Canadian Solar Third Quarter Results- Net Loss at $14 Million Updated On Fri, Dec 6th, 2024 by Saurenergy Leading Solar and storage firm Canadian Solar has released its third quarter results. Total module shipments recognized as revenues in the third quarter of 2024 were 8.4 GW, up 2% quarter-over-quarter (“qoq”) and 1% year-over-year (“yoy”). Of the total, 31 MW were shipped to the Company’s own utility-scale solar power projects. Net revenues in the […] Read more
Canadian Solar US Subsidiary Secures Major Solar Supply Deal with American Client Updated On Thu, Aug 10th, 2023 by Saurenergy Canadian Solar’s subsidiary in the United States has inked a significant seven-year supply deal with an undisclosed major American client. The Ontario-based solar panel behemoth, which recently established a subsidiary in China, will ensure a steady stream of sales as it commits to providing a minimum of 4 gigawatts of photovoltaic modules by 2030. This […] Read more
Canadian Solar Announces Big Capacity Expansion Plans Updated On Wed, Apr 12th, 2023 by Saurenergy Canada based global solar equipment conglomerate Canadian Solar Inc. has announced the massive capacity expansion plans of CSI Solar Company Ltd. by the year of 2024. CSI Solar is majority-owned subsidiary of Canadian Solar. “Namely, by the end of Q1 2024, CSI Solar intends to add 30 GW of ingot, 15 GW of wafer, 10 […] Read more
Canadian Solar to Supply 487 MWh BESS to Aypa Power Updated On Fri, Feb 24th, 2023 by Saurenergy Global renewable energy player Canadian Solar Inc has announced that CSI Energy Storage, owned by its subsidiary CSI Solar, will provide 487 MWh of SolBank energy storage products to Aypa Power. Aypa Power is a Blackstone portfolio company that develops, owns and operates utility-scale energy storage and hybrid renewable energy projects across North America. The […] Read more
Canadian Solar Mulls Solar & Battery Storage Manufacturing Expansion in China Updated On Wed, Feb 1st, 2023 by Saurenergy Global solar manufacturer Canadian Solar Inc. has announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar has entered into a multi-year investment agreement with the municipal government of Yangzhou City in Jiangsu Province, China. Under the agreement, Canadian Solar will add vertically integrated high efficiency wafer, cell, and module capacity in Yangzhou’s clean […] Read more
Canadian Solar Signs Framework Agreement With Battery Major CATL Updated On Thu, Nov 25th, 2021 by Saurenergy Canadian Solar Inc. has announced 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. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […] Read more
Canadian Solar Raises $260 Mn in Preparation for the Carve-Out IPO Updated On Thu, Oct 1st, 2020 by Saurenergy Canadian Solar has agreed to USD 260 million capital raising for CSI Solar – an important step for it to qualify for the planned carve-out IPO in China Canadian Solar, has announced that it has agreed to an RMB 1.78 billion (approximately USD 260 million) capital raising for its Module and System Solutions (MSS) subsidiary, CSI Solar. […] Read more
