Canadian Solar Inc (Canadian Solar) is a provider of solar energy solutions. The company designs, develops and manufactures solar ingots, wafers, modules, cells, and other solar power products. Its broad range of solar modules find application in residential, commercial and industrial solar power generation systems; and specialty solar products include customized solar modules that customers incorporate into their own products such as portable solar home systems. Canadian Solar serves distributors, project developers, system integrators and installers and EPC companies across Asia, America, Europe and other regions. It has manufacturing facilities in China, Taiwan, Canada, Vietnam, Thailand and Indonesia among others. Canadian Solar is headquartered in Guelph, Ontario, Canada.
Headquarters
Canada
Address
545 Speedvale, Ave West, Guelph, Ontario, N1K1E6
Website
www.canadiansolar.com
Telephone
1 519 8371881
No of Employees
13,535
Industry
Alternative Energy
Ticker Symbol & Exchange
CSIQ (NASD)
Revenue (2021)
$5.3B
51.8%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
-35.1%
(2021 vs 2020)
Market Cap*
$1.9B
Net Profit Margin (2021)
XXX
-57.4%
(2021 vs 2020)
* As of and is in US$
Explore premium data & analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| PV Modules | EPC | Canadian Solar |
| Speciality Products | Operational and Management | |
| Rooftop PV System Kits | PV Testing | |
| XXX | XXX | |
| XXX | XXX | |
| XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Others | In May, the company received from DNV Canadian Solar HiKu7 and BiHiKu7 Technology Review Report. |
| 2022 | Contracts/Agreements | In May, the company signed an agreement to provide integrated energy storage systems, and Engineering, Procurement and Construction (EPC) services for four battery storage projects. |
| 2022 | Contracts/Agreements | In April, the company and Matrix Renewables announced an agreement in which Matrix Renewables to acquire the Gaskell West 2 and 3 project of 105 MWac solar plus 80 MWh energy storage. |
Competitor Comparison
| Key Parameters | Canadian Solar Inc | Trina Solar Co Ltd | JinkoSolar Holding Co Ltd | First Solar Inc | Hanwha Q CELLS Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | China | China | United States of America | South Korea |
| City | Guelph | Changzhou | Shangrao | Tempe | Seoul |
| State/Province | Ontario | Jiangsu | Jiangxi | Arizona | Seoul |
| No. of Employees | 13,535 | 17,586 | 31,030 | 4,800 | 7,510 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shawn (Xiaohua) Qu | President; Chief Executive Officer; Chairman | Executive Board | 2001 | 58 |
| Huifeng Chang | Senior Vice President; Director; Chief Financial Officer | Executive Board | 2020 | 56 |
| Jianyi Zhang | General Counsel; Chief Compliance Officer; Senior Vice President | Senior Management | 2016 | 64 |
| Yan Zhuang | President - CSI Solar; Director | Executive Board | 2020 | 58 |
| Guangchun Zhang | Senior Vice President - Operations and Technology, CSI Solar | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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