Canadian Solar - Statistics & Facts

Canadian Solar was founded in 2001 and has its headquarters in Guelph, Ontario. One of its first products was a small solar charger to maintain car batteries during production for Volkswagen Mexico. Canadian Solar became one of the major suppliers for Germany’s 2004 feed-in-tariff program, specifically for its rooftop solar projects.

This international company has subsidiaries in 20 countries including Italy, South Africa, and Hong Kong. Until 2011, Canadian Solar was relatively unknown in Canada, as a large share of its manufacturing facilities was located in China. In that year, the company opened its first manufacturing plant on home-soil in Ontario. The company’s decision to build this factory was partially fueled by the province’s Green Energy Act (GEA). The GEA was established to increase renewable energy production, energy conservation, and create new jobs in the industry. Its implementation in 2009 has led to Ontario becoming a leader in the renewable energy industry in Canada and across North America.

Canadian Solar is a publicly traded company with a pipeline of utility projects across the world. Its focus revolves primarily on the production of solar modules, solar power systems, off-grid residential systems, and other specialized solar photovoltaic (PV) products. In fact, the company is one of the largest solar module manufacturers in the world. Its PV modules are mostly composed of mono-crystalline cells and poly-crystalline cells. Mono-crystalline cells are made of silicon ingots which have rounded edges, making them one of the most space-efficient cell types. Polycrystalline cells were the first type of solar cells used in the photovoltaic industry. For these cells, silicon is melted and poured into a square mold to minimize waste. The company currently offers an enhanced product and performance warranty which guarantees a high level of power output from its modules.

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