Canadian Solar

Canadian Solar Inc. (Nasdaq: CSIQ) is a leading global manufacturer of solar photovoltaic modules and provider of solar energy solutions. Founded in 2001 by Dr. Shawn Qu in Ontario, Canada, the company has grown to become one of the top solar panel producers worldwide, with a presence in over 160 countries and employing more than 13,500 people globally.

Canadian Solar offers a diverse range of solar panels and energy storage solutions for various applications, including residential, commercial, and utility-scale projects. The company's product line encompasses solar modules with outputs ranging from 300 to 600 watts and efficiencies between 19% and 21.3%. Canadian Solar also manufactures bifacial modules capable of generating up to 30% more energy by capturing light from both sides.

One of Canadian Solar's strengths lies in its excellent performance in low-light conditions, ensuring consistent energy production even on cloudy days or during winter months. The company's solar panels meet international quality and safety standards, offering reliable performance at competitive prices. Canadian Solar has an extensive global production footprint with 20 manufacturing facilities across Asia and the Americas.

As of 2023, Canadian Solar has developed more than 55 gigawatts (GW) of solar energy projects worldwide, cementing its position as a leading utility-scale solar PV project developer. The company has an impressive pipeline of 23.8 GW of solar projects and 27.5 GWh of energy storage projects under development.

In 2024, Canadian Solar was recognized with the Top Brand PV Award US for its excellence in the renewable energy industry, underscoring its strong reputation and the trust it has built among customers and business partners globally.

Key customers and partnerships

Canadian Solar has established partnerships and delivered solar energy solutions to customers across various industries and regions worldwide. The company's diverse customer base spans residential, commercial, and utility-scale sectors, solidifying its position as a trusted provider of solar power solutions.

In 2024, Canadian Solar expanded its joint venture partnership with BrightNight, surpassing their initial targets. The joint venture now encompasses a portfolio of 30 projects with a combined capacity of over 18 GW across nine states in the US, including the Box Canyon site in Pinal County, Arizona.