|Bid||19.77 x 800|
|Ask||19.79 x 800|
|Day's Range||19.75 - 20.22|
|52 Week Range||17.82 - 45.29|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||4.01|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.18|
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Canadian Solar's (CSIQ) arm, Recurrent Energy, receives $100 million Brazilian financing for Ciranda Cluster.
Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been selected as the preferred supplier for Engineering, Procurement, and Construction ("EPC") and Operations and Maintenance ("O&M") by Copenhagen Infrastructure Partners (CIP) to deliver its Summerfield battery storage project in South Australia.
Recurrent Energy, a global developer and owner of solar and energy storage assets, announced today that it has fully received 490 million Brazilian reais (approximately US$100 million) of non-recourse project financing for its 300 MW Ciranda Solar Power Cluster (Ciranda Cluster) in Brazil. Completed in August 2023, Ciranda Cluster was developed by Recurrent Energy, who is now the long-term owner and operator of Ciranda Cluster.