Canadian Solar Inc., founded in 2001 in Canada, is one of the world’s largest solar technology and renewable energy companies. It stands as a leading manufacturer of solar photovoltaic modules and a provider of solar energy and battery storage solutions. Canadian Solar has also developed numerous utility-scale solar power and battery storage projects and has been publicly listed on NASDAQ since 2006, making it one of the most bankable names in the renewable energy sector.
The company operates through two main segments: CSI Solar and Recurrent Energy. The CSI Solar segment focuses on designing, developing, and manufacturing solar ingots, wafers, cells, modules, and other solar power and battery storage products. Its offerings include standard solar modules, battery storage solutions, solar system kits (featuring inverters, racking systems, and related accessories), power electronics, and engineering, procurement, and construction (EPC) services. This segment also runs battery energy storage projects.
Recurrent Energy, the second segment, specializes in developing, constructing, maintaining, and selling solar power and battery storage projects, while also operating solar power plants and selling electricity. This segment offers comprehensive operation and maintenance (O&M) services, which include monitoring, inspections, repairs, equipment replacements, site management, and administrative support, along with asset management services. Recurrent Energy has an operational portfolio with an aggregate capacity of approximately 1,005 MWp and 600 MWh.
Canadian Solar’s customer base includes distributors, system integrators, project developers, and EPC companies, as well as utility companies, public utilities, licensed suppliers, corporate offtakers, and industrial, commercial, or governmental users. The company markets its products primarily under the Canadian Solar brand and is headquartered in Guelph, Canada.