Canadian Solar

Canadian Solar designs, manufactures and commercializes solar photovoltaic modules and power systems for residential and commercial sectors. Read more

Shawn Qu's photo - Chairman & CEO of Canadian Solar

Chairman & CEO

Shawn Qu

CEO Approval Rating

60/100

Founded:

2001

Status:

PublicIndependent CompanyNASDAQCSIQ

CANADIAN SOLAR TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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SunPower is seen as one of Canadian Solar's top competitors. SunPower was founded in San Jose, California} in 1985. SunPower is in the Renewable Energy Equipment & Services industry. Compared to Canadian Solar, SunPower generates $2.5B less revenue.

JinkoSolar is Canadian Solar's #2 competitor. JinkoSolar was founded in 2006, and its headquarters is in Jingan District, Shanghai Municipality. JinkoSolar competes in the Renewable Energy Equipment & Services industry. JinkoSolar has 15,392 more employees than Canadian Solar.

First Solar is Canadian Solar's #3 rival. First Solar is headquartered in Tempe, Arizona, and was founded in 1999. Like Canadian Solar, First Solar also competes in the Renewable Energy Equipment & Services industry. First Solar generates 85% the revenue of Canadian Solar.

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Canadian Solar Quarterly and Annual Revenue

Coming soon for Canadian Solar!

Annual Revenue

$3.5B

Canadian Solar's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 1.6B.

Canadian Solar Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Avighna Solarfarms Ltd.

Nov 2018

Source »
undisclosed
-

-

Amun Solarfarms Ltd.

Nov 2018

Source »
undisclosed
-

These are all the companies that Canadian Solar has acquired. Canadian Solar has acquired 2 companies and its latest acquisition was Avighna Solarfarms Ltd. in Nov 2018.

Canadian Solar Funding History

Since Canadian Solar was founded in 2001, it has participated in 14 rounds of funding. In total Canadian Solar has raised $1.2B. Canadian Solar's last funding round was on Sep 2020 for a total of $230.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Sep 2020
$230M
-
Debt
Dec 2018
$69M
Debt
May 2017
$50M
Debt
Jan 2017
$210M
Debt
Dec 2016
$141.5M

Since Canadian Solar was founded in 2001, it has participated in 14 rounds of funding. In total Canadian Solar has raised $1.2B. Canadian Solar's last funding round was on Sep 2020 for a total of $230.0M

Canadian Solar Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Habitat Energy is an England-based SaaS platform that provides energy trading and management solutions for network operators.
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May 12, 2021
Corporate Round
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SolarWorX is a Berlin-based solar product manufacturer that designs and develops off-grid modular solar products for residential and commercial properties.
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Mar 15, 2021
Series A
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eNow designs and manufactures solar-based power systems for commercial trucking, refrigeration and marine sectors.
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May 10, 2017
Equity
-

These are all the companies that Canadian Solar has invested in. Canadian Solar has invested 2 companies and its latest investment was Avighna Solarfarms Ltd. in Nov 2018.

Canadian Solar News

May 27, 2021Benzinga

Canadian Solar Seeks To Raise $150M Via Secondary ATM Equity Offering

Canadian Solar Inc (NASDAQ: CSIQ) filed an SEC prospectus to sell up to $150 million shares under an ... See more »
May 24, 2021Infra Buddy

Canadian Solar Reports 42% YoY Rise in Module Shipments

Canada-based solar module manufacturer Canadian Solar released its financial results for the first qu... See more »
May 21, 2021Industrial Info Resources

Canadian Solar Ramps Up Battery-Storage Buildout Amid Sunny Demand for Solar

SUGAR LAND--May 21, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Canadian Solar... See more »
May 21, 2021Post Online Media

Canadian Solar Q1 revenue increased 32%

Canadian Solar announced financial results for the quarter ended March 31, 2021. Highlights Solar mod... See more »
May 13, 2021Re News

Canadian Solar backs UK storage tech outfit

Canadian Solar backs UK storage tech outfit... See more »
April 27, 2021PV-Tech

The technologies behind Canadian Solar's 600W+ module range

Canadian Solar provides a detailed analysis of the technologies that are combining within its new HiK... See more »
April 22, 2021Solar Power World

Recurrent Energy breaks ground on 100-MW Mississippi solar project

Recurrent Energy announced it has commenced construction on the 100-MWAC Sunflower Solar Project loca... See more »

Canadian Solar Press Releases

January 5, 2021PR Newswire Asia

Canadian Solar Sells Two Solar Projects to BluEarth Renewables, Supplying Low-Cost Clean Energy to the Government of Alberta

GUELPH, ON, Jan. 5, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) today ... See more »
November 30, 2020PR Newswire

Siskinds LLP Announces that a Settlement Has Been Reached in the Class Action Against Canadian Solar

/PRNewswire/ -- Canadian Solar Securities Class Action Notice of Settlement Approval Court File No. C... See more »
September 30, 2020PR Newswire Asia

Canadian Solar Raises $260 Million for Its Module and System Solutions Subsidiary in Preparation for the Carve-Out IPO

GUELPH, ON, Sept. 30, 2020 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (... See more »
August 7, 2020PR Newswire

Canadian Solar Reports Second Quarter 2020 Results

GUELPH, ON, Aug. 7, 2020 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NAS... See more »
May 5, 2020PR Newswire

Canadian Solar Schedules First Quarter 2020 Earnings Conference Call for May 28

/PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announ... See more »
March 10, 2020Network Newswire

CSIQ) to Attend 32nd Annual ROTH Conference - NetworkNewsWire

Canadian Solar (NASDAQ: CSIQ) was founded in 2001 in Canada and is one of the world's largest and for... See more »
January 14, 2020PR Newswire Asia

Canadian Solar to Present at the 22nd Annual Needham Growth Conference in New York City

GUELPH, Ontario, Jan. 15, 2020 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar... See more »

Social Media

Canadian Solar Headquarters

545 Speedvale Avenue

Guelph, OntarioN1K 1E6

1-519-837-1881

Driving Directions »

Trending Companies

Canadian Solar Summary

ABOUT

Overview

Canadian Solar designs, manufactures and commercializes solar photovoltaic modules and power systems for residential and commercial sectors. Canadian Solar was founded in 2001. Canadian Solar's headquarters is located in Guelph, Ontario, CA N1K 1E6. I...

CEO

Canadian Solar's Chairman & CEO, Shawn Qu, currently has an approval rating of 60%. Canadian Solar's primary competitors are SunPower, JinkoSolar & First Solar.

Frequently Asked Questions about Canadian Solar

  1. When was Canadian Solar founded?

    Canadian Solar was founded in 2001
  2. Who is Canadian Solar's CEO?

    Canadian Solar's CEO is Shawn Qu
  3. How much revenue does Canadian Solar generate?

    Canadian Solar generates $3.5B in revenue
  4. How much funding does Canadian Solar have?

    Canadian Solar has historically raised $1.2B in funding
  5. Where is Canadian Solar's headquarters?

    Canadian Solar's headquarters is in Guelph Ontario, CA
  1. How many employees does Canadian Solar have?

    Canadian Solar has 8,969 employees
  2. What sector does Canadian Solar operate in?

    Canadian Solar is in Renewable Energy Equipment & Services
  3. Who are Canadian Solar's competitors?

    Canadian Solar's top competitors are SunPower, JinkoSolar, First Solar
  4. Who has Canadian Solar invested in?

    Canadian Solar's has invested in companies such as Habitat Energy, SolarWorX, eNow