Canadian Solar Surges on Wafer Production Joint Venture in China
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Canadian Solar Inc., a Chinese maker of solar panels, rose the most in more than two months after it formed a joint venture with GCL-Poly Energy Holdings Inc. to build a 600-megawatt solar wafer plant.
Canadian Solar rose 62 cents, or 6.7 percent, to $9.90 at 10:06 a.m. in Nasdaq Stock Market trading, the biggest intra-day gain since March 15.