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Canadian Solar Inc. shares rise 1.05% premarket after SolarBank's 7.2 MW Hoadley Hill Project cleared key regulatory milestone.
ByAinvest
Wednesday, Jul 9, 2025 4:10 am ET1min read
Canadian Solar Inc. rose 1.05% in premarket trading, with the company's stock price increasing despite recent political pressure on sustainable-energy companies. The rise in stock price may be attributed to the company's recent announcement that its 7.2 MW Hoadley Hill Road ground-mount solar project in upstate New York has officially cleared a key milestone: the Coordinated Electric System Interconnection Review (CESIR). This regulatory green light paves the way for the next major steps, including securing full site permits, financing, and preparing for construction.
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