Leaders in Supply & Demand Side Intelligence

Forgot your login?

Enter the e-mail address you used when you registered an account with IIR Energy.

A message will be sent to the E-Mail Address found in our records containing the associated username(s) as well as instructions for a password reset.

E-Mail:
Also, what is 64 + 8?

Canadian Solar Eyes Major Solar Power Expansions

Premium Article
CanadianSolar1Q22
Attachment Included

May 26, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Energy Information Administration (EIA) forecasts utility-scale solar generation will grow by 10 million megawatt-hours (MWh) across the U.S. between June and August, when compared with the same period last summer. While U.S.-based solar companies are struggling with supply-chain issues and tariffs on solar panel components, Canadian Solar Incorporated (NASDAQ:CSIQ) (Guelph, Ontario) is planning to expand its production capacity in the coming years, growing its sales volumes by a compound annual growth rate of about 50% to 2026.

Industrial Info is tracking nearly US$5 billion worth of active projects from Canadian Solar and its subsidiaries, about US$3.6 billion of which is in the U.S. Company executives expect capital spending to total about $850 million for full-year 2022. Canadian Solar is nearing completion of its Sunflower County Solar project in Mississippi. In Canada, the company expects to finish construction toward the end of this year on a major project in Alberta. In addition to these projects under construction, Canadian Solar is reviewing two proposed projects in Texas.

Other companies featured: Entergy Corporation (NYSE:ETR) and BrightSource Energy Incorporated

Details on this Article:
Industry Segment: Power
Word Count: 785 Words
Attachment: CanadianSolar1Q22
Listen to Today's News Sync News Podcasts

Login or Register now for instant access!
Related Articles

PREMIUM ARTICLE

This article is available for Premium Members only.

Subscribe Now! All Fields are Required...


Pricing Help?

All Members Receive the Following Resources:

  • Industry News Digest
  • Upcoming Webinars
  • On-Demand Webinars
  • The NavigatIIR Newsletter
  • Economic Indicators