Canadian Solar Inc. signed a a 10-year supply contract with solar wafer maker LDK Solar Co., strengthening a two-year-old tie between the companies.
LDK is expected to ramp up production later this year.
The new supply deal, which is in addition to an agreement signed in October, calls for China-based LDK to supply 800 megawatts of solar [...]

Canadian Solar Inc. shares hit a new high after the maker of photovoltaic cells and modules lifted its 2008 revenue forecast, citing strong sales to German customers.
Canadian Solar rose as high as $49.24 before moving back to $47.59, up $5.13 or 12.1 percent, in afternoon trading.
The company, which also announced increased capital spending plans, expects [...]

Nothing but blue skies for shares of many solar products makers, as a Citi Investment Research analyst said prospects look good for continuation of government solar tax credits.
Analyst Timothy M. Arcuri said in a client note that his “contacts indicate the House Ways and Means Committee is likely to propose a new bill that will [...]