Founded in 2001 in Canada, Canadian Solar (NASDAQ: CSIQ) operates as a global energy provider with successful business subsidiaries in 18 countries on 6 continents. Besides serving as a leading manufacturer of solar PV modules and provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. With the company’s recent acquisition of Recurrent Energy, Canadian Solar’s total project pipeline is now 8.5 GW, including an increase in the late-stage project pipeline to 2.4 GW. With two state-of-the-art manufacturing facilities in Ontario, Canadian Solar employs over 8,500 workers worldwide. This translates into more than 10 GW of panel shipments, or 30 million PV modules, in the past 14 years. Together with Recurrent Energy, Canadian Solar is ushering the way into a new era of clean, competitive, mainstream power.

Employee Rating

3.1More
TypePublic
HQGuelph, CA
Founded2001
Size (employees)9,724 (est)
Websitecanadiansolar.com
Canadian Solar was founded in 2001 and is headquartered in Guelph, CA
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Key People/Management at Canadian Solar

Shawn Qu

Shawn Qu

Chairman, President & CEO
Zhang Pingan

Zhang Pingan

Svp & CCO
Dan Carter

Dan Carter

Manager
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Canadian Solar Office Locations

Canadian Solar has offices in Guelph, Shinjuku, Seoul, São Paulo and in 13 other locations
Guelph, (HQ)
545 Speedvale Ave W
Cremorne,
165 Cremorne St
São Paulo,
999 Av. Roque Petroni Júnior
Nanjing Shi,
Jiao Tong Yin Hang ( Lu Shan Lu )
München,
94 Landsberger Str.
Bengaluru,
24/1 Vittal Mallya Road
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Canadian Solar Financials and Metrics

Canadian Solar Revenue

Canadian Solar's revenue was reported to be $2.85 b in FY, 2016 which is a 17.7% decrease from the previous period.
USD

Revenue (FY, 2016)

2.9b

Revenue growth (FY, 2015 - FY, 2016), %

(17.7%)

Market capitalization (4-Dec-2018)

966.0m

Closing stock price (4-Dec-2018)

16.5
Canadian Solar's current market capitalization is $966 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

3.0b3.5b2.9b

Revenue growth, %

17%(18%)
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Canadian Solar Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Late-Stage Solar Project Pipeline, MWp

2.40 k2.50 k2.40 k2.50 k2 k2.10 k2.40 k2 k2.10 k2.16 k

Solar Cell Manufacturing Capacity, MW

1.50 k2.70 k2.44 k3.77 k

Solar Power Projects in Operation, MWp

163.90 257 398.10 437.50 472 948 1.20 k1.16 k

Total Solar Project Pipeline, MW

8.50 k10.30 k13.50 k20.40 k
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Canadian Solar Revenue Breakdown

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Canadian Solar revenue breakdown by business segment: 96.2% from Module and 3.8% from Other

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Canadian Solar Online and Social Media Presence

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Canadian Solar News and Updates

Canadian Solar Subsidiary Recurrent Energy Signs Power Purchase Agreement with a Leading Silicon Valley University

GUELPH, Ontario, Dec. 3, 2018 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced its wholly owned subsidiary Recurrent Energy, LLC ("Recurrent Energy") has signed a 25-year power purchase agreement ("PPA") for the 63 MWac/88 MWp Stanford Solar...

Suzlon completes sale subsidiaries to Canadian Solar for Rs 54.53 cr

Renewable Energy solution provider Suzlon Energy Tuesday said it has completed sale of its arm Amun and Avighna to Canadian Solar for a total consideration of Rs 54.53 crore. "The company has completed sale of Amun (Amun Solarfarms Ltd) and Avighna (Avighna Solarfarms Ltd) to canadian Solar and acco…

Global Solar Panel Recycling Market 2019, Outlook to 2023 - Canadian Solar, Dynamic Lifecycle Innovations, Eiki Shoji, Envaris, and First Solar are Leading the Competition

DUBLIN, Nov. 19, 2018 /PRNewswire/ -- The "Global Solar Panel Recycling Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. The global solar panel recycling market is projected to grow at a CAGR of 30.46% during the period 2019-2023. The report has been prepared...

Canadian Solar Reports Middling Third Quarter But Lowers Full-Year Guidance

Canadian Solar, one of the world's largest solar power companies, announced its third-quarter financial results on Thursday, revealing middling performance which saw the company beat earnings expectations but miss its guidance on revenue, forcing it to lower its full-year 2018 revenue guidance for t…

Canadian Solar Reports Third Quarter 2018 Results

GUELPH, Ontario, Nov. 15, 2018 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced its financial results for the third quarter of 2018 ended September 30, 2018. Third Quarter 2018...

Canadian Solar Delivers 10 MW Bifacial Modules to Neighborhood Power for Projects in Oregon

GUELPH, Ontario, Nov. 14, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that the company has delivered 10 MW of Canadian Solar bifacial PV modules – BiKu CS3U-PB-AG – to...
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Canadian Solar Blogs

Canadian Solar Subsidiary Recurrent Energy Signs Build-Transfer Agreement with Entergy on 100 MWac Mississippi Solar Project

GUELPH, Ontario , Nov. 8, 2018 /PRNewswire/ -- Canadian Solar Inc. (" Canadian Solar ") (NASDAQ: CSIQ), today announced its wholly owned subsidiary Recurrent Energy, LLC ("Recurrent Energy") has signed a build-transfer agreement ("BTA") for a base purchase price of approximately $138.4 million with

Guggenheim - Sophie Karp

Guggenheim - Sophie Karp francine.arand… Tue, 10/23/2018 - 04:13 Sophie Karp Guggenheim

Citi - Scott Chui

Citi - Scott Chui francine.arand… Tue, 10/23/2018 - 04:07 Scott Chui Citi

95 - UBS - Jon Windham

95 - UBS - Jon Windham Jensen.kua@nas… Tue, 10/23/2018 - 03:17 Jon Windham UBS

Canadian Solar Increases Global Guarantee Facility from Export Development Canada to US$125 Million

Canadian Solar Increases Global Guarantee Facility from Export Development Canada to US$125 Million Content Import Thu, 09/13/2018 - 07:04 Canadian Solar Increases Global Guarantee Facility from Export Development Canada to US$125 Million 09/13/18 This releas…

Canadian Solar Reports Second Quarter 2018 Results

GUELPH, Ontario , Aug. 14, 2018 /PRNewswire/ -- Canadian Solar Inc. (" Canadian Solar " or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced its financial results for the second quarter of 2018 ended June 30, 2018 .
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Canadian Solar Company Life and Culture

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Canadian Solar Frequently Asked Questions

  • When was Canadian Solar founded?

    Canadian Solar was founded in 2001.

  • Who are Canadian Solar key executives?

    Canadian Solar's key executives are Shawn Qu, Zhang Pingan and Dan Carter.

  • How many employees does Canadian Solar have?

    Canadian Solar has 9,724 employees.

  • What is Canadian Solar revenue?

    Latest Canadian Solar annual revenue is $2.9 b.

  • What is Canadian Solar revenue per employee?

    Latest Canadian Solar revenue per employee is $293.4 k.

  • Who are Canadian Solar competitors?

    Competitors of Canadian Solar include JA Solar, Renesola and SolarReserve.

  • Where is Canadian Solar headquarters?

    Canadian Solar headquarters is located at 545 Speedvale Ave W, Guelph.

  • Where are Canadian Solar offices?

    Canadian Solar has offices in Guelph, Shinjuku, Seoul, São Paulo and in 13 other locations.

  • How many offices does Canadian Solar have?

    Canadian Solar has 17 offices.