Canadian Solar Inc (Canadian Solar) designs, develops and manufactures solar wafers, ingots, modules, cells, and other solar power products. Its products include standard solar modules and specialty solar products; solar modules for use in residential, commercial, and industrial solar power generation systems; and customized solar modules.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Canadian Solar’s R&D efforts focus on developing ingots and wafering, cells, modules, system performance analysis, energy solution products, and reliability testing and battery storage products. As of December 31, 2022, 223 employees were engaged in research, product development, and engineering. As of February 28, 2023, it has 2,022 patents and 595 pending patents, 15 U.S. patents, and 13 European Patents. It also intends to focus on developing Czochralski (“CZ”) mono-pulling technologies compatible with 182 mm and 210 mm ingot sizes at a competitive cost, novel diamond wire sawing technology compatible with 182 mm and 210 mm mono ingot, new cell structures and technologies for higher efficiency and performance along with new modules of improved design and assembly methods to have higher power output, module-level efficiency, reliability, and system-level performance. In FY2022, the R&D expenses stood at US$45.2 million, which as a percentage of revenue, stood at 1.3% and decreased 22.6% YoY.