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Message: Canadian Solar Gets Deutsche Bank Loan for Two Projects

http://finance.yahoo.com/news/canadian-solar-gets-deutsche-bank-175505105.html

Hope we will heard more from Canadian Solar/Electrovaya to be sure they can go beyond just a limited demonstration project ... as for Walmart, Mondelez, Ferry, Vitronic, Storage etc ...

Just one or two commercial order + continue good separion trend should be enough to see stock going above 1$.

Canadian Solar will utilize the loan to develop a 10 MW utility-scale solar power project, known as “Illumination”, in the town of Scugog, Ontario. This solar project is one of four projects with a total capacity of 40 MW that the company is developing for the Dutch Infrastructure Fund Infra 3 RE Canada Limited.


The 40 MW project portfolio includes Glenarm, Illumination, Beamlight and GoldLight solar park projects, for which the company is acting as a turnkey engineering, procurement and construction contractor.

The company has a strong pipeline of projects and carries out various acquisitions and strategies to further consolidate its position. In the first quarter of 2015, Canadian Solar’s late-stage, utility-scale solar projects increased by roughly 1.0 gigawatt (GW) to 2.5 GW. For the second quarter of the year, the company expects total module shipments in the range of 950 MW to 1000 MW.

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