Wednesday, Canadian Solar (CSIQ) announced that it has entered into a sales contract with Fire Energy Group. As per the terms of contract, shipments started in January, with Canadian Solar expected to supply 60MW of PV modules to Fire Energy in 2010.
Fire Energy Group will use its global reach to promote Canadian Solar's PV products in Spain, Germany, Italy, the U.S., the Czech Republic, Morocco and China.
Commenting on the sales contract Chairman and CEO of Canadian Solar Shawn Qu said " We are pleased to work with Fire Energy Group, one of the largest PV system integrators in Europe. Canadian Solar's global leadership, scale, cost leverage and proven quality record put us in the enviable position of being able to work with the best partners in each local market. In the case of Fire Energy, the contract calls for a 60MW purchase commitment, which we are confident we will deliver to Fire Energy based on their existing orders and customer growth indications."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.