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Canadian Solar to Build Facility in Ontario

Posted by Adam Sewall In Thursday, December 3 2009 under: Solar Industry News, feed-in tariff, Canadian Solar, Ontario, CSIQ, Canada solar

Chinese solar-panel maker Canadian Solar (NASDAQ:CSIQ) today announced plans to open a manufacturing plant in Ontario, Canada. According to the company press release, the facility will be capable of producing 200 megawatts (mWs) of solar modules each year and is expected to create 500 local manufacturing jobs. Investors responded positively, initially driving shares up about nine percent in early trading.

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