371 replies to this topic

[pg6solar]

Interesting comment regarding stock's (CSIQ) performance - best on NASDAQ in 2013. He also hinted about market's skepticism on their Japan and China pipeline by stating "will see how stock will perform" (ala 2013?). Also earlier said that they expect to be the most profitable in terms of EPS of any solar (including FSLR and SPWR). 

[odyd]

Also earlier said that they expect to be the most profitable in terms of EPS of any solar (including FSLR and SPWR).

 

I hope so as they are already

[pg6solar]

Yes, I think they should have changed the slide of being the 3rd largest to the 1st in terms of absolute net profit as well as EPS. Very impressed with his answers in Q&A.  

[odyd]

Sounds like he is confirming UK projects to be described in Q1. I think the CEDR supports 40MW. I am surprised by the 20% GM in China.

I am not surprised that power efficiency is going to provide for pricing power. up to 20% efficiency only affordable to few.

[odyd]

Looks like ended without conclusion. I wish someone asked better questions, but it appears they have asked about yield co and will be talked about it in March as management is working on a plan. 

[pg6solar]

I am not surprised that power efficiency is going to provide for pricing power. up to 20% efficiency only affordable to few.

 

Hopefully it will come soon enough before "they" have a chance to do "2012" to CN4 again - as Ed said, "they" were valuing CSIQ's $2B pipeline at only $100M Market Cap then.

[pg6solar]

He believes that eventually DG takes over Utilities (when storage becomes affordable). (Does it mean FSLR will eventually die unless they acquire someone?).  

[odyd]

I think, not sure, that he almost suggests ASP to reverse in the middle of 2015. This could be the point of demand/supply tipping to demand exceeding it. How is this market acting toward such a n important indicator? It does not.

10GW in Japan in 2015, I see that too, same pace as 2014, but I did not see 3-4GW in Q1. There is not rush mechanism in Japanese FiT program, as all approved of 51GW have FiT, unless the 180 days creates extra expediency for all. Awesome.

[odyd]

He believes that eventually DG takes over Utilities (when storage becomes affordable). (Does it mean FSLR will eventually die unless they acquire someone?).  

Yes, that is futuristic view, I think that view would have to increase solar to some 50% of electricity generation globally from 0.5%.

[Pop2mollys]

This is an update from Canadian's customer. I find it excellent.
http://www.marketwir...etx-1982704.htm
Note the expediency for some projects to come up 5 months earlier. I think this is the METI's 180 days rule in play for equipment and construction start. This means that some of Canadian projects could be moved ahead in their timelines.

Great find odyd!

[Pop2mollys]

Ed says in Japan Q1 will be 3 to 4GW alone out of 10GW in 2015. That is a wow moment.

Beautiful.

[Pop2mollys]

Sounds like he is confirming UK projects to be described in Q1. I think the CEDR supports 40MW. I am surprised by the 20% GM in China.
I am not surprised that power efficiency is going to provide for pricing power. up to 20% efficiency only affordable to few.

UK project confirmed. You were spot on with that assumption. Late stage Pipeline to be extended in US, Japan, UK, and China.

Also CSIQ expecting upwards of 60GW in 2015. If this happens we will see demand surpassing supply and more than likely a pop in ASP atleast short term. Love their target of .40/watt for in house costs for 2017.

[Pop2mollys]

Looks like ended without conclusion. I wish someone asked better questions, but it appears they have asked about yield co and will be talked about it in March as management is working on a plan.

So it went from we are still deciding what we want to do to management is formulating a plan for Yieldco launch.

[odyd]

It is an assumption of mine, not hearing the question, but interpretting it from the answer. It could be hundred other things to be honest. The only reason I assumed it was about yield, was the word "plan". I realize there is no evidence whether they have plan to announce yield co or it was a comment about Ed's salary, so please disregard my first interpretation.

[Makan]

Yes, we should stick to facts and not start FED watching of things that might have been meant. Most significant facts were that they expect Japan be strong at 9-10 GW this year and that China projects would yield 20-25% GM. 

[Pop2mollys]

I sent Ed an email asking him what question as we couldn't hear any if them.

[Pop2mollys]

Yes, we should stick to facts and not start FED watching of things that might have been meant. Most significant facts were that they expect Japan be strong at 9-10 GW this year and that China projects would yield 20-25% GM.

I emailed ed and he got back to me in less than 2 hours. I asked him about UK and last question asked in webcast. Here is response....


Pete:

We are developing a pipeline in the UK, as we disclosed on the Q3 call it is
~40MW++... Last Question was in regards to yield co and management is currently formulating a plan and will give more details next call.

Regards,

Ed Job, CFA
Director, Investor Relations

Canadian Solar Inc.,
NASDAQ: CSIQ

[polarsparkie]

I didn't listen to the call, did anyone mention anything about the sharp/rec mystery?

[Tibilorio]

Sorry pop....what does 40Mw ++ means?
Much moré than 40 MW.?

[Tibilorio]

Did ED say that csiq will connect 100 MW in china in 2015 Q1?
And something about 300 MW in japan?