Public company | |
Traded as | CSIQ (NASDAQ) |
Industry | Renewable energy, Photovoltaics industry |
Founded | 2001 |
Founder | Dr. Shawn Qu, Chairman and CEO |
Headquarters | Guelph (Ontario), Canada |
Number of locations
|
Canada, Germany, Italy, Spain, South Africa, India, United Arab Emirates, Japan, Korea, Australia, the United States, Singapore, Hong Kong, China, Brazil, Panama, Turkey, United Kingdom, South Africa, Vietnam, Indonesia |
Products | Photovoltaic modules, Photovoltaic systems |
Revenue | $3.5 billion (USD, 2015) |
Number of employees
|
circa 9,000 |
Website | www |
Canadian Solar Inc. is a publicly traded company (NASDAQ: CSIQ) that manufactures solar PV modules and provides turn-key solar energy solutions.
Founded in 2001 in Canada by Dr. Shawn Qu, Canadian Solar (NASDAQ: CSIQ) operates as a global energy provider with business subsidiaries in over 24 countries on 6 continents. Besides serving as a 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 20.4 GW, including an increase in the late-stage project pipeline to 2.4 GW. Including two state-of-the-art manufacturing facilities in Ontario, Canadian Solar employs nearly 9,000 workers worldwide. This translates to more than 16 GW of panel shipments, or approximately 70 million PV modules, in the past 15 years. Together with Recurrent Energy, Canadian Solar is ushering the way into a new era of clean, competitive, mainstream power.
Canadian Solar production facilities in Canada, China, Indonesia, Vietnam and Brazil are structured for the manufacturing of ingots, wafers, solar cells, solar PV modules, solar power systems and specialized solar products.
In 2008, Canadian Solar was one of the first module manufacturers to have an onsite ISO/IEC 17025-compliant testing laboratory. The Canadian Solar Photovoltaic Testing Lab was established to ensure compliance with international safety and reliability testing standards for solar panels.
The bulk of Canadian Solar's manufacturing facilities are located in Canada and China. The Ontario plant has a production capacity of over 500 MW per year. Canadian Solar passed the OHSAS 18001 international standards for occupational health and safety after auditing by TÜV Rheinland in 2012.
Below are some of Canadian Solar's worldwide project references:
Canadian Solar offers solar modules, solar power systems, off-grid solar home application systems and specialized solar products.
Canadian Solar's global PV project business unit has been in operation for over six years and develops PV projects worldwide, specializing in project development, system design, engineering and financing. In addition, Canadian Solar can handle the deployment of photovoltaic projects systems, ranging from commercial systems of a few hundred kilowatts to utility-scale projects measured in mega-watts.
Recurrent Energy: Canadian Solar (Nasdaq: CSIQ) completed the acquisition of solar developer Recurrent Energy from Sharp Corp for approximately $265 million in 2015.