Expert Insight

Canadian Solar – A World-Class Solar Power Solutions Company

December 2018

Chairman and Chief Executive Officer Dr. Shawn Qu founded Canadian Solar in 2001 with a bold vision: to foster sustainable development and to make lives better by bringing electricity powered by the sun to millions of people worldwide. The more than 12,000 dedicated employees of Canadian Solar (NASDAQ:CSIQ) strive each day to make this vision a reality. The company’s two main lines of business are: (i) PV components; and (ii) the development, construction and sale of solar PV projects, working with both build-to-sell and build to-hold business models. Over 30 GW of our solar modules have been shipped, enough to provide clean, green power to a city the size of Chicago.

Our products are in operation in more than 150 countries, giving us a truly global reach. These achievements put us at the forefront of making solar power competitive and mainstream.

Customers choose Canadian Solar because we deliver the best possible value. Our ingots, wafers, cells, and modules combine superior quality with market-leading cost structures. And our solar projects consistently achieve the highest production values and returns on investment. We currently have more than 9 GW of such projects in our pipeline worldwide and are uniquely positioned to provide complete turnkey solar solutions. By bundling services for the entire project life cycle—feasibility study, permitting, engineering, procurement, construction, operations, and maintenance—we can significantly reduce complexity and cost for commercial and industrial customers.

As the most globalized solar PV company, CSI has established 16 manufacturing facilities for silicon wafers, cells, and solar modules with world-class advanced production equipment in 7 countries including China, Canada, Brazil, Vietnam, Indonesia and Thailand. Moreover, we have local branch offices in more than 20 different countries.

Canadian Solar first established a branch office in Sao Paulo, Brazil in 2013 to officially set foot in the PV markets in the countries of Brazil, Argentina, Chile, Mexico, etc. of Central and South America. The business line has been expanding to PV module manufacturing and sales, single-phase and three-phase string inverter sales, solar project development, EPC service supply, project financing and legal affairs in the areas. Relying on the continuous and vigorous efforts of team members, Canadian Solar has established a superior brand reputation and project financing ability and taken the #1 ranking place of PV market share in Brazil and #2 in Mexico. At present, Canadian Solar has accumulated a total of 1.5 GW of solar farm projects in Central and South America, of which 540 MW has been successfully sold, and another 960 MW acquired PPA (power purchase agreement) to be ready for market sale.

Canadian Solar is proud to be named the #1 overall and #1 most preferred module supplier in Brazil, as well as the #3 preferred inverter supplier in Brazil (Greener- June 2018).

Canadian Solar’s team of solar experts in South and Central America is ready to help you tackle your next solar project.  Contact us at [email protected] and we will show you how we Make the Difference.

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