This Week in Solar
The week in solar was dominated by testimony before the U.S. International Trade Commission, which took place Tuesday. I won't rehash my article from earlier this week, but industry observers and investors should know there's a reasonable likelihood that solar imports will be hit with tariffs or a price floor by the end of the year, which could throw the industry for a loop. Until we know more details, it's hard to tell what the exact impact on each company will be.
We also got an earnings report from Canadian Solar (NASDAQ: CSIQ), which did very little to reinforce the seemingly bullish trends taking place in solar demand. Margins were pretty weak at the manufacturer, and third-quarter shipments aren't expected to be as strong as I would have thought. As more reports come out, we'll get a better idea of what the manufacturing landscape looks like. Beyond earnings and ITC testimony, here are the notable news items for the week.
Source: Fool.com
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