Accessibility StatementSkip Navigation 440k+Newsrooms &Influencers 9k+Digital MediaOutlets 270k+JournalistsOpted In GET STARTED Also from this source KITCHENER, ON, Oct. 16, 2025 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, November 13, 2025, at 8:00 a.m. U.S. Eastern Time (9:00 p.m., November 13, 2025, in Hong Kong) to discuss the Company's third quarter 2025 results and business outlook. The dial- ...

Core Insights - Canadian Solar Inc. has been recognized as a Tier 1 PV module supplier and a Tier 1 Battery Energy Storage System supplier in the 2025 Tier 1 Cleantech Companies list by S&P Global Commodity Insights, highlighting its leadership in both photovoltaic modules and energy storage solutions [1][3][4] Company Performance - The recognition was achieved through gigawatt-scale shipments of modules and energy storage, strong financial performance, and a commitment to sustainability practices, including carbon reduction and circular economy initiatives [3][4] - Canadian Solar has delivered nearly 165 GW of solar photovoltaic modules globally and has shipped over 13 GWh of battery energy storage solutions as of June 30, 2025, with a contracted backlog of $3 billion [6] Industry Context - The S&P Global Commodity Insights Tier 1 Cleantech Companies list is based on a robust methodology that assesses market presence, cumulative equipment shipments, annual market share, and financial performance among other criteria [2][5] - The list aims to help cleantech suppliers stand out and assist developers and financiers in identifying reliable partners in the renewable energy sector [4]

Core Insights - Canadian Solar Inc. reported financial results for Q2 2025, with revenue of $1.7 billion, a 42% increase sequentially and a 4% increase year-over-year, driven by higher sales of battery energy storage systems and solar modules [3][6][28] - The company experienced a gross margin of 29.8%, exceeding guidance, attributed to a higher mix of North America module shipments and robust storage volumes [4][11] - Despite challenges such as project sales delays and tariff headwinds, Canadian Solar remains focused on risk management and sustainable profitability [2][29] Financial Performance - Total module shipments recognized as revenue in Q2 2025 were 7.9 GW, a 14% increase quarter-over-quarter but a 4% decrease year-over-year [3][11] - Gross profit for Q2 2025 was $505 million, compared to $140 million in Q1 2025 and $282 million in Q2 2024, with gross margin increasing from 11.7% in Q1 2025 and 17.2% in Q2 2024 [4][6] - Operating expenses rose to $378 million, up from $195 million in Q1 2025, primarily due to impairment charges related to certain solar and storage assets [5][6] Business Segments - The company operates in two segments: CSI Solar, focusing on solar modules and battery energy storage manufacturing, and Recurrent Energy, which focuses on utility-scale solar power and battery energy storage project development [12][37] - As of June 30, 2025, the total global solar project development pipeline was approximately 27 GWp, with a battery energy storage project development pipeline of 80 GWh [13][20] Outlook and Guidance - For Q3 2025, Canadian Solar expects total revenue between $1.3 billion and $1.5 billion, with gross margin anticipated to be between 14% and 16% [27][29] - The company has narrowed its full-year module volume guidance to 25 GW to 27 GW, while maintaining its storage volume guidance [28][29] Recent Developments - Canadian Solar published its 2024 Sustainability Report, aligning its sustainability disclosures with global reporting standards [30] - The company announced the successful completion of large-scale fire testing for its SolBank 3.0 energy storage system, enhancing safety assurance for utility-scale deployments [32]

Core Viewpoint - Canadian Solar Inc. will hold a conference call on August 21, 2025, to discuss its second quarter 2025 results and business outlook [1]. Group 1: Conference Call Details - The conference call will take place at 8:00 a.m. U.S. Eastern Time [1]. - Dial-in numbers for the call include +1-877-704-4453 (U.S. toll-free), 800 965 561 (Hong Kong), +86 400 120 2840 (Mainland China), and +1-201-389-0920 (international) [2]. - A live webcast will be available on the investor relations section of Canadian Solar's website [2]. Group 2: Replay Information - A replay of the call will be available until 11:00 p.m. U.S. Eastern Time on September 4, 2025 [3]. - Replay access can be obtained by dialing +1-844-512-2921 (U.S. toll-free) or +1-412-317-6671 (international) [3]. - A webcast replay will also be available on the investor relations section of Canadian Solar's website [3]. Group 3: Company Overview - Canadian Solar is one of the largest solar technology and renewable energy companies globally, founded in 2001 and headquartered in Kitchener, Ontario [4]. - The company has delivered nearly 157 GW of solar photovoltaic modules and shipped over 11 GWh of battery energy storage solutions as of March 31, 2025 [4]. - Canadian Solar has a $3.2 billion contracted backlog and a project development pipeline of 27 GWp of solar and 76 GWh of battery energy storage capacity [4].

Core Insights - Recurrent Energy has secured $260 million in project financing and tax equity for the Blue Moon Solar facility, a 94 MW solar project in Kentucky, which is expected to begin commercial operations in 2026 [1][2][3] - Constellation will purchase power and renewable energy certificates from the Blue Moon Solar facility under a power purchase agreement [2] - The project is anticipated to create hundreds of construction jobs and generate significant tax revenue for Harrison County, Kentucky [3] Company Overview - Recurrent Energy, a subsidiary of Canadian Solar Inc., is a leading global developer and operator of solar and energy storage assets, with a portfolio of approximately 12 GWp of solar projects and 6 GWh of energy storage projects developed globally [4] - Canadian Solar Inc. is one of the largest solar technology companies, having delivered nearly 157 GW of solar photovoltaic modules and developed a diversified project pipeline of 27 GWp of solar and 76 GWh of energy storage capacity [5]

Core Insights - Canadian Solar Inc. held its Annual Meeting of Shareholders on June 20, 2025, where all proposals submitted for shareholder approval were approved [1] - The company is recognized as one of the largest solar technology and renewable energy firms globally, with a significant history and diverse operations [1] Company Overview - Founded in 2001 and headquartered in Kitchener, Ontario, Canadian Solar is a leading manufacturer of solar photovoltaic modules and provides solar energy and battery energy storage solutions [1] - The company has delivered nearly 157 GW of solar photovoltaic modules globally and has shipped over 11 GWh of battery energy storage solutions as of March 31, 2025, with a contracted backlog valued at $3.2 billion [1] - Since entering project development in 2010, Canadian Solar has developed approximately 11.6 GWp of solar power projects and 4.5 GWh of battery energy storage projects [1] - The company's project development pipeline includes 27 GWp of solar and 76 GWh of battery energy storage capacity in various stages of development [1] - Canadian Solar has been publicly listed on NASDAQ since 2006 and is considered one of the most bankable companies in the solar and renewable energy industry [1] Shareholder Proposals - The election of directors Shawn (Xiaohua) Qu, Yan Zhuang, Harry E. Ruda, Andrew (Luen Cheung) Wong, Lauren C. Templeton, Leslie Li Hsien Chang, and Yuan Yuan Zhang until the next annual meeting [3] - The re-appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as auditors until the next annual meeting, with authorization for directors to fix the auditors' remuneration [3]

Core Viewpoint - Canadian Solar Inc. will hold a conference call on May 15, 2025, to discuss its first quarter 2025 results and business outlook [1]. Company Overview - Canadian Solar is one of the largest solar technology and renewable energy companies globally, founded in 2001 and headquartered in Kitchener, Ontario [4]. - The company is a leading manufacturer of solar photovoltaic modules and provides solar energy and battery energy storage solutions [4]. - Canadian Solar has delivered nearly 150 GW of solar photovoltaic modules worldwide over the past 24 years [4]. - The company has shipped over 10 GWh of battery energy storage solutions, with a contracted backlog of US$3.2 billion as of December 31, 2024 [4]. - Since 2010, Canadian Solar has developed approximately 11.5 GWp of solar power projects and 4.5 GWh of battery energy storage projects globally [4]. - The project development pipeline includes 25 GWp of solar and 75 GWh of battery energy storage capacity in various stages of development [4]. - Canadian Solar has been publicly listed on NASDAQ since 2006 and is considered one of the most bankable companies in the solar and renewable energy industry [4].

Core Points - Canadian Solar Inc. filed its annual report on Form 20-F for the year ended December 31, 2024, with the U.S. SEC [1] - The annual report is accessible on the Company's Investor Relations website and the SEC's website [1] Company Overview - Canadian Solar is one of the largest solar technology and renewable energy companies globally, founded in 2001 and headquartered in Kitchener, Ontario [2] - The Company is a leading manufacturer of solar photovoltaic modules and provides solar energy and battery energy storage solutions [2] - Canadian Solar has delivered nearly 150 GW of solar photovoltaic modules worldwide over the past 24 years [2] - The subsidiary e-STORAGE has shipped over 10 GWh of battery energy storage solutions, with a contracted backlog of US$3.2 billion as of December 31, 2024 [2] - Since entering project development in 2010, Canadian Solar has developed approximately 11.5 GWp of solar power projects and 4.5 GWh of battery energy storage projects globally [2] - The Company has a diversified project development pipeline, including 25 GWp of solar and 75 GWh of battery energy storage capacity in various stages of development [2] - Canadian Solar is recognized as one of the most bankable companies in the solar and renewable energy industry and has been publicly listed on NASDAQ since 2006 [2]

Company Overview - Recurrent Energy, a subsidiary of Canadian Solar Inc., is a global developer, owner, and operator of solar and energy storage assets, with a focus on utility-scale projects [1][5] - Canadian Solar Inc. is one of the largest solar technology and renewable energy companies, having delivered nearly 150 GW of solar photovoltaic modules globally [6][7] Project Details - The Bayou Galion Solar project, a 127 MWdc solar facility located in Northeast Louisiana, commenced operations in November 2024 [1][3] - This project represents a $160 million investment and generates enough electricity to power approximately 20,500 homes annually [3][4] Economic Impact - Cumulative solar investment in Louisiana exceeded $2 billion by the end of 2024, driven by demand from manufacturing and data centers [2] - The Bayou Galion Solar project is expected to create jobs, generate local tax revenue, and diversify the electrical power sources in Morehouse Parish [4][3] Community Engagement - Recurrent Energy hosted a ribbon-cutting ceremony to celebrate the project's completion, attended by local leaders and community members [1][3] - The company is making a donation to the Cotton Country Players, a local theatre group, to support the historic Rose Theatre [3] Future Prospects - Recurrent Energy has a project development pipeline that includes over 25 GWp of solar and 75 GWh of energy storage capacity across six continents [5] - The successful completion of the Bayou Galion project marks a significant milestone for Recurrent Energy in expanding its operations in Louisiana [4][3]