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CANADIAN SOLAR (NASDAQ: CSIQ) STOCK QUOTE

Last Trade: US$16.18 -0.27 -1.64
Volume: 1,072,439
5-Day Change: -8.17%
YTD Change: -38.31%
Market Cap: US$1.070B

LATEST NEWS FROM CANADIAN SOLAR

GUELPH, ON , June 18, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present the new three-phase EP Cube and EP Cube Twin Peak at Intersolar in Munich, Germany , on June 19-21, 2024 . This expansion of the successful EP Cube residential energy storage line aims to enhance home storage adoption across Europe , accommodating diverse residential... Read More
GUELPH, ON , June 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its first portfolio of Japan's feed-in premium (FIP) PV projects began commercial operation on June 1, 2024 . The projects that have reached commercial operation include a 1.2 MWp project in Tsukuba City, Ibaraki Prefecture and a 1.9 MWp project in Daisen Town, Tottori Prefecture. Both... Read More
GUELPH, ON , June 13, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R. Horton to offer its solar and energy storage products across communities in California . Under the agreement, Canadian Solar will provide a total home energy battery back-up solution, which includes both its high-efficiency solar... Read More
GUELPH, ON , June 10, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the inauguration of the 446 MWp / 360 MWac Marangatu Solar Complex in Brasileira, Brazil . SPIC owns 70% of the project, while Recurrent Energy owns the remaining 30%. Developed by Recurrent Energy,... Read More
NEW YORK and GUELPH, ON , June 3, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the initial closing and funding of an investment in Recurrent Energy 's platform by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The initial... Read More
GUELPH, ON , May 31, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced the release of its 2023 Sustainability Report. This report showcases the Company's ongoing progress and achievements in its environmental, social, and governance (ESG) initiatives. The sustainability disclosures in this report are aligned with global standards set by the SASB (the Sustainability... Read More
The revolving credit facility will provide flexible financing for the construction of solar and battery energy storage projects across Spain , Italy , the United Kingdom , the Netherlands , France , and Germany GUELPH, ON , May 23, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, today announced... Read More
GUELPH, ON , May 9, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2024 . Highlights Solar module shipments of 6.3 GW, in line with guidance of 6.1 GW to 6.4 GW. Net revenues of $1.3 billion , in line with guidance of $1.2 billion to $1.4 billion . 19.0% gross margin, at the high end of 17% to 19% guidance... Read More
GUELPH, ON , May 8, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has won three battery energy storage system ("BESS") projects, totaling 193 MW, in Japan's first Long-Term Decarbonization Power Source Auction ("LTDA"). The winners of this auction were announced on April 26, 2024 , with the Company securing a 13.3% of the total awarded energy storage... Read More
GUELPH, ON , April 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has won Environmental Finance's Green Project Bond of the Year award for its JPY 18.5 billion green samurai private placement. Canadian Solar completed its three-year, JPY 18.5 billion ( $120 million ) private placement in 2023. The innovative bond enhances liquidity and flexibility,... Read More
GUELPH, ON , April 26, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced the filing of its annual report on Form 20-F for the year ended on December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC"). The annual report on Form 20-F can be accessed on the Company's Investor Relations website at www.canadiansolar.com or on the SEC's website at... Read More
GUELPH, ON , April 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has recently been awarded a Silver rating from EcoVadis, one of the world's largest and most trusted providers of business sustainability ratings, headquartered in Paris, France . The rating score also placed Canadian Solar in the top 5% of companies rated by EcoVadis within the company's... Read More
GUELPH, ON , April 16, 2024 /PRNewswire/ -- Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, May 9, 2024 , at 8:00 a.m. U.S. Eastern Time ( 8:00 p.m. , May 9, 2024 , in Hong Kong ) to discuss the Company's first quarter 2024 results and business outlook. The dial-in phone number for the live audio call is +1-800-717-1738 (toll-free from the... Read More
GUELPH, ON , April 15, 2024 /PRNewswire/ -- Recurrent Energy , a global developer and owner of solar and energy storage assets, announced today that it has secured 343 million Brazilian reais (approximately $70 million ) of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil . The 152 MWp Jaiba III project will be financed over a 22-year period spanning both... Read More
GUELPH, ON , April 3, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, today announced that it has secured a multi-currency facility of up to €110 million ( $120 million ) from a group of international banks led by Investec Bank Plc. The facility consists of a €55 million term loan and a €55... Read More
GUELPH, ON , March 28, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today issued the following comment: Canadian Solar recently became aware that Maxeon Solar Pte. Ltd. ("Maxeon") has filed a patent infringement lawsuit against Canadian Solar, Inc. in the U.S. District Court in the Eastern District of Texas , entitled Maxeon Solar Pte. Ltd. v. Canadian Solar, Inc. , Civil... Read More
GUELPH, ON , March 20, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, announced today the acquisition of a solar PV portfolio in the south of Spain with a capacity of more than 420 MWp. Recurrent Energy currently has projects in various stages of development in Spain and expects to start... Read More
GUELPH, ON , March 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2023 . Fourth Quarter and Full Year 2023 Highlights 26% increase in solar module shipments year-over-year ("yoy") to 8.2 GW, above guidance range of 7.6 GW to 8.1 GW. Record full year solar module shipments of 30.7 GW by... Read More
GUELPH, ON , March 4, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and Sol Systems, a leading renewable energy company based in Washington, D.C. , announced today a partnership to scale new solar module production and procurement in the United States . Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly... Read More
GUELPH, ON , Feb. 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today its pivotal role in powering the Super Bowl LVIII that was held at Allegiant Stadium in Las Vegas, Nevada on February 11, 2024 . The first-ever Super Bowl to be powered entirely by renewable energy, this historic event sourced electricity from the Arrow Canyon solar and energy storage project in... Read More
GUELPH, ON , Feb. 27, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, announced today that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico . Recurrent owns 49 percent of the Horus Solar project, while Korea... Read More
GUELPH, ON , Feb. 15, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has been awarded the " Top Brand PV Award USA 2024" by EUPD Research, a globally renowned authority in market research. This accolade stands as the epitome of recognition and prestige in the global PV industry, symbolizing reliability and trust within target customer groups and among... Read More
GUELPH, ON , Feb. 14, 2024 /PRNewswire/ -- Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, March 14, 2024 , at 8:00 a.m. U.S. Eastern Time ( 8:00 p.m. , March 14, 2024 , in Hong Kong ) to discuss the Company's fourth quarter and full year 2023 results and business outlook. The dial-in phone number for the live audio call is +1-877-704-4453... Read More
GUELPH, ON , Feb. 6, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, announced today that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Morehouse Parish in Northeast Louisiana . The project is currently under construction and is expected... Read More
NEW YORK and GUELPH, ON , Jan. 23, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, announced today that Recurrent Energy B.V. has secured a $500 million preferred equity investment commitment, convertible into common equity, from BlackRock through a fund managed by its Climate Infrastructure... Read More
GUELPH, ON , Jan. 8, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE , which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will deliver 220 MWh DC of energy storage solutions to a standalone energy storage project owned by Epic Energy in Mannum, South Australia . The Mannum project is being developed by... Read More
GUELPH, ON , Jan. 8, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that Recurrent Energy , a global developer and owner of solar and energy assets, completed the sale of its 100 MW/200 MWh Mannum energy storage project in South Australia to Epic Energy. Mannum energy storage is the third project that Recurrent Energy has sold to Epic Energy, a South... Read More
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GUELPH, ON , Dec. 12, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE , which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will launch SolBank 3.0 , the latest iteration of its utility-scale energy storage... Read More
GUELPH, ON , Dec. 7, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been awarded by Copenhagen Infrastructure Partners Flagship Funds, a supply and integration contract for a 500 MW / 1,170 MWh DC of energy storage solutions for its Coalburn 1 Project,... Read More
GUELPH, ON , Dec. 6, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced its majority-owned e-STORAGE will deliver 226 MWh DC of turnkey energy storage solutions to ENGIE in the UK ( Scotland ). e-STORAGE will construct the two energy storage projects, each with a capacity of 56.5 MW / 113 MWh DC in Cathkin and Broxburn, Scotland , UK. Both sites will be connected to... Read More
GUELPH, ON , Nov. 27, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been selected as the preferred supplier for Engineering, Procurement, and Construction ("EPC") and Operations and Maintenance ("O&M") by Copenhagen Infrastructure Partners (CIP) to... Read More
GUELPH, ON , Nov. 22, 2023 /PRNewswire/ -- Recurrent Energy , a global developer and owner of solar and energy storage assets, announced today that it has fully received 490 million Brazilian reais (approximately US$100 million ) of non-recourse project financing for its 300 MW Ciranda Solar Power Cluster (Ciranda Cluster) in Brazil . Completed in August 2023 , Ciranda Cluster was developed by Recurrent Energy, who is now... Read More
GUELPH, ON , Nov. 14, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the third quarter ended September 30, 2023 . Third Quarter Highlights 39% increase in solar module shipments year-over-year ("yoy") to 8.3 GW. Net revenues of $1.85 billion , with a 16.7% gross margin, and net income attributable to Canadian Solar of $0.32 per diluted share.... Read More
GUELPH, ON , Nov. 9, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), headquartered in Guelph, Ontario , today announced that it is establishing a 5 GW s olar PV wafer production facility in Chonburi, Thailand . Canadian Solar is building a state-of-the-art solar photovoltaic N-type wafer manufacturing plant with an annual output of 5 GW, which is slated to begin production in... Read More
GUELPH, ON , Oct. 30, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), headquartered in Guelph, Ontario , today announced that it is establishing a 5 GW Solar PV cell production facility at the River Ridge Commerce Center in Jeffersonville, Indiana . Canadian Solar is building a state-of-the-art solar photovoltaic cell manufacturing plant with an annual output of 5 GW, equivalent... Read More
GUELPH, ON , Oct. 26, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been awarded a supply and integration contract for 1 GWh DC of energy storage solutions for DEPCOM Power, Inc. and Tucson Electric Power (TEP) in Arizona . e-STORAGE will deliver its... Read More
GUELPH, ON , Oct. 18, 2023 /PRNewswire/ -- Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Tuesday, November 14, 2023 , at 8:00 a.m. U.S. Eastern Time ( 9:00 p.m. , November 14, 2023 , in Hong Kong ) to discuss the Company's third quarter 2023 results and business outlook. The dial-in phone number for the live audio call is +1-877-704-4453... Read More
GUELPH, ON , Oct. 17, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced the successful placement of a JPY 18.5 billion green samurai private placement ("private placement"). Goldman Sachs Japan Co., Ltd. ("GS"), was the lead arranger and sole book runner with the domestic bond investors. The private placement has a 3-year tenor with a mix of both semi-annual fixed... Read More
GUELPH, ON , Oct. 11, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has been awarded the " Sustainability Reporting of the Year – Global " as part of Environmental Finance's 2023 Sustainable Company Awards. This award recognized Canadian Solar's efforts in providing transparent, comparable, and comprehensive sustainability reporting which enables its... Read More
GUELPH, ON , Sept. 28, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has completed the sale of its 17.5 MWp Hiroshima Suzuhari operational project located in Hiroshima prefecture, to a private Japanese fund. The project had been owned by the Japan Green Infrastructure Fund ("JGIF") since 2021 and was financed through the issuance of a Green Project Bond... Read More
GUELPH, ON , Sept. 20, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has successfully finalized approximately 4 GWp of solar module contracts during the 2023 RE+ show in Las Vegas . The contracts are expected to be serviced by both its upcoming Texas factory and its expanded Thailand module factory. "Our cost competitive TOPBiHiKu7 bifacial TOPCon module... Read More
GUELPH, ON , Sept. 19, 2023 /PRNewswire/ -- Recurrent Energy , a global developer and owner of solar and energy storage assets, announced today that it has closed project financing for its 134 MW (100 MWac) Liberty Solar project. The project is currently under construction in Liberty County, Texas , about 50 miles northeast of Houston , and is expected to reach operation in 2024. Rabobank acted as the Coordinating Lead... Read More
EP Cube Lite is a more affordably priced version of EP Cube that will significantly improve the financial benefits for American households installing integrated solar and battery storage systems LAS VEGAS , Sept. 12, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today launched the EP Cube Lite , a new grid-tied energy storage solution, in the North American market at RE+ in Las... Read More
GUELPH, ON , Sept. 11, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced it has recently received the "Canadian Solar TOPCon Technology Review Report" ("Report") from DNV, an esteemed independent third-party expert in product certification, risk management, and assurance. DNV was founded in Oslo, Norway in 1864. In this comprehensive technology review, DNV evaluated... Read More
GUELPH, ON , Aug. 31, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that Recurrent Energy , its wholly-owned subsidiary for global project development and power services, secured $112 million in project financing for its 160 MW (120 MWac) North Fork Solar project, located 100 miles southwest of Oklahoma City . NordLB acted as Coordinating Lead Arranger and Joint... Read More
GUELPH, ON , Aug. 22, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2023 . Highlights Record quarterly net income attributable to Canadian Solar of $170 million or $2.39 per diluted share, compared to net income of $84 million , or $1.19 per diluted share, in the first quarter of 2023, and net income of $74... Read More
GUELPH, ON , Aug. 17, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE , which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will deliver 1,200 MWh (1,519 MWh DC nominal) of energy storage solutions to Recurrent Energy's Papago Storage project in Arizona . Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, is... Read More
Papago Storage will be the largest standalone energy storage project in Arizona GUELPH, ON , Aug. 16, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that Recurrent Energy , its wholly-owned subsidiary for global project development and power services, secured a 20-year tolling agreement with Arizona Public Service Company ("APS") for Papago Storage, a 1,200 MWh... Read More
SAN DIEGO and GUELPH, ON , Aug. 9, 2023 /PRNewswire/ -- Canadian Solar Inc. (NASDAQ: CSIQ) and EDF Renewables North America today announced the signing of a multi-year module supply agreement to deliver up to 7-gigawatts (GW) of high efficiency N-type TOPCon solar modules to be produced at Canadian Solar's new factory in Mesquite, Texas . Under the agreement, Canadian Solar will be supplying its latest high efficiency N-Type... Read More
GUELPH, ON , July 31, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announces the release of its 2022 Sustainability Report, which highlights the Company's progress toward advancing its sustainability strategy from an environmental, social, and governance (ESG) perspective. The sustainability disclosure in this report are aligned with global standards set by the TCFD (Task... Read More
GUELPH, ON , July 26, 2023 /PRNewswire/ -- Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Tuesday, August 22, 2023 , at 8:00 a.m. U.S. Eastern Daylight Time ( 8:00 p.m. , August 22, 2023 , in Hong Kong ) to discuss the Company's second quarter 2023 results and business outlook. The dial-in phone number for the live audio call is +1-877-704-4453... Read More
GUELPH, ON , July 19, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has entered into a multi-year investment agreement with the municipal government of Hohhot, in Inner Mongolia, China , to invest and execute on its previously announced capacity expansion and vertical integration plans. The... Read More
Guelph, ON , July 17, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced that, in connection with the initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), CSI Solar has issued an additional 81,158,500 shares at the IPO price of RMB11.10 per share to cover over-allotments. As a result, CSI Solar has raised additional gross... Read More
GUELPH, ON , July 14, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced Mr. Jianyi Zhang's retirement as the Company's Chief Legal Officer, Chief Compliance Officer and Corporate Secretary, effective immediately. During his seven years at Canadian Solar, Mr. Zhang championed business integrity and led our legal team to excellence in complex matters in Canadian... Read More
e-STORAGE, a subsidiary of CSI Solar, deploys leading-edge, flexible, turnkey energy storage solutions across the globe GUELPH, ON , July 10, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and its majority-owned subsidiary CSI Solar (SSE: 688472), today announced the re-branding of e-STORAGE, CSI Solar's utility-scale battery energy storage subsidiary and platform. With e-STORAGE,... Read More
GUELPH, ON , June 28, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual Meeting of Shareholders on June 28, 2023 . Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: 1. The election of Dr. Shawn (Xiaohua) Qu , Dr. Harry E. Ruda , Mr. Andrew ( Luen Cheung) Wong , Mr. Lap Tat Arthur... Read More
GUELPH, ON , June 26, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that Recurrent Energy , its wholly-owned subsidiary for global project development and power services, has secured a €150 million multicurrency facility with Santander Corporate & Investment Banking (Santander CIB). The facility will support Recurrent Energy's growth and strategy to retain... Read More
GUELPH, ON , June 15, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), headquartered in Guelph, Ontario , today announced that it is establishing a solar PV module production facility in Mesquite, Texas . Canadian Solar is building a state-of-the-art solar photovoltaic module manufacturing plant with an annual output of 5 GW, equivalent to approximately 20,000 high-power modules... Read More
GUELPH, ON , June 13, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present EP Cube at Intersolar, one of th e world's leading solar energy exhibitions in Munich, Germany , on June 14-16, 2023 . EP Cube is an all-in-one energy storage solution for residential applications. After the successful launch in North America in September 2022 and Spain and... Read More
GUELPH, ON , June 9, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has completed its initial public offering ("IPO") process and its shares started trading on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 9, 2023 under the stock code 688472. In the IPO, CSI Solar issued... Read More
GUELPH, ON , June 8, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has entered into a supply agreement with Unibal, a joint venture between Union Group and Capbal Limited, to deliver battery storage systems for two projects totaling 40 MWh in the United... Read More
GUELPH, ON , June 7, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") will be listed on Shanghai Stock Exchange's Sci-Tech Innovation Board on June 9, 2023 under the stock code 688472. The shares of CSI Solar will not be and have not been registered under the Securities Act of 1933 and may not be... Read More
GUELPH, ON , June 1, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage a subsidiary of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has entered into an agreement to deliver 49.5MW/99MWh of turnkey battery energy storage solutions to a leading European specialist in solar energy development, production and storage, Cero... Read More
GUELPH, ON , May 31, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announces that it has completed the sale of its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar project located in Fukushima prefecture to Japanese investors arranged by Mizuho Securities Co., Ltd ("Mizuho Fund"). Canadian Solar expects to recognize the revenue from the transaction in the second... Read More
GUELPH, ON , May 30, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that, in connection with the proposed initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") on the Sci-Tech Innovation Board of the Shanghai Stock Exchange, the Shanghai Stock Exchange has announced the pricing of the IPO of CSI Solar's shares. CSI... Read More
GUELPH, ON , May 22, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that, in connection with the proposed initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") on the Sci-Tech Innovation Board of the Shanghai Stock Exchange, the exchange has posted CSI Solar's updated IPO prospectus, including an indicative IPO... Read More
GUELPH, ON , May 18, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2023 . Highlights 66% increase in solar module shipments year-over-year ("yoy") to 6.1 GW, in line with guidance of 5.9 GW to 6.2 GW. 36% increase in revenue yoy to $1.7 billion , in line with guidance of $1.6 billion to $1.8 billion . 18.7%... Read More
GUELPH, ON , May 17, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will deliver 363 MWh of battery energy products to an Aypa Power project in Texas . The project is expected to reach commercial operation by Q2 2024. The supply agreement announced today... Read More
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Recurrent Energy is developing Liberty Solar, located in the MISO South region of Texas , and anticipates the project to start producing renewable electricity by 2024 GUELPH, ON and HOUSTON , May 15, 2023 /PRNewswire/ -- Recurrent Energy, LLC ("Recurrent"), a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar")... Read More
GUELPH, ON , April 24, 2023 /PRNewswire/ -- Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, May 18, 2023 , at 8:00 a.m. U.S. Eastern Daylight Time ( 8:00 p.m. , May 18, 2023 , in Hong Kong ) to discuss the Company's first quarter 2023 results and business outlook. The dial-in phone number for the live audio call is +1-877-704-4453... Read More
GUELPH, ON , April 18, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced the filing of its annual report on Form 20-F for the year ended on December 31, 2022 with the U.S. Securities and Exchange Commission ("SEC"). The annual report on Form 20-F can be accessed on the Company's Investor Relations website at www.canadiansolar.com or on the SEC's website at... Read More
GUELPH, ON , April 11, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced its majority-owned subsidiary CSI Solar Co., Ltd.'s ("CSI Solar") 2024 capacity expansion plans. Namely, by the end of Q1 2024, CSI Solar intends to add 30 GW of ingot, 15 GW of wafer, 10 GW of cell and 25 GW of module capacity. Expected period-end capacities are updated as follows. Solar... Read More
GUELPH, ON , April 10, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces the rebranding of its wholly owned Global Energy subsidiary as Recurrent Energy. Recurrent Energy, previously the Company's North American utility-scale solar and energy storage project developer, will now encompass all its global development and services businesses. As a global development and... Read More
GUELPH, ON , March 21, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2022 . Fourth Quarter 2022 Highlights 68% increase in solar module shipments year-over-year ("yoy") to 6.4 GW, above guidance range of 6.0 GW to 6.3 GW. 29% increase in revenue yoy to $1.97 billion , above guidance range of... Read More
GUELPH, ON , March 7, 2023 /PRNewswire/ -- Canadian Solar Inc. (the " Company ," or " Canadian Solar ") (NASDAQ: CSIQ) announced today that three of its solar power projects in Japan , Oita Kitsuki, Gunma Takasaki, and Yamaguchi Hofu, totaling 42 MWp, reached commercial operation in the first quarter of 2023. All three projects are powered by Canadian Solar bifacial BiHiKu modules , and the energy generated is being... Read More
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GUELPH, ON , March 6, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that six of its photovoltaic solar projects totaling 685 MW located in the Andalucía and Castilla y León regions of Spain received favorable Environmental Impact Assessments (EIA) from the Spanish... Read More
GUELPH, ON , Feb. 27, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announces that Canadian Solar EMEA Capital Markets, S.A.U. (" Canadian Solar EMEA "), an indirectly wholly-owned subsidiary of Canadian Solar incorporated in Spain , registered on February 24, 2023 its € 100 million medium term note program in the MARF (a Spanish multilateral trading facility). Any payment under... Read More
GUELPH, ON , Feb. 24, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today preannounced selective preliminary unaudited results for the fourth quarter of 2022 and its preliminary business outlook for the first quarter of 2023. For the fourth quarter of 2022, Canadian Solar expects total module shipments recognized as revenues by CSI Solar to be approximately 6.4 GW, exceeding the... Read More
GUELPH, ON , Feb. 23, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been selected to provide 487 MWh of SolBank energy storage products to Aypa Power, a Blackstone portfolio company that develops, owns and operates utility-scale energy storage and hybrid... Read More
GUELPH, ON , Feb. 21, 2023 /PRNewswire/ -- Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Tuesday, March 21, 2023 , at 8:00 a.m. U.S. Eastern Daylight Time ( 8:00 p.m. , March 21, 2023 , in Hong Kong ) to discuss the Company's fourth quarter and full year 2022 results and business outlook. The dial-in phone number for the live audio call is... Read More
GUELPH, ON , Feb. 15, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") will launch the EP Cube in Europe , following the successful launch in North America in September 2022 . The EP Cube is an all-in-one energy storage solution for residential applications, which will enable greater adoption and... Read More
GUELPH, ON , Jan. 31, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced it has signed an agreement to sell 30% of the preferred units of the Company's first Italian alternative investment fund ("CSFS Fund I") to Gardant Investor SGR ("Gardant"). As the investor of CSFS Fund I, Gardant is the asset management arm of the Gardant Group, specialized in alternative and... Read More
GUELPH, ON , Jan. 30, 2023 /PRNewswire/ -- Jan 30, 2022 -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has entered into a multi-year investment agreement (the "Agreement") with the municipal government of Yangzhou City in Jiangsu Province , China . Under the Agreement, CSI Solar plans... Read More
The new agreement expands Pulse Clean Energy and CSI Energy Storage's multi-year relationship GUELPH, ON , Jan. 4, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean... Read More
GUELPH, ON , Dec. 15, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced that its majority-owned subsidiary CSI Solar Co., Ltd. will start mass production of high efficiency N-type TOPCon (Tunnel Oxide Passivated Contact) solar modules in the first quarter of 2023. Canadian Solar's TOPCon modules are best in class and have a power output of up to 690W, and a cell... Read More
GUELPH, ON , Dec. 5, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") signed a 256 MW solar module contract with SOLA Group, a Cape Town -based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa , which are based on private... Read More
GUELPH, ON , Nov. 21, 2022 /PRNewswire/ -- Canadian Solar Inc . (the " Company " or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been selected to provide up to 2.6 GWh of battery solutions for the build - out of energy storage projects managed by UBS Asset Management's Real Estate & Private Markets business in... Read More
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GUELPH, ON , Nov. 17, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar project located in the Fukushima Prefecture, recently reached commercial operation. The Azuma Kofuji project is Canadian Solar's... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has recently obtained France's Simplified Carbon Assessment ("Evaluation carbone simplifiée" or "ECS") certification and Italy's Environmental Product Declaration ("EPD") certification for its high-efficiency mono-facial and bifacial modules , using 182mm and 210mm... Read More
Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Tuesday, November 22, 2022 , at 8:00 a.m. U.S. Eastern Standard Time ( 9:00 p.m. , November 22, 2022 , in Hong Kong ) to discuss the Company's third quarter 2022 results and business outlook. The dial-in phone number for the live audio call is +1-877-704-4453 (toll-free from the U.S.), 800-965-561... Read More
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Crimson Storage is now providing flexible generation to the California grid and reliability benefits to California customers Axium Infrastructure ("Axium") and Canadian Solar Inc. 's ("Canadian Solar") (NASDAQ: CSIQ) subsidiaries Recurrent Energy and CSI Energy Storage, today announced that Crimson Storage , a 350 MW / 1400... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will launch the SolBank , a proprietary designed and manufactured energy storage battery solution for utility-scale applications. CSI Energy Storage also announced the expansion of its battery manufacturing capacity from the existing... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") will launch the EP Cube, a lightweight and sleek all-in-one residential energy storage solution, at the RE+ trade show to be held on September 19-22, 2022 , in Anaheim, California . The official launch will be at 3pm PT on September 21 . Key features of the EP Cube... Read More
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Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced it was awarded a 253 MWp solar plus 1,000 MWh battery energy storage project ("Zaldivar Project") in Chile's public tender CNE 2022/01 held by Chile's Energy National Commission (CNE) in July 2022 . The CNE awarded a total of 777 GWh/year... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2022 , with solar module shipments, revenue and gross margin all at or exceeding the high end of prior guidance. Highlights Solar module shipments of 5.06 GW, at the high end of 4.9 GW to 5.1 GW guidance range. 62% increase in revenue year-over-year ("yoy") to $2.31 billion , above... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has entered into an investment agreement (the "Agreement") with the municipal government of Haidong City in Qinghai Province . Under the Agreement, CSI Solar plans to build a facility with an annual capacity of approximately 50,000 tons of... Read More
Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has continued from the corporate jurisdiction under the laws of the province of British Columbia to the corporate jurisdiction under the laws of the province of Ontario pursuant to the Business Corporations Act ( Ontario ) as of July 29, 2022 (the "Continuance"). The Continuance was approved by a special resolution of shareholders... Read More
Canadian Solar Inc . ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, August 18, 2022 at 8:00 a.m. U.S. Eastern Daylight Time ( 8:00 p.m. , August 18, 2022 in Hong Kong ) to discuss the Company's second quarter 2022 results and business outlook. The dial-in phone number for the live audio call is +1-877-704-4453 (toll-free from the U.S.), 800-965-561 (toll-free... Read More
Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), announces today that it has completed the sale of two fully-permitted solar and battery energy storage projects in the UK to specialist alternative asset manager, Gresham House. The two projects comprise a collocated solar and battery energy storage project in Durham , with 50 MWp solar capacity and 38 MW (or 76 MWh) of battery energy storage, and a standalone solar... Read More
Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) announced today the release of its 2021 Sustainability Report, which highlights the Company's progress in advancing its sustainability strategy from an environmental, social, and governance (ESG) perspective. The sustainability disclosures in this report are aligned with global standards, namely those set by the TCFD (Task Force on Climate-Related... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), announced today that it has completed the sale of two flagship solar farms, Suntop and Gunnedah, totaling 345 MWp in New South Wales, Australia , to CalEnergy Resources ( Australia ) Limited ("CalEnergy"), a subsidiary of Northern Powergrid Holdings Company. The two projects have long-term offtake agreements with a global leading technology company and... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual and Special Meeting of Shareholders on June 22, 2022 . Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: 1.The election of Dr. Shawn (Xiaohua) Qu , Dr. Harry E. Ruda , Mr. Andrew ( Luen Cheung) Wong , Mr. Lap Tat Arthur Wong, Ms. Lauren C. Templeton ,... Read More
Two standalone energy storage projects were acquired from Black Mountain Energy Storage Recurrent Energy, LLC ("Recurrent"), a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced the acquisition of two standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, which are in the South Load Zone of the Texas ERCOT market, are each anticipated to... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), today announced it has secured 136 million Brazilian reais (approximately US$28 million ) non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) to support construction and operation of its 79 MWp Lavras II solar power project in Brazil . BNB is the largest regional development bank in Latin America , supporting the economy of... Read More
No Admission of Liability or Wrongdoing, Nor Payment Canadian Solar Inc. (NASDAQ: CSIQ) and Canadian Solar ( USA ) Inc. (jointly "Canadian Solar") announced today that they have reached a settlement agreement with Solaria resolving their pending patent litigation, following the claim construction order by the U.S. District Court for the Northern District of California adopting the core argument advanced by Canadian Solar, as... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), today announced it signed an agreement with SPIC Brasil, a leading power generation company in Brazil , to sell 70% stake in the Company's 738 MWp solar projects, Marangatu and Panati-Sitia. The Marangatu and Panati-Sitiá projects, 446 MWp and 292 MWp each in size, are located in Piauí and Ceará, the Northeastern states of Brazil , covering an area of... Read More
State's largest solar project provides clean, renewable energy and economic advantages Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced its wholly owned subsidiary Recurrent Energy, LLC ("Recurrent") successfully completed the construction on a 100-megawatt renewable solar power plant near Ruleville in the Mississippi Delta, providing clean energy to Entergy Mississippi's 461,000... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2022 . Highlights Solar module shipments of 3.63 GW, in line with guidance of 3.6 GW to 3.8 GW. 15% increase in revenue year-over-year ("yoy") to $1.25 billion , in line with guidance of $1.25 billion to $1.35 billion . 14.5% gross margin, in line with guidance of 14.5% to 15.5%. Net... Read More
Canadian Solar Inc. ("Canadian Solar", "the Company") (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary Canadian Solar Projects K.K. together with its owned special purpose vehicles (SPVs), topped the ranking of cumulative capacity of solar projects awarded under Japan's feed-in tariff (FIT) auction program since its launch in 2017, according to a latest research published by Clean Tech Lab, Nikkei BP... Read More
Westbridge Energy Corporation (TSXV: WEB) (OTCQB: WEGYF) (FRA: PUQ3) (" Westbridge " or the " Company ") is pleased to announce the appointment of Mr. Pandelis Vassilakakis to the role of Chief Business Development Officer to oversee the expansion of its solar PV portfolio. Westbridge currently has projects in Canada , the United States and the United Kingdom . Mr. Vassilakakis' track record in the renewable energy industry... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced that it has recently received from DNV "Canadian Solar HiKu7 and BiHiKu7 Technology Review Report ". DNV concludes in the Report that Canadian Solar's 210-mm cell based HiKu7 and BiHiKu7 modules, with power output up to 670W, are highly reliable, of top quality and with 3% lower LCOE (Levelized Cost of Energy). Founded in Oslo, Norway in... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced it has entered the utility scale energy storage market in the United Kingdom after signing the agreements to provide integrated energy storage systems, and Engineering, Procurement and Construction (EPC) services for four battery storage projects. Pulse Clean Energy is the owner of the four projects of more than 100 MWh. The agreements... Read More
Recurrent Energy, LLC ("Recurrent"), a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced that the Louisiana Public Service Commission (LPSC) has approved a power purchase agreement for the 132 MW dc/ 98 MWac Bayou Galion solar project located in Morehouse Parish in Northeast Louisiana . The Bayou Galion solar project is expected to start construction and begin operation in... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced the filing of its annual report on Form 20-F for the year ended on December 31, 2021 with the U.S. Securities and Exchange Commission ("SEC"). The annual report on Form 20-F can be accessed on the Company's Investor Relations website at www.canadiansolar.com or on the SEC's website at www.sec.gov . The Company will provide a hard copy of... Read More
Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Tuesday, May 24, 2022 at 8:00 a.m. U.S. Eastern Daylight Time ( 8:00 p.m. , May 24, 2022 in Hong Kong ) to discuss the Company's first quarter 2022 results and business outlook. The dial-in phone number for the live audio call is +1-833-239-5565 (toll-free from the U.S.), +852-3018-6771 (local dial-in... Read More
The project is expected to reach commercial operation in Q4 2022 Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) through its wholly-owned subsidiary Recurrent Energy, LLC ("Recurrent") and Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced an agreement whereby Matrix Renewables will acquire the Gaskell West 2 and 3 project of 105 MWac solar plus 80 MWh energy storage. The Gaskell... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2021 . Fourth Quarter 2021 Highlights Solar module shipments of 3.8 GW, in line with guidance of 3.7 GW to 3.9 GW. 47% increase in revenue year-over-year ("yoy") to $1.53 billion , in line with guidance of $1.5 billion to $1.6 billion . 19.7% gross margin exceeds... Read More
Canadian Solar Inc. (the " Company ", or " Canadian Solar ") (NASDAQ: CSIQ), today announced it has started mass production of new 54-cell format module with 182 mm cell for residential, commercial and industrial rooftop solar systems. The shipment of this new format modules has already started this month. CS6R-MS , the new module type under HiKu6 series, has the power output of up to 420 W and module efficiency of up to... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced it has signed two 10-year power purchase agreements (PPA) with Axpo Italia for the purchase of 70% of energy produced by two solar power plants under development totaling 84 MWp. Axpo Italia is one of the largest market operators in the free energy market in Italy and a highly reliable and bankable renewables generator counterparty. The... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that its Global Energy business group recently signed private power purchase agreements ("PPA") with Usinas Siderurgicas de Minas Gerais S.A. ("Usiminas", NYSE: USNZY & BVMF: USIM5), one of the largest steelmakers in Latin America , committing 50% of the total electricity production of a 381 MWp solar power project in Brazil . For this... Read More
Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, March 17, 2022 at 8:00 a.m. U.S. Eastern Daylight Time ( 8:00 p.m. , March 17, 2022 in Hong Kong ) to discuss the Company's fourth quarter and full year 2021 results and business outlook. The dial-in phone number for the live audio call is +1-833-239-5565 (toll-free from the U.S.),... Read More
Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent"), has completed a purchase and sale agreement with Appalachian Power for Recurrent's Firefly Energy solar project located in Pittsylvania County, Virginia . With a capacity of 150 MWac, the Firefly project will be Appalachian Power's largest solar energy acquisition to date and will help the... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar energy and battery storage companies, and VTRM, a leading renewable energy company in Brazil , announced today the sale of Canadian Solar's 635 MWp Jaíba V solar project to VTRM. The Jaíba V Project, located in the Northeastern state of Minas Gerais, is in advanced stage of development and is expected to begin... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), announced today that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") received approval for the proposed initial public offering and listing of its shares by the stock listing committee of the Science and Technology Innovation Board ("STAR Market") of the Shanghai Stock Exchange. On December 13, 2021 , the stock listing committee of the... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announces that Canadian Solar EMEA Capital Markets, S.A.U., an indirectly wholly-owned subsidiary of Canadian Solar, on December 2, 2021 has successfully completed a € 30 million green bond issuance due on December 2026 under its € 100 Canadian Solar EMEA Green Medium Term Note Program in the Spanish multilateral trading facility (MTF) for debt... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), announced today that it has completed its previously announced "at-the-market" offering program ("ATM Offering") of common shares. Upon the completion of the offering, the Company had sold 3,639,918 of its common shares and raised US$150 million in gross proceeds before deducting commissions and offering expenses. Canadian Solar intends to use the net... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. ("CATL"), a global leader of new energy innovative technologies. According to the agreement, CSI Solar and CATL will establish a strategic partnership to cooperate holistically in the areas of battery storage... Read More
Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announces that Canadian Solar EMEA Capital Markets, S.A.U., an indirectly wholly-owned subsidiary of Canadian Solar, on November 19, 2021 registered in Spain a € 100 million medium term note program, dated November 15, 2021 , in the Spanish multilateral trading facility (MTF) for debt securities (MARF). Any payment under the notes issued under the note... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended September 30, 2021 . Highlights Solar module shipments of 3.9 GW in the third quarter of 2021, in line with guidance of 3.8 GW to 4.0 GW. Revenue increased 34% year-over-year ("yoy") to $1.23 billion , in line with guidance of $1.2 billion to $1.4 billion . Gross margin of 18.6%, above guidance range... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it was awarded 52 MWp for the solar PV project Caracoli in the recent public auction by Colombia's Ministry of Energy. The Caracoli project is located in the Atlántico Region in northern Colombia . The energy awarded will be acquired by a pool of reputable off-takers and will start delivering clean energy from 2023 through an... Read More
Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, November 18, 2021 at 8:00 a.m. U.S. Eastern Standard Time ( 9:00 p.m. , November 18, 2021 in Hong Kong ) to discuss the Company's third quarter 2021 results and business outlook. The dial-in phone number for the live audio call is +1-833-239-5565 (toll-free from the U.S.), +852-3018-6771... Read More
Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary, CSI Solar Co., Ltd. ("CSI Solar") has closed a 350 MW / 1400 MWh contract to provide the fully-integrated battery storage system, EPC (engineering, procurement and construction) and long term maintenance service to the Crimson stand-alone battery storage project in Riverside County, California . The... Read More
Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), sold an 80% stake in its 350 MW / 1400 MWh Crimson storage project to Axium Infrastructure ("Axium"). Recurrent Energy will retain the remaining 20% ownership. Construction of the storage project will begin in Q3 2021 and is expected to reach commercial operation... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has signed long-term Operations & Maintenance (O&M) agreements with two solar PV plus battery storage projects in the U.S., namely, the Slate and Mustang projects which were both developed by Canadian Solar's subsidiary Recurrent Energy and are currently owned by Goldman Sachs Asset Management Renewable Power (Goldman Sachs). The... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended June 30, 2021 . Highlights Solar module shipments of 3.7 GW in the second quarter of 2021, top end of 3.5 GW to 3.7 GW guidance. Revenue increased 105% year-over-year ("yoy") to a record $1.43 billion , in line with guidance of $1.4 billion to $1.5 billion . Gross margin of 12.9%, ahead of guidance... Read More
Recurrent Energy, LLC ("Recurrent Energy"), a wholly-owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced it signed a 15-year Resource Adequacy agreement with Pacific Gas & Electric ("PG&E") to provide 150 MW / 600 MWh of energy storage in phase 2 of the Crimson project beginning in the summer of 2022. The 350 MW / 1,400 MWh Crimson project will be one of the largest battery energy... Read More
Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced the release of its 2020 Sustainability Report , which presents the Company's commitments, progress and achievements towards contributing to a better and more sustainable future from an environmental, social and governance (ESG) perspective. The sustainability disclosures in this report are aligned with global standards, namely SASB... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has closed a BRL 500 million (approximately US$100 million ) financing facility with Brazilian banks BTG Pactual and Itaú BBA. Canadian Solar will use the financing facility for the development and construction of solar projects in Brazil , where the Company has established a leadership position in the solar energy market. The... Read More
Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, August 12, 2021 at 8:00 a.m. U.S. Eastern Daylight Time ( 8:00 p.m. , August 12, 2021 in Hong Kong ) to discuss the Company's second quarter 2021 results and business outlook. The dial-in phone number for the live audio call is +1-866-519-4004 (toll-free from the U.S.), +852-3018-6771 (local... Read More
Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a leading U.S. annuity and life insurance company. Both projects are located in Pecos County, Texas , near the towns of Fort Stockton and McCamey , and have a combined capacity of 328 MWp or 250... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced it has signed a 10-year power purchase agreement (PPA) with Centrica Energy Trading A/S ("Centrica Energy Trading") for two solar power projects totaling 12 MWp in Italy . Centrica Energy Trading is a leading provider of energy management and optimization services, operating in power, gas and energy certificate markets across Europe.... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced it has been awarded the first utility-scale battery storage project in Colombia of 45 MW / 45 MWh. The project was awarded in the public tender launched by Colombia's Ministry of Energy and Mines, via its affiliate UPME, the Mining and Energy Planning Unit. Located in the city of Barranquilla in northern Colombia , this project will... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has been awarded 86 MWp in Japan's 8 th solar energy auction, accounting for the largest share of the total capacity auctioned. The total of 86 MWp includes three projects located in the Tohoku region: an 80 MWp project in Miyagi Prefecture, a 3 MWp project located in Fukushima... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has submitted the application documents for its potential initial public offering ("IPO") and listing on the Science and Technology Innovation Board (the "STAR" Market) of the Shanghai Stock Exchange. The documents have been received by the Shanghai Stock Exchange. In... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has secured a €50 million bilateral corporate facility with Banco Santander, S.A. ("Santander"). The facility will support growth at Canadian Solar's Global Energy business as it executes and expands on its project development pipeline in the Europe , Middle East and Africa , or EMEA region, and further diversifies the Company's... Read More
Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual Meeting of Shareholders on June 23, 2021 . Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: The setting of the number of directors to hold office of the Company for the ensuing year at nine (9); The election of Dr. Shawn (Xiaohua) Qu , Dr. Harry E.... Read More
Recurrent Energy, LLC ("Recurrent Energy"), a wholly-owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) today announced it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems ("BESS") contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements.... Read More
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), announced today that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission ("SEC"), under which it may offer and sell an aggregate of up to US$150 million of its common shares from time to time through an at-the-market equity offering program ("ATM Offering"). Canadian Solar intends to use the net proceeds from the ATM... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced it has signed a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totaling 12 MWp near Ragusa and Enna, in Sicily, Italy . Axpo Italia is the third largest operator in the free energy market in Italy . Under the agreement, Axpo Italia will purchase... Read More
Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended March 31, 2021 . Highlights Solar module shipments of 3.1 GW in the first quarter of 2021, compared to guidance of 3.0 GW to 3.2 GW. Revenue increased 32% year-over-year ("yoy") to $1.1 billion , compared to guidance of $1.0 billion to $1.1 billion . Gross margin of 17.9%, compared to guidance range... Read More

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