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News Brief | July 2014

Canadian Solar eyes INdia FORAY

Canadian Solar, the world´s third largest solar photovoltaic cell manufacturer, is looking to have a manufacturing base in India. It is currently in talks with the Hyderabad-based Solar Semiconductor for a possible takeover of the company. The $1.6-billion Nasdaq-listed Canadian Solar, which has manufacturing facilities in Canada and China, has been among the leading suppliers of PV modules to solar power projects in India. One of the more recent of its supplies was to the 2.1-MW solar plant built on the airside of the Delhi International airport.
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