Canadian Solar Inc. is a major manufacturer of solar technology and renewable energy solutions. The company operates through two primary business segments: CSI Solar and Recurrent Energy. The CSI Solar segment, which accounts for the vast majority of the company's revenue (over 90% in 2024), is responsible for the design, manufacturing, and sale of solar ingots, wafers, cells, and photovoltaic (PV) modules. This segment also includes the e-STORAGE business, which produces utility-scale battery energy storage systems. The Recurrent Energy segment focuses on the global development, financing, construction, and operation of utility-scale solar and battery storage projects, transitioning toward an independent power producer (IPP) model. Geographically, Canadian Solar has a diversified footprint, with significant manufacturing capacity in China, Southeast Asia, and the United States, and a strong sales presence across the Americas, Asia, and Europe. The company's competitive position is supported by its large manufacturing scale, vertical integration, and N-type TOPCon solar cell technology, allowing it to deliver tens of gigawatts of solar modules annually to a global customer base.
