OverviewSuggest Edit

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.
TypePublic
Founded2001
HQGuelph, CA
Websitecanadiansolar.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Feb 2019)12,129(+25%)
Job Openings26
Revenue (FY, 2016)$2.9 B(-17%)
Share Price (Jan 2020)$22.6 (-1%)

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, Walnut Creek, Cremorne, São Paulo and in 11 other locations
Guelph, CA (HQ)
545 Speedvale Ave W
Cremorne, AU
44 Stephenson St
São Paulo, BR
999 Av. Roque Petroni Júnior
Suzhou Shi, CN
Lu Shan Lu, Huqiu Qu
München, DE
94 Landsberger Str.
New Delhi, IN
Aerocity, Indira Gandhi International Airport
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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 (10-Jan-2020)

1.3b

Closing stock price (10-Jan-2020)

22.6
Canadian Solar's current market capitalization is $1.3 b.
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

Average PV Modules Selling Price per Watt

$0.67 $0.58 $0.51

Products Sold, MW

2.81 k1.03 k809 1.15 k4.38 k1.17 k1.29 k1.16 k5.20 k1.48 k

Silicon Wafer Manufacturing Capacity, MW

260 400 1.40 k

Solar Cell Manufacturing Capacity, MW

1.50 k2.70 k2.44 k3.77 k
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Canadian Solar Revenue Breakdown

Embed Graph

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

Canadian Solar Online and Social Media Presence

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Canadian Solar News and Updates

Canadian Solar Schedules Third Quarter 2019 Earnings Conference Call for November 12

GUELPH, Ontario, Oct. 28, 2019 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it will hold a conference call on Tuesday, November 12, 2019 at 5:00 p.m. U.S. Eastern Standard Time...

Canadian Solar Signs Agreements to Provide Operations & Maintenance Services for 300 MWp Solar Power Plants in Australia

GUELPH, Ontario, Aug. 21, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has signed Operations & Maintenance (O&M) agreements with Gannawarra Solar Farm Pty Ltd, Hayman...

Canadian Solar Reports Second Quarter 2019 Results

GUELPH, Ontario, Aug. 15, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Highlights Total solar...

Canadian Solar Inc. Announces Results of 2019 Annual Meeting of Shareholders

Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: read more

Canadian Solar to Participate in ROTH London Investor Conference

GUELPH, Ontario, June 14, 2019 /PRNewswire/ -- Canadian Solar Inc. (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it is scheduled to attend the 5th Annual ROTH London Investor Conference on Tuesday, June 18, 2019, at the InterContinental London Park ...

Canadian Solar CEO on Leave After Unspecified China Accident

Canadian Solar CEO on Leave After Unspecified China Accident
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Canadian Solar Blogs

Lauren C. Templeton

Lauren C. Templeton ronfrancis.gon… Mon, 01/06/2020 - 08:24 Lauren C. Templeton Independent Director Lauren Templeton has served as an independent director of our company since January 2020. Ms. Templeton is the founder and President of Templeton & Phillips…

Canadian Solar Increases Size of Board of Directors from Five to Six Directors and Appoints Lauren C. Templeton as an Independent Director and Karl E. Olsoni as a Strategic Advisor

GUELPH, Ontario , Jan. 6, 2020 /PRNewswire/ -- Canadian Solar Inc. (" Canadian Solar " or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has increased the size of its Board of Directors from five to six directors and appointed Lauren C.

Canadian Solar Achieves Commercial Operation on 1.98 MWp Project in Taiwan

Canadian Solar Achieves Commercial Operation on 1.98 MWp Project in Taiwan Content Import Mon, 12/23/2019 - 07:00 Canadian Solar Achieves Commercial Operation on 1.98 MWp Project in Taiwan 12/23/19 This release is a backfill from a News Wire Ge…

Canadian Solar Announces a $150 Million Share Repurchase Program

GUELPH, Ontario , Dec. 9, 2019 /PRNewswire/ --  Canadian Solar Inc. (the "Company", or " Canadian Solar ") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that its Board of Directors has authorized a $150 million share repurchase program for a six month period

Canadian Solar Completes the Sale of the Last Subsidized Operational Project of 3.3 MWp in the UK

Canadian Solar Completes the Sale of the Last Subsidized Operational Project of 3.3 MWp in the UK Content Import Thu, 12/05/2019 - 07:01 Canadian Solar Completes the Sale of the Last Subsidized Operational Project of 3.3 MWp in the UK 12/05/19 This release is…

Canadian Solar Completes JPY4.6 Billion Asset Sale to CSIF in Japan

GUELPH, Ontario , Dec. 2, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or " Canadian Solar ") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has completed the sale of a 10.8 MWp operating solar power plant in Izu -shi, Shizuoka Prefecture to
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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 12,129 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 $235.2 k.

  • Who are Canadian Solar competitors?

    Competitors of Canadian Solar include Renesola, BuffaloGrid and Yingli Solar.

  • 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, Walnut Creek, Cremorne, São Paulo and in 11 other locations.

  • How many offices does Canadian Solar have?

    Canadian Solar has 18 offices.