Canadian Solar

Canadian Solar was founded by Shawn Qu in Guelph, Ontario, in 2001, is headquartered in Kitchener, Ontario, and has traded on NASDAQ since 2006 (CSIQ). Its Manufacturing segment comprises CS PowerTech, which makes solar and battery products for the US market, and CSI Solar, listed in Shanghai (688472), which serves other markets. CS PowerTech runs a Mesquite, Texas module factory being expanded from 5 GWp to 10 GWp and an HJT cell plant in Jeffersonville, Indiana, that opened in July 2026. Recurrent Energy develops, owns and sells solar and storage projects, with a pipeline of about 22 GWp of solar and 84 GWh of storage on June 30, 2026. The company has delivered nearly 180 GW of modules and, through e-STORAGE, more than 23 GWh of battery storage. Q2 2026 revenue was $1.21B with a net loss of $77M, and it held $1.9B of cash against $7.1B of debt on June 30, 2026. Colin Parkin became CEO on May 14, 2026, succeeding Qu, who became Executive Chairman and CTO.