Canadian Solar (NASDAQ: CSIQ) is one of the world’s leading manufacturers of photovoltaic solar panels. It was founded in 2001 in Canada. In 2019, the company was already in the TOP 5 of the world’s largest solar PV panel manufacturers for large-scale residential and industrial solar self-consumption and utility-scale solar installations.
Today, the company operates as a global energy provider with successful business subsidiaries on 5 continents. Canadian Solar manufactures solar photovoltaic panels at its factories in Canada, Brazil, Thailand, China and Vietnam.
As a result, it is one of the global leaders in the solar photovoltaic sector. It has a production capacity of more than 30GW. Canadian Solar is vertically integrated for the manufacture of ingots, wafers, solar cells, solar panels, photovoltaic systems and related solar products. In other words, the company takes the solar panel manufacturing process from raw material to finished product. Thus ensuring an integrated quality control that includes the entire manufacturing process of its solar modules.
The multinational announced that it has set a world efficiency record for silicon solar cells, reaching 23.81% conversion efficiency. The record was certified by the Institute für Solarenergieforschung GmbH (ISFH) in Germany.
Canadian Solar’s solar panels comprise polycrystalline cell panels, monocrystalline cells and high efficiency PERC (Passivated Emitter and Rear Contact) cells as well as Half Cell Photovoltaic and HJT (Heterojunction) split cell panels. KuMax and KuPower Series solar panels, HiKu HiKuPro HiKu5 HiKu6 HiKu7 HiHero up to 670w and BiKu and BiHiKu bifacial solar panels along with HDMI and HJT and TopCon high efficiency panels.
Canadian Solar has a product warranty of up to 25 years on the product and 25 years on the performance warranty.
Finally, the manufacturer has more than 250 scientists, engineers and technicians conducting research to continuously improve solar cell and module technologies. With R&D investments of more than $600 million, over 617 global patents and strategic research and development partnerships with NREL, ECN and DuPont, Canadian Solar is a globally recognised innovator in the solar industry.