OT: CSIQ signs solar deal in Spain
Canadian Solar in Deal With Spain's Amur
Wednesday January 3, 10:01 am ET
Canadian Solar Shines for Spanish Solar Power Plant Specialist in $50 Million Deal
NEW YORK (AP) -- Canadian Solar Inc., which manufactures and sells solar module products that convert sunlight into electricity, on Wednesday said it received a contract worth between $40 million and $50 million from Amur Energy Division, a Spanish company.
Canadian Solar is based in Jiangsu, China, and incorporated in Canada. The company said it started delivering crystalline photovoltaic panels to Amur, which specializes in large solar power plants.
Shares of Canadian Solar rose 31 cents, or 3 percent, to $10.79 in morning trading on the Nasdaq. The company went public on Nov. 9.
