Canadian Solar Inc.

Recurrent Energy Brings Court Barton Solar Farm in the UK into Commercial Operation

Recurrent Energy, Canadian Solar's (NASDAQ: CSIQ) development subsidiary, has brought the 20 MWp Court Barton Solar Farm in South Devon, UK into commercial operation. The project will generate enough clean electricity to power around 8,500 homes annually while avoiding more than 6,200 tonnes of CO2 emissions, and delivers over 60% Biodiversity Net Gain including 16 acres dedicated to skylark habitat. The milestone demonstrates pipeline conversion in the UK, a key market for Canadian Solar's global project development business.

•3d ago

Recurrent Energy Completes Sale of Two 100 MW / 400 MWh BESS Projects in France to BW ESS

Canadian Solar's subsidiary Recurrent Energy completed the sale of two standalone battery storage projects in France — Baixas and Coquainvilliers, each 100 MW / 400 MWh — to BW ESS. The 200 MW / 800 MWh portfolio marks the first transaction between the two companies and BW ESS' entry into the French market; Recurrent Energy will remain involved through remaining development milestones before BW ESS leads construction and long-term ownership. No transaction value was disclosed, but the sale validates Recurrent Energy's develop-and-monetize model and supports Canadian Solar's asset-rotation strategy; the company also cited a $3.5B e-STORAGE backlog as of June 30, 2026.

•10d ago

Recurrent Energy Achieves Commercial Operation of 200 MWp Villameca Solar Project in Spain

Recurrent Energy, Canadian Solar's (CSIQ) development subsidiary, achieved commercial operation at the 200 MWp Villameca solar project in Castilla y León, Spain. The plant is expected to generate about 359,172 MWh annually, and with the 426 MWp Rey Solar and 315 MWp Tordesillas projects, Recurrent's Spanish operational capacity should reach roughly 1 GW by year-end. Villameca is expected to be hybridized with battery storage, extending the subsidiary's solar-plus-storage track record in Europe; no financial impact figures were disclosed.

•24d ago

e‑STORAGE to Supply and Commission 100 MW/200 MWh Battery Storage System for OX2 in New South Wales

Canadian Solar's e-STORAGE subsidiary signed an agreement to supply and commission a 100 MW/200 MWh battery energy storage system for OX2's Muswellbrook Solar Farm and Battery in New South Wales, Australia. Shipments begin in Q3 2027 with commercial operation targeted for Q3 2028, backed by a 20-year long-term service agreement. Battery cells and SolBank 3.0 systems will be produced in-house at Canadian Solar facilities. The deal adds to e-STORAGE's momentum, with a contracted backlog of $3.5 billion as of June 30, 2026, though no contract value was disclosed.

•1mo ago

Recurrent Energy Secures $695 Million in Project Financing for 330 MW California Solar Project

Recurrent Energy, a subsidiary of Canadian Solar, closed a $695 million financing package for its 330 MW Cobalt Solar project located in Riverside County, California. The capital structure comprises approximately $484 million in debt led by MUFG and Nord/LB, alongside a $211 million tax equity investment from Wells Fargo. Construction is underway with commercial operations anticipated by the end of 2027, at which point the facility is expected to power approximately 82,000 homes annually.

•2mo ago

E-STORAGE's KuBank 3.0 for C&I Applications Successfully Passes Large-Scale Fire Testing

Canadian Solar's e-STORAGE subsidiary announced that its KuBank 3.0 commercial and industrial energy storage system is the industry's first to pass the rigorous UL 9540A:2026 Large-Scale Fire Testing on its first attempt. The test validated the system's ability to contain thermal runaway without fire propagation to adjacent units, a critical safety milestone verified by TÜV Rheinland and ESRG. KuBank 3.0 is currently in mass production and globally available, contributing to the company's contracted backlog of $3.5 billion.

•2mo ago

Recurrent Energy Powers Up Carwarp Energy Park in Australia Under Long-Term Microsoft PPA

Recurrent Energy, a subsidiary of Canadian Solar, announced the commercial operation of the 150 MWac Carwarp Energy Park in Australia, which is backed by a long-term power purchase agreement with Microsoft. The facility is expected to generate 405 GWh of electricity annually to power approximately 65,000 households and utilizes 243,000 high-efficiency Canadian Solar TOPCon modules. The project holds grid approvals for a future 120 MW battery energy storage system and established a community benefit fund to support local sustainability initiatives.

•2mo ago

Canadian Solar's U.S.-Manufactured TOPCon and HJT HP Modules Achieve FM Approvals Recognition for Their Severe Hail Resilience

Canadian Solar announced that its U.S.-manufactured TOPCon and HJT modules received FM Approvals recognition under standards FM 4478 and FM 4480, making them the first PV modules listed as identified components for severe hail zones. The certification validates the modules' durability and is expected to improve bankability for utility-scale solar projects in regions prone to extreme weather. As of May 8, 2026, the company reported a contracted backlog of $3.5 billion, with a development pipeline totaling 24 GWp of solar power and 81 GWh of battery energy storage.

•3mo ago

CS PowerTech Launches Best in Class PV HJT Solar Cell Plant

CS PowerTech, a subsidiary of Canadian Solar, officially opened the first phase of its flagship PV cell manufacturing facility in Jeffersonville, Indiana. The plant is the first in the U.S. designed to produce heterojunction (HJT) bifacial N-type solar cells, targeting an annual production capacity of more than 6 GWp. This $1 billion investment is expected to create over 1,200 jobs and represents a significant step in reshoring advanced manufacturing to support U.S. energy infrastructure.

•3mo ago

Canadian Solar Makes S&P Global Energy Premier List of Tier 1 Cleantech Companies 2026

Canadian Solar was named a Tier 1 supplier for both battery energy storage systems and PV modules in S&P Global Energy's 2026 list of cleantech companies. This selection is based on criteria including market presence, cumulative shipments, and financial performance, highlighting the company's dual capability in solar and storage technologies. The company reported a cumulative shipment of nearly 177 GW of PV modules and over 20 GWh of battery storage solutions, with a contracted backlog of $3.5 billion as of May 8, 2026.

•3mo ago

e‑STORAGE to Deliver 426 MWh of Energy Storage in Florida

Canadian Solar's subsidiary e-STORAGE secured a supply agreement with a Florida utility to deliver a 95 MW/426 MWh battery energy storage system. The project, utilizing SolBank 3.0 battery packs, is targeted for commercial operation in early 2028 and marks the company's entry into the Florida market. This contract adds to Canadian Solar's existing $3.5 billion contracted backlog and supports its 81 GWh of global battery storage pipeline.

•4mo ago

e-STORAGE to Supply 381 MWh Battery Storage System for Apex Clean Energy in Michigan

Canadian Solar's subsidiary e-STORAGE secured a contract to supply a 75 MW / 381 MWh battery energy storage system to Apex Clean Energy for a project in Branch County, Michigan. The system will feature e-STORAGE's SolBank 3.0 technology and is slated for commercial operation by mid-2027, supporting Michigan's regulatory mandate to deploy 2,500 MW of storage by 2030. This win adds to Canadian Solar's substantial contracted backlog of $3.5 billion and highlights its integrated battery storage capabilities.

•4mo ago

Canadian Solar Achieves Silver Certification Under SSI Supply Chain Traceability for Ingot and Cell Production

Canadian Solar announced that its Baotou ingot and Suqian solar cell facilities achieved Silver Level Supply Chain Traceability Certification from the Solar Stewardship Initiative, making it the first manufacturer to hold this status for both production stages. CEO Colin Parkin stated that the certification marks an important milestone in strengthening transparency and accountability across the supply chain to meet responsible manufacturing standards. The company also highlighted its scale, noting a contracted backlog of $3.5 billion and cumulative shipments of over 20 GWh of battery storage solutions.

•4mo ago

e-STORAGE and Axpo Partner on First Joint Battery Project in Italy

Canadian Solar's subsidiary e-STORAGE partnered with Axpo to deploy an 8 MW/40 MWh battery storage system in southern Italy, marking e-STORAGE's first project in the country. The project, located at Axpo's Rizziconi power plant in Calabria, is scheduled to begin construction at the end of 2026 with commercial operation expected in early 2028. e-STORAGE will supply its SolBank 3.0 battery blocks and EQ-S Energy Management System for the installation, leveraging existing grid infrastructure to provide flexibility services.

•4mo ago

Canadian Solar Launches TOPCon 3.0 High-Power-Density Module, Delivering up to 670 Wp, 24.8% Efficiency and Lower LCOE for Utility-Scale and C&I Solar Projects

Canadian Solar announced the launch of its TOPCon 3.0 high-power-density module, featuring up to 670 Wp power output and 24.8% conversion efficiency for utility-scale and C&I applications. The new module leverages multi-cut technology to achieve 90% bifaciality and a temperature coefficient of -0.26%/°C, resulting in up to 1.4% lower LCOE and degradation rates of 0.35% annually. Global mass shipment is scheduled to begin in August 2026, with the product set to be showcased at Intersolar Europe in Munich later this week.

•4mo ago