Connect with us

Technology

Canadian Solar Announces Leadership Change at Recurrent Energy

Published

on

KITCHENER, ON, July 6, 2026 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that Mr. Ismael Guerrero is stepping down from his position as Chief Executive Officer of Recurrent Energy, the Company’s global project development subsidiary. Mr. Dylan Marx has been appointed to assume leadership of the subsidiary, effective immediately.

To ensure a seamless transition, Mr. Guerrero will serve in a non-executive advisory capacity through December 31, 2026. Concurrently, Mr. Marx will step down from his role as Chief Operating Officer of Canadian Solar to focus on executing his new responsibilities at Recurrent Energy.

Colin Parkin, Chief Executive Officer of Canadian Solar, commented, “With more than 15 years of experience in global project development, Canadian Solar remains fully committed to supporting Recurrent Energy and working with our partners and stakeholders to generate long-term value.

Dylan’s deep knowledge of Recurrent Energy’s business, global perspective, and proven track record in operational oversight make him the right leader to guide Recurrent into its next phase. We thank Ismael for his service to the company and congratulate Dylan on his new appointment.”

About Canadian Solar Inc.

Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 25 years, Canadian Solar has successfully delivered nearly 177 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar had shipped over 20 GWh of battery energy storage solutions to global markets as of March 31, 2026, and had a $3.5 billion contracted backlog as of May 8, 2026. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12.2 GWp of solar power projects and 6.4 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 24 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements 

Certain statements in this press release, including those regarding the Company’s expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “may”, “will”, “expect”, “anticipate”, “future”, “ongoing”, “continue”, “intend”, “plan”, “potential”, “prospect”, “guidance”, “believe”, “estimate”, “is/are likely to” or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

View original content:https://www.prnewswire.com/news-releases/canadian-solar-announces-leadership-change-at-recurrent-energy-302818537.html

SOURCE Canadian Solar Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

J&T Express Average Daily Parcel Volume Exceeds 100 Million in the Second Quarter of 2026

Published

on

By

Southeast Asia Parcel Volume Up 63.2% YoY and Other Markets Parcel Volume Up 136.5% YoY

HONG KONG, July 8, 2026 /PRNewswire/ — J&T Global Express Limited (“J&T Express” or “J&T” or the “Company”, stock code: 1519.HK), a global logistics service provider, today announced its business update and operating metrics for the second quarter ended June 30, 2026. During the reporting period, the Company’s total parcel volume reached 9.177 billion, up 24.2% year-on-year (“YoY”), with average daily parcel volume reaching 101 million. The quarterly average daily parcel volume crossed the 100 million milestone, marking a new stage in the Company’s business development. Non-China parcel volume reached 2.966 billion, up 66.9% YoY, accounting for 32.3% of total parcel volume and representing an increase of 8.3 percentage points from the same period last year. For the first half of the year, the Company’s total parcel volume reached 17.503 billion, up 25.1% YoY, while non-China parcels accounted for 33.6%, an increase of 9.4 percentage points YoY. The Company maintained strong growth overall. Southeast Asia and other markets sustained high growth, China delivered steady growth, and the scale and operating capabilities of the global network continued to improve.

As a leading express logistics provider in Southeast Asia, J&T Express maintained strong growth in the region in the second quarter. Parcel volume in Southeast Asia reached 2.755 billion, up 63.2% YoY, with average daily parcel volume reaching 30.3 million. For the first half of the year, parcel volume in the region reached 5.523 billion, up 71.2% YoY. The Company continued to enhance regional fulfillment capabilities through network optimization and infrastructure investment. As of June 30, 2026, the number of sorting centers in Southeast Asia increased by 6 from the end of 2025 to 127, while automated sorting lines increased by 11 to 75, providing strong support for the region’s sustained robust e-commerce and express delivery demand.

In China, J&T Express adapted to industry changes by proactively adjusting its strategy and continuing to optimize its network structure, customer resources and operating efficiency. In the second quarter, parcel volume in China reached 6.211 billion, up 10.6% YoY, with average daily parcel volume reaching 68.2 million. In the first half of the year, automated sorting lines in China increased by 8 to 346, further supporting parcel volume growth and improved sorting efficiency.

In other markets, parcel volume in the second quarter reached 211 million, up 136.5% YoY, with average daily parcel volume reaching 2.3 million. The YoY growth rate further increased from the first quarter. The Company continued to capture e-commerce development and cross-border logistics opportunities in regions including Latin America and the Middle East, and deepened cooperation with global e-commerce platforms such as TikTok, TEMU, SHEIN and AliExpress, as well as local e-commerce platforms including Mercado Libre, further expanding its business opportunities in emerging markets. Along with business expansion, as of June 30, 2026, the number of outlets in other markets increased by about 700 from the end of 2025 to 2,700, and the number of sorting centers increased by 8 to 52, providing support for the rapid scale-up of business in other markets.

J&T Express’ global footprint and growth prospects continued to attract capital market attention. In June, the Company was included as a constituent of the Hang Seng Index, officially joining the ranks of Hong Kong blue-chip stocks, reflecting the market’s strong recognition of the Company’s business resilience and long-term value. The Company will continue to improve service quality and operating efficiency around customer needs, continue to invest in infrastructure and strengthen the development of its global logistics network, laying a solid foundation for long-term and steady development.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/jt-express-average-daily-parcel-volume-exceeds-100-million-in-the-second-quarter-of-2026-302820053.html

SOURCE J&T Express

Continue Reading

Technology

Federal Agencies and State Gaming Regulators to Participate in the 2026 Annual BSA/AML Gaming Conference

Published

on

By

LAS VEGAS, July 7, 2026 /PRNewswire/ — The BSA-AML Compliance Group is excited to share an early preview of the agenda for the Annual BSA/AML Gaming Conference, the most respected and comprehensive anti-money laundering compliance event for the gaming sector. The 2026 conference will be held at Planet Hollywood Resort & Casino in Las Vegas from September 14–17, opening with a dedicated “Fundamentals Day” on Monday, September 14 for newer professionals and those seeking a refresher in core BSA/AML principles, followed by the main conference program on September 15–17.

Senior Government Officials to Share their Insights

This year’s conference will once again feature a strong government presence, giving attendees direct access to the agencies at the front lines of financial crime enforcement, regulation, and policy. Participating federal agencies will include:

The U.S. Department of the Treasury

The Financial Crimes Enforcement Network (FinCEN)

IRS Criminal Investigation (IRS-CI)

IRS Small Business/Self-Employed Division (SB/SE) – BSA Examiners

The Federal Bureau of Investigation (FBI)

The U.S. Department of Homeland Security (DHS)

BSA Examiners and FinCEN will participate in the “Recent Trends and Focus of IRS Examinations and FinCEN Investigations” session. State gaming regulators will also be attending and participating, including the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement. Additional government and expert speakers will be announced in the weeks ahead.

Agenda Preview

While the full agenda is still being finalized, attendees can expect an early look at sessions on the following topics:

Hot Topics in BSA/AML Compliance

Law Enforcement Panel: What Criminal Agencies Are Seeing, and What You Should Know

Recent Enforcement Actions — Casino and Non-Casino

OFAC Sanctions Enforcement Issues

State and Tribal AML Enforcement and Compliance

Prediction Markets: What’s Happening, and How It Affects Your BSA/AML Compliance Program

New FinCEN Proposals for AML Program Requirements

Back-of-House AML Investigation Issues

Emerging Technology: Artificial Intelligence and BSA/AML Compliance

Recent Trends and Focus of IRS Examinations and FinCEN Investigations

The U.S. Department of the Treasury’s National Money Laundering Risk Assessment

More sessions will be added as the agenda is finalized.

Last year, more than 560 attendees from 40 states, six foreign countries, dozens of Native American tribes, and over 160 gaming entities attended, with overwhelmingly positive feedback regarding speaker access, practical insights, and networking.

“This year’s agenda reflects the issues compliance professionals are dealing with right now — from prediction markets and new FinCEN proposals to sanctions enforcement and law enforcement trends,” said Jim Dowling, Co-Founder of the BSA-AML Compliance Group. “With participation from the Treasury Department, FinCEN, IRS-CI, IRS SB/SE, the FBI, and DHS, along with gaming regulators from Nevada and New Jersey — and more announcements on the way — this year’s conference is shaping up to be our strongest program yet.”

To register for the 2026 conference, visit: https://bsaamlgamingconference.com

Kinectify, Inc., the leading provider of compliance technology for the gaming industry, is the exclusive Diamond Sponsor for the BSA/AML Gaming Conference. For more information about Kinectify, please visit https://www.kinectify.com

About the BSA-AML Compliance Group
The BSA-AML Compliance Group provides the gaming industry, FinTech companies, emerging payments companies, and financial institutions with expert-led training and education in anti-money laundering, sanctions compliance, and illicit finance prevention.

View original content to download multimedia:https://www.prnewswire.com/news-releases/federal-agencies-and-state-gaming-regulators-to-participate-in-the-2026-annual-bsaaml-gaming-conference-302820064.html

SOURCE BSA-AML Compliance Group LLC

Continue Reading

Technology

Tiger Research Report: Institutional RWA Adoption Moves Beyond Tokenization to Capital Market Infrastructure Overhaul

Published

on

By

SEOUL, South Korea, July 8, 2026 /PRNewswire/ — Tiger Research, a Seoul-based blockchain research firm, reports that institutional RWA tokenization has entered a new phase. The real transformation is not in placing assets onchain, but in reconstructing the clearing systems, settlement layers, and liquidity networks underpinning every institutional transaction.

According to rwa.xyz, onchain-issued assets reached approximately USD 34 billion as of May 2026, more than 20 times the USD 1.5 billion recorded in early 2020. Including represented assets, where ownership is recorded onchain while physical assets remain with custodians, the total rises to approximately USD 360 billion.

Tiger Research identifies four capital market verticals where onchain infrastructure is already operational. In short-term funding, Broadridge’s Distributed Ledger Repo platform, built on the Canton Network, processes USD 7.7 trillion in monthly settlement volume, with average daily volume of USD 368 billion as of April 2026. In securities settlement, the DTCC partnered with Digital Asset and received a no-action letter from the SEC in December 2025 to tokenize U.S. Treasuries, targeting an MVP in the first half of 2026. In capital raising, the Hong Kong government issued HKD 6 billion in digital green bonds through HSBC Orion in February 2024, compressing settlement from T+5 to T+1, with bonds deployed as repo collateral within days. In digital payments, Bitwave built a private B2B stablecoin infrastructure on Canton, integrating directly with enterprise ERP systems.

Tiger Research identifies three shared infrastructure requirements: transaction-level privacy, atomic settlement, and a public permissioned structure satisfying BCBS requirements. Permissionless blockchains carry risk weights of up to 1,250% under BCBS Group 2 classification, creating a significant balance sheet burden for regulated institutions.

To illustrate how these conditions are met, the report features Canton Network as a case study. Designed for institutional finance from the outset, Canton was developed by Digital Asset, which received investment from institutions including JPMorgan, Citi, Goldman Sachs, and DTCC. The firm drew on experience from projects such as the ASX settlement system replacement and the DTCC credit derivatives infrastructure rebuild in shaping Canton’s architecture. Canton embeds authorization and privacy at the smart contract level, limits validation to transaction parties, and enables atomic settlement without asset bridging.

Its Asia expansion is accelerating. In Korea, following STO legislation passed in January 2026, Hanwha Investment & Securities partnered with Digital Asset, while Shinhan Asset Management, Shinhan Securities, and KB Securities signed agreements with the Canton Foundation in June 2026. In Japan, JSCC, Nomura Holdings, and Mizuho Financial Group launched a proof-of-concept using Japanese government bonds. In Hong Kong, Canton has been integrated into the Central Moneymarkets Unit at the monetary authority level.

“Capital market infrastructure, once built, does not change easily,” said Seungsik Yoon, who leads Tiger Research’s Research Center and authored the report. “The gap between institutions that join while standards are still being set and those that try to catch up later only widens over time.”

Tiger Research concludes that regulatory clarity, institutional demand, and infrastructure maturity present the most favorable conditions yet for institutions evaluating onchain capital market infrastructure.

The full report, Below the Surface: How Canton Network Is Reshaping Capital Market Infrastructure, can be accessed [here].

About Tiger Research

Tiger Research is an independent research institution covering digital asset markets across Asia. Founded in 2022, Tiger Research has helped projects shape and distribute their narratives as one of Asia’s most referenced sources of blockchain intelligence and institutional connectivity. Its reports, published in five languages, reach 100,000 monthly subscribers and more than 200 institutional clients, including banks, asset managers, and enterprises.

View original content:https://www.prnewswire.com/apac/news-releases/tiger-research-report-institutional-rwa-adoption-moves-beyond-tokenization-to-capital-market-infrastructure-overhaul-302819356.html

SOURCE Tiger Research

Continue Reading

Trending