Canadian Solar Inc - Company Profile
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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. A broad range of its 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
18,423
Industry
Alternative Energy
Ticker Symbol & Exchange
CSIQ (NASD)
Revenue (2022)
$7.6B
1.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
14.3%
(2022 vs 2021)
Market Cap*
$1.0B
Net Profit Margin (2022)
XYZ
12.2%
(2022 vs 2021)
* As of and is in US$
Canadian Solar Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| PV Modules | EPC | Canadian Solar |
| Speciality Products | PV Testing | |
| Rooftop PV System Kits | Test and Analysis | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company partnered with Sol Systems to provide a significant supply of modules from its newly ramped Texas module factory. |
| 2024 | Contracts/Agreements | In January, CSI Solar Co's e-STORAGE entered into an agreement to provide 220 MWh DC of energy storage solutions to a standalone energy storage project of Epic Energy in Mannum, South Australia. |
| 2023 | Contracts/Agreements | In December, the company along with Astronergy, TCL Zhonghuan, Risen Energy, Tongwei, and Trina Solar set up the 700W+ Photovoltaic Open Innovation Ecological Alliance to enter into a PV 700W+ era. |
Competitor Comparison
| Key Parameters | Canadian Solar Inc | JinkoSolar Holding Co Ltd | Trina Solar Co Ltd | First Solar Inc | SunPower Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | China | China | United States of America | United States of America |
| City | Guelph | Shangrao | Changzhou | Tempe | Richmond |
| State/Province | Ontario | Jiangxi | Jiangsu | Arizona | California |
| No. of Employees | 18,423 | 46,511 | 23,077 | 6,700 | 4,710 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shawn Qu | Chairman; President; Chief Executive Officer | Executive Board | 2001 | 59 |
| Huifeng Chang | Chief Financial Officer; Senior Vice President; Director | Executive Board | 2020 | 57 |
| Yan Zhuang | President - CSI Solar; Director | Executive Board | 2020 | 59 |
| Guangchun Zhang | Senior Vice President - Operations and Technology, CSI Solar | Senior Management | 2020 | - |
| Kah Locke Tham | Corporate Secretary | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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