Canadian Solar

Canadian Solar Releases 2022 Corporate Sustainability Report

Retrieved on: 
Monday, July 31, 2023
Exercise, Workforce, Science, Science Based Targets initiative, United Nations, Sustainability reporting, Disability, Institutional Shareholder Services, Recognition, United Nations Global Compact, GHG, TCFD, Carbon, Ten Principles for the Establishment of a Monolithic Ideological System, Climate change, Water, Supplier Code of Conduct, Orphanage, Carr Center for Human Rights Policy, Climate, ESG, Ethics, Policy, Health, Letter, Environment, Safety, ISS, Renewable energy, Canadian Solar

GUELPH, ON, July 31, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announces the release of its 2022 Sustainability Report, which highlights the Company's progress toward advancing its sustainability strategy from an environmental, social, and governance (ESG) perspective.

Key Points: 
  • GUELPH, ON, July 31, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announces the release of its 2022 Sustainability Report, which highlights the Company's progress toward advancing its sustainability strategy from an environmental, social, and governance (ESG) perspective.
  • In 2022, Canadian Solar reduced its year-over-year greenhouse gas (GHG) emissions, energy, water, and waste intensity by 3%, 7%, 30% and 15% respectively.
  • Ms. Hanbing Zhang, Chief Sustainability Officer, said, "We are pleased to publish our 2022 ESG report which underscores the progress we have made toward our sustainability goals.
  • As a clean energy company, Canadian Solar contributes to global decarbonization goals by providing affordable and clean energy.

Canadian Solar Schedules Second Quarter 2023 Earnings Conference Call for August 22

Retrieved on: 
Wednesday, July 26, 2023
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GUELPH, ON, July 26, 2023 /PRNewswire/ -- Canadian Solar Inc .

Key Points: 
  • GUELPH, ON, July 26, 2023 /PRNewswire/ -- Canadian Solar Inc .
  • ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Tuesday, August 22, 2023, at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., August 22, 2023, in Hong Kong) to discuss the Company's second quarter 2023 results and business outlook.
  • A live webcast of the conference call will also be available on the investor relations section of Canadian Solar's website at www.canadiansolar.
  • A webcast replay will also be available on the investor relations section of Canadian Solar's at www.canadiansolar.

Solar Energy Storage System EP Cube Cooperates with Treedom to Boost Environmental-friendly and Sustainable Development

Retrieved on: 
Friday, July 21, 2023
Solar energy, Tree, Treedom, Eternal, Business, Partnership, Mimosa, Friends, SAN, Social media, Renewable energy, Canadian Solar

Through this initiative, all customers who purchase EP Cube will receive a tree planted by Treedom.

Key Points: 
  • Through this initiative, all customers who purchase EP Cube will receive a tree planted by Treedom.
  • As the first self-designed-and-developed residential energy storage system by Eternalplanet, a consumer-oriented independent brand under Canadian Solar, EP Cube furthers these benefits, offering greater energy savings and sustainability through compatibility with high-power solar panels, enhancing energy efficiency and cutting down energy loss.
  • By partnering with Treedom, EP Cube now offers those investing in solar energy storage a way to make an even larger positive impact by helping support tree-planting projects around the world.
  • Canadian Solar and Eternalplanet are dedicated to further popularizing this campaign and will introduce EP Cube to more markets, creating a greener and more sustainable future with their partners.

Canadian Solar's Subsidiary CSI Solar Executes on Capacity Additions Across Its Solar Supply Chain

Retrieved on: 
Wednesday, July 19, 2023
Government, Wind, Public expenditure, Canadian Solar, Carbon, Renewable energy

The ingot capacity is expected to commence production in March 2024, and the remaining capacities are expected to start production in the second half of 2024.

Key Points: 
  • The ingot capacity is expected to commence production in March 2024, and the remaining capacities are expected to start production in the second half of 2024.
  • Dr. Shawn Qu , Chairman and CEO of Canadian Solar, commented, "We are building new solar manufacturing capacity with cutting-edge technologies to meet the strong demand from our customers.
  • Inner Mongolia has plenty of wind and solar resources and the local renewable energy penetration is increasing steadily, helping us reduce the carbon footprint of our supply chain.
  • In addition, Canadian Solar's previously announced polysilicon investment in Qinghai, China, has not launched as planned due to changes related to local power supply.

Canadian Solar's Subsidiary CSI Solar Announces Full Exercise of the Over-Allotment Option

Retrieved on: 
Monday, July 17, 2023
Exercise, Solar, IPO, CSI, National Security Act 2017 (Canada), Canadian Solar, Security (finance)

Guelph, ON, July 17, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced that, in connection with the initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), CSI Solar has issued an additional 81,158,500 shares at the IPO price of RMB11.10 per share to cover over-allotments.

Key Points: 
  • Guelph, ON, July 17, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced that, in connection with the initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), CSI Solar has issued an additional 81,158,500 shares at the IPO price of RMB11.10 per share to cover over-allotments.
  • CSI Solar raised an aggregate of RMB6.9 billion (approximately US$975 million) in gross proceeds from the IPO.
  • CSI Solar has issued 81,158,500 additional shares, representing approximately 15% of the 541,058,824 shares initially available under the IPO before any exercise of the over-allotment option.
  • Following the exercise of the over-allotment option, Canadian Solar owns approximately 62% of CSI Solar.

Canadian Solar Inc. Announces Retirement of Mr. Jianyi Zhang, the Company's Chief Legal Officer, Chief Compliance Officer and Corporate Secretary

Retrieved on: 
Friday, July 14, 2023
Jianyi, Interim, Retirement, Corporation, General counsel, Transcontinental (company), Renewable energy, Canadian Solar

(the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced Mr. Jianyi Zhang's retirement as the Company's Chief Legal Officer, Chief Compliance Officer and Corporate Secretary, effective immediately.

Key Points: 
  • (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced Mr. Jianyi Zhang's retirement as the Company's Chief Legal Officer, Chief Compliance Officer and Corporate Secretary, effective immediately.
  • During his seven years at Canadian Solar, Mr. Zhang championed business integrity and led our legal team to excellence in complex matters in Canadian Solar's markets.
  • Mr. Zhang has been succeeded in his roles by Mr. Kah Locke Tham as Corporate Secretary, and Mr. Jeffrey Kalikow as Interim Chief Compliance Officer until a successor is appointed.
  • Dr. Shawn Qu , Chairman and CEO of Canadian Solar, said, "I thank Jianyi for his service at Canadian Solar for the past seven years.

Canadian Solar's Training Course Certified by NABCEP, Elevates Expertise of Residential Energy Storage Installers

Retrieved on: 
Thursday, July 13, 2023
Marketing, Intelligence, PV, Certification, NABCEP, SAN, Knowledge, Renewable energy, Canadian Solar

SAN FRANCISCO, July 13, 2023 /PRNewswire/ -- Canadian Solar's installation training course has recently been certified by NABCEP, marking another milestone in helping installers to upgrade their skills.

Key Points: 
  • SAN FRANCISCO, July 13, 2023 /PRNewswire/ -- Canadian Solar's installation training course has recently been certified by NABCEP, marking another milestone in helping installers to upgrade their skills.
  • This course covers the knowledge and techniques required to install the EP Cube residential energy storage system and is now available on the NABCEP website .
  • Canadian Solar offers EP Cube certified installers many benefits to support their business.
  • Canadian Solar makes it easy to sell and install the EP Cube providing support from training, to system design, to marketing.

Canadian Solar announces the rebranding of its CSI Solar energy storage division to e-STORAGE and accelerates growth in deployment of utility-scale energy storage

Retrieved on: 
Monday, July 10, 2023
Sabadell, SSE, Kilowatt-hour, United Kingdom, Growth, Renewable energy, Electric battery, Canadian Solar

GUELPH, ON, July 10, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and its majority-owned subsidiary CSI Solar (SSE: 688472), today announced the re-branding of e-STORAGE, CSI Solar's utility-scale battery energy storage subsidiary and platform. With e-STORAGE, Canadian Solar will accelerate its growth in the global energy storage market and operate as a distinct business unit, under CSI Solar. Previously, e-STORAGE operated as CSI Energy Storage.

Key Points: 
  • e-STORAGE, a subsidiary of CSI Solar, deploys leading-edge, flexible, turnkey energy storage solutions across the globe
    GUELPH, ON, July 10, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and its majority-owned subsidiary CSI Solar (SSE: 688472), today announced the re-branding of e-STORAGE, CSI Solar's utility-scale battery energy storage subsidiary and platform.
  • With e-STORAGE, Canadian Solar will accelerate its growth in the global energy storage market and operate as a distinct business unit, under CSI Solar.
  • e-STORAGE is fully equipped to continue providing high-quality, scalable energy storage solutions and contribute to the widespread adoption of clean energy.
  • Dr. Shawn Qu , Chairman and CEO of Canadian Solar, commented, "We are thrilled to launch e-STORAGE and accelerate the growth of our integrated utility-scale battery energy storage business.

Canadian Solar Announces U.S. Module Manufacturing Facility in Mesquite, Texas

Retrieved on: 
Thursday, June 15, 2023
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GUELPH, ON, June 15, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), headquartered in Guelph, Ontario, today announced that it is establishing a solar PV module production facility in Mesquite, Texas.

Key Points: 
  • GUELPH, ON, June 15, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), headquartered in Guelph, Ontario, today announced that it is establishing a solar PV module production facility in Mesquite, Texas.
  • Canadian Solar is building a state-of-the-art solar photovoltaic module manufacturing plant with an annual output of 5 GW, equivalent to approximately 20,000 high-power modules per day.
  • This will be Canadian Solar's first United States manufacturing facility, following its successful track record of production in Canada, China, Brazil, Thailand and Vietnam.
  • Canadian Solar is a leader in the development and commercialization of the novel Tunnel Oxide Passivated Contact (TOPCon) solar cell technology, which will be deployed in the modules produced at the Mesquite facility.

Maxeon Solar Technologies Files Patent Action Against Tongwei Solar in Germany

Retrieved on: 
Wednesday, June 14, 2023
SunPower, Canadian Solar, Research, Invention, Tongwei County, Silicon, District court, Patent, Investment, European Patent Office, Chief sustainability officer, Performing Lines, Renewable energy

SINGAPORE, June 14, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that its subsidiary Maxeon Solar Pte.

Key Points: 
  • SINGAPORE, June 14, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that its subsidiary Maxeon Solar Pte.
  • Ltd. filed a patent infringement lawsuit against Tongwei Solar (Hefei) Co., Ltd, and its subsidiary Tongwei Solar GmbH, in Dusseldorf District Court, Germany.
  • Shingled solar cell panels are typically made from separating solar cells into smaller solar cell strips and then connecting the resulting solar cell strips in an over-lapping layout.
  • In the subsequent spinoff of Maxeon Solar Technologies, Maxeon retained the intellectual property associated with solar cell and module technologies, as well the SunPower brand in the more than 100 markets it serves.