Canadian Solar Reports 9% Annual Growth In 2020 Revenues

Canadian Solar Increased 2020 Annual Revenues By 9% Pocketing $147 Million Net Income; Planned STAR Market Listing On Track; Solar Project Pipeline Swells To Over 20 GW & Strong 2021 Guidance

Canadian Solar exited 2020 with an annual growth of 9% in its net revenues that added up to $3.5 billion, and net income of $147 million. It was also the year when it shipped 11.3 GW modules, reflecting an increase of 32% on annual basis.

Daqo Releases 2020 Revenue & Net Profit Guidance

Xinjiang Daqo New Energy Expects Net Profit Of RMB 0.95 Billion To RMB 1.05 Billion For 2020; Company Offers Revised Guidance For Polysilicon Production & Sales For Q4/2020 & 2020

Chinese polysilicon supplier Daqo New Energy expects full year 2020 revenues to fall into the range of RMB 4.5 billion to RMB 4.7 billion ($696 million to $727 million) while its net profit expectation is within RMB 0.95 billion to RMB 1.05 billion ($147 million to $162 million).

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