Canadian Solar (CSIQ +4.5%) says it will decide within months whether it will build a 700MW...

|About: Canadian Solar Inc. (CSIQ)|By:, SA News Editor

Canadian Solar (CSIQ +4.5%) says it will decide within months whether it will build a 700MW Chinese solar cell plant. CSIQ has a heavy debt load, and industry conditions makes this a less-than-ideal time for such an investment, but CSIQ is hoping the high efficiency of the cells it plans to produce will justify the outlay. Also, the Chinese government has been generous in supporting local manufacturers.