$10.330
-0.811 (-7.85%)At close
CSIQ News
CSIQ Events
Canadian Solar Subsidiary Launches 200MW Solar Project in Spain
Canadian Solar subsidiary Recurrent Energy announced the start of commercial operations at the Villameca Project, a solar portfolio located in the Region of Castilla y Leon, Spain. The Villameca Project is a solar PV plant with a capacity of 200 MWp and is expected to generate approximately 359,172 MWh of clean electricity annually, enough to power more than 100,000 homes and avoid approximately 57,000 tons of CO2 emissions each year. The project joins the recently inaugurated 426 MWp Rey Solar Project in Andalucia and the 315 MWp Tordesillas Project in Castilla y Leon, which is expected to be connected later this year. With these three projects, Recurrent Energy's total operational solar capacity in Spain is expected to reach approximately 1 GW by year-end. Through Recurrent Energy's Community CaRE program, it supports local development through community facilities, educational improvements, and social initiatives. The project also promotes biodiversity through habitat restoration, native vegetation planting, and measures to protect local wildlife. The Villameca Project is expected to be hybridized with battery energy storage systems.
Applix Inc. Borrow Rate Increases to 12.22%
Latest data shows the largest indicative borrow rate increases among liquid option names include: Applix Inc. (APLX) 12.22% +0.93, T-REX 2X LONG MSTR DAILY TARGET (MSTU) 17.18% +0.93, Direxion Daily 20 plus Year Treasury Bear 3X Shares (TMV) 45.22% +0.93, FingerMotion (FNGR) 32.41% +0.91, Canadian Solar (CSIQ) 2.40% +0.52, Ocugen (OCGN) 3.27% +0.50, InMode (INMD) 0.73% +0.46, Defiance Daily Target 2X Long RGTI ETF (RGTX) 34.44% +0.44, Defiance Daily Target 2X Long RKLB ETF (RKLX) 20.33% +0.33, and Americas Silver (USAS) 1.34% +0.32.
Significant Increases in Indicative Borrow Rates for Liquid Options
Latest data shows the largest indicative borrow rate increases among liquid option names include: Defiance Daily Target 2X Long RKLB ETF (RKLX) 22.07% +2.85, MiniMed Group Inc (MMED) 34.27% +1.60, DESTINY TECH100 INC (DXYZ) 1.77% +1.35, SES AI Corp (SES) 28.88% +0.76, TORM plc (TRMD) 1.37% +0.55, Direxion Daily 20 plus Year Treasury Bear 3X Shares (TMV) 45.25% +0.51, FingerMotion (FNGR) 33.32% +0.33, Velo3D Inc (VELO) 4.40% +0.31, Defiance 1.75x MSTR ETF (MSTX) 18.72% +0.24, and Canadian Solar (CSIQ) 1.91% +0.23.
Canadian Solar to Supply 100 MW Storage System for OX2
Canadian Solar announced that e-STORAGE, its energy storage solutions business, has signed an agreement to supply and commission a 100 MW/200 MWh battery energy storage system for OX2's Muswellbrook Solar Farm and Battery, a solar-plus-storage project in New South Wales, Australia. Shipments are scheduled to begin in Q3 2027, with commercial operation targeted for Q3 2028. The battery cells and SolBank system will be produced in-house at Canadian Solar's manufacturing facilities, giving the customer end-to-end supply chain visibility and ensuring strict quality control across the product. e-STORAGE will deliver an integrated solution built on SolBank 3.0 battery containers, paired with Power Conversion Systems, plant controls, and the Company's proprietary EQ-S Energy Management System developed and built in-house by e-STORAGE's North American software team. e-STORAGE will be responsible for the R1 grid connection studies, supply the hybrid power plant controller that coordinates the battery with the co-located solar farm, and lead the overall integration and commissioning of the hybrid project. The arrangement is backed by a 20-year long-term service agreement, placing hardware, proprietary software, and long-term performance under a single accountable partner. The project sits roughly 2.5 kilometers east of Muswellbrook, on land at a former coal mine within the Hunter-Central Coast Renewable Energy Zone. The location is significant: as the region's aging coal generators wind down toward retirement in the early 2030s, the dispatchable capacity they once provided must be replaced. Two-hour storage fills that gap directly, holding midday solar output and releasing it into the evening demand peak when supply from retiring thermal plants tightens. Once operational, the system will support the long-term hybrid power purchase agreement OX2 has signed for the project, converting variable solar output into firm, contracted supply. By storing and dispatching solar energy on demand, the BESS strengthens grid reliability in a region transitioning away from coal and helps deliver firm renewable power to the communities in the Hunter Region.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.