Canadian Solar (CSIQ) Trades Up on New Contracts

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01:00:48 am on July 8, 2008

Canadian Solar (CSIQ) traded up for the first time in nearly two weeks today, closing the day off the highs but up 4.75% on news that it has inked five new sales contracts totaling 14.9MW over the past 3 weeks from Arco Energy, AC Service, Ravano Green Power, Albatec and WSW.  CSIQ currently gets the majority (60%) of it’s business from Germany.

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