Sunday, February 24th, 2019

Canadian Solar expects retroactive EU duties on solar imports

By Swetha Gopinath (Reuters) – Canadian Solar Inc reported a bigger-than-expected quarterly loss and said retroactive duties on China-made solar products by the European Commission could reverse a pick-up in demand for its products in the continent. The stock of the company, most of whose manufacturing operations are in China, fell 12 percent to a two-month low of $3.28 on the Nasdaq on Monday. Shares of Yingli Green Energy Holding Co Ltd , LDK Solar Co Ltd and Jinkosolar Holding Co Ltd also fell. …

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