination for 2016.