Canadian Solar - a company incorporated in Canada which does all of its manufacturing in China - has not been having a great time since going public a month ago and it has been noticed. It has basically fallen ever since - even 5.76% today.

Nevertheless, today they predicted for Q4 revenues of $24.5 million to $26 million.

There appears to be some concern about the slowing demand for solar in Germany - the world’s largest market. Of AEI’s 41 listed solar stocks, a full 17 of them are in Germany. So a downward shift in demand in Germany is a very, very big deal.

This entry was posted on Monday, December 11th, 2006 at 10:54 pm and is filed under Solar. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.