Canadian Solar signs solar module supply deal

CANADA, USA: Canadian Solar Inc said it had signed an agreement to supply 100 MW of solar modules to European solar energy company Fire Energy Group.

Canadian Solar, whose operations are largely based in China, said it would deliver the modules throughout 2011.

Fire Energy Group said it would use Canadian Solar's modules for a variety of rooftop and ground-mounted applications.

Canadian Solar shares were up a percent in pre-market trade. They had closed at $9.72 on Monday on Nasdaq