About Candian Solar
Dr. Shawn Qu, Chairman, President and Chief Executive Officer founded Canadian Solar (NASDAQ: CSIQ) in 2001 in Canada, with a bold mission: to foster sustainable development and to create a better and cleaner earth for future generations by bringing electricity powered by the sun to millions of people worldwide.
Under Dr. Qu’s leadership, we have grown into one of the world’s largest solar photovoltaic products and energy solutions providers, as well as one of the largest solar power plant developers globally. We have cumulatively delivered over 67 GW of solar modules to thousands of customers in more than 160 countries, enough to meet the clean, green energy needs of approximately 15.8 million households. We have more than 14,000 dedicated employees to strive each day to make this mission a reality.
Customers choose us because we deliver the best-possible value. Our modules and system solutions combine superior quality with market-leading cost structures. And our solar projects consistently achieve the highest production values and returns on investment. Canadian Solar (CSIQ) currently have 24.4 GW of solar projects and 27 GWh of storage projects in pipeline, and are uniquely positioned to provide project development and complete turnkey solar solutions.
By bundling services for the entire project life cycle—feasibility study, permitting, developing, engineering, procurement, construction, and maintenance—we can significantly reduce complexity and cost for industrial and commercial customers. In 2020, we raised $260 million capital for the planned Company’s MSS business’ carve-out IPO and completed a $230 million convertible bond issuance. It will provide us with quick expanding our manufacturing capacity together with the most advanced technologies for supporting our target from 20 GW to 22 GW of shipments and 1.8GWh to 1.9 GWh of battery storage shipments in 2022.