Canadian Solar Slides on Low Forecast and Yieldco Indecision

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  • Instead of forming a yieldco, some power plants may be sold
  • Company expect panel shipments to incrase 15% in 2016

Canadian Solar Inc. dropped the most in two months after the company issued a lower-than-expected sales forecast for the year and said it’s still on the fence about forming a yieldco to buy some of its $2.5 billion in power projects.

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