Canadian Solar is expecting stronger results for 2015, with revenues in the range of $3.35bn to $3.4bn up from $3.28bn to $3.33bn previously.
The results, which will be released on 10 March, are expected to show the company’s total solar module shipments to be 4.63GW to 4.68GW compared with previous expectations of 4.15GW to 4.2GW.
Canadian Solar chairman and chief executive officer Shawn Qu (pictured) said: “Our stronger than expected results reflect continued health and robust demand in the global solar market.
“We continue to execute to our business strategy, which balances the rapid expansion of our utility-scale solar power project pipeline, and the sustained global leadership of our solar module business.
“We expect the growth of global solar demand to continue based on the compelling environmental and cost advantages solar energy offers and its low single-digit penetration rate of the worldwide energy market.”
Image: Canadian Solar
