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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.