CSIQ - Public offerings

KITCHENER, ON, Jan. 13, 2026 /PRNewswire/ -- Canadian Solar Inc. (NASDAQ:CSIQ) (the "Company", or "Canadian Solar") today announced the closing of its previously announced offering of US$230 million aggregate principal amount of 3.25% convertible senior notes due 2031 (the "Notes"), including the exercise of option by the initial purchasers in full to purchase an additional US$30 million aggregate principal amount of the Notes. The Notes were offered in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The net proceeds from the offering are approximately US$223.1 m

KITCHENER, ON, March 25, 2025 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter Highlights Highest single quarter of e-STORAGE shipments to date at 2.2 GWh.Expanded e-STORAGE pipeline to record 79 GWh, including $3.2 billion in contracted backlog, as of December 31, 2024.Full Year 2024 Highlights 31.1 GW of solar module shipments by CSI Solar.6.6 GWh of energy storage shipments by CSI Solar, a year-over-year ("yoy") increase of over 500%.Recurrent Energy brought record 1.3 GWp of solar projects to commercial operation.Dr. Shawn Qu, Chairman and C

KITCHENER, ON, Dec. 5, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the third quarter ended September 30, 2024. Highlights 16.4% gross margin, above guidance of 14% to 16%.Grew e-STORAGE contracted backlog to record $3.2 billion, as of November 30, 2024.Achieved final closing of BlackRock's $500 million investment in Recurrent Energy.Dr. Shawn Qu, Chairman and CEO, commented, "The solar industry faces significant external and internal challenges. While we have achieved relatively strong results, the outlook remains complex. We are currently operating at an optimal scale with industry-leading technologies, an

NEW YORK and GUELPH, Ontario, Oct. 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ:CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the final closing of a $500 million investment in Recurrent Energy by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The transaction, announced in January 2024, has been completed following the receipt of the second and final payment. The first payment took place in June 2024. As agreed between the parties, BlackRock's total investment has reached $500 million, representing 20% of the outstanding fully diluted sha

GUELPH, ON, Aug. 22, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the second quarter ended June 30, 2024. Highlights Solar module shipments of 8.2 GW, above guidance of 7.5 GW to 8.0 GW.Net revenues of $1.6 billion, in line with guidance of $1.5 billion to $1.7 billion.17.2% gross margin, in line with guidance of 16% to 18%.e-STORAGE backlog grew to $2.6 billion, backed by a record 66 GWh of pipeline, as of June 30, 2024.Recurrent Energy expanded its total development pipeline to 27 GWp of solar and 63 GWh of battery energy storage, as of June 30, 2024.Achieved initial closing of BlackRock's investment in Re

GUELPH, ON, March 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter and Full Year 2023 Highlights 26% increase in solar module shipments year-over-year ("yoy") to 8.2 GW, above guidance range of 7.6 GW to 8.1 GW.Record full year solar module shipments of 30.7 GW by CSI Solar, a 45% increase yoy.Record full year revenues of $7.6 billion.Record full year net income attributable to Canadian Solar of $274 million, or $3.87 per diluted share.Record 63 GWh of e-STORAGE pipeline, of which $2.6 billion is contracted backlog, as of January 31, 20

GUELPH, ON, Nov. 14, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the third quarter ended September 30, 2023. Third Quarter Highlights 39% increase in solar module shipments year-over-year ("yoy") to 8.3 GW.Net revenues of $1.85 billion, with a 16.7% gross margin, and net income attributable to Canadian Solar of $0.32 per diluted share.$2.6 billion e-STORAGE contracted backlog, as of November 14, 2023, of which approximately half are expected deliveries for 2024 that are likely to be meaningfully gross and net margin accretive helped by the favorable cost environment.Recurrent Energy expanded its total devel

GUELPH, ON, Aug. 22, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the second quarter ended June 30, 2023. Highlights Record quarterly net income attributable to Canadian Solar of $170 million or $2.39 per diluted share, compared to net income of $84 million, or $1.19 per diluted share, in the first quarter of 2023, and net income of $74 million, or $1.07 per diluted share, in the second quarter of 2022.62% increase in solar module shipments year-over-year ("yoy") to 8.2 GW, compared to guidance of 8.1 GW to 8.4 GW.39% increase in net revenues quarter-over-quarter ("qoq") and 2% yoy to $2.4 billion, compared t

Guelph, ON, July 17, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced that, in connection with the initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), CSI Solar has issued an additional 81,158,500 shares at the IPO price of RMB11.10 per share to cover over-allotments. As a result, CSI Solar has raised additional gross proceeds of RMB0.9 billion (approximately US$125 million), in addition to the previously announced IPO gross proceeds of RMB6.0 billion (approximately US$850 million), before deducting offering expenses. CSI Solar raised an aggregate of RMB6.9 billion (approximately US$975

e-STORAGE, a subsidiary of CSI Solar, deploys leading-edge, flexible, turnkey energy storage solutions across the globe GUELPH, ON, July 10, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) and its majority-owned subsidiary CSI Solar (SSE: 688472), today announced the re-branding of e-STORAGE, CSI Solar's utility-scale battery energy storage subsidiary and platform. With e-STORAGE, Canadian Solar will accelerate its growth in the global energy storage market and operate as a distinct business unit, under CSI Solar. Previously, e-STORAGE operated as CSI Energy Storage. e-STORAGE launches with nearly 26 GWh of energy storage projects in its total pipel

GUELPH, ON, June 9, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) today announces that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has completed its initial public offering ("IPO") process and its shares started trading on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 9, 2023 under the stock code 688472.  In the IPO, CSI Solar issued 541,058,824 shares, representing 15% of 3,607,058,824 shares outstanding immediately after the IPO. In addition, CSI Solar has granted the principal underwriter of the IPO a 30-day option to purchase up to an additional 81,158,500 shares of CSI Solar to cover over-allotments, if a

GUELPH, ON, May 30, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) today announces that, in connection with the proposed initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") on the Sci-Tech Innovation Board of the Shanghai Stock Exchange, the Shanghai Stock Exchange has announced the pricing of the IPO of CSI Solar's shares.  CSI Solar plans to issue 541,058,824 shares, representing 15% of 3,607,058,824 shares outstanding immediately after the IPO. In addition, CSI Solar plans to grant the principal underwriter of the IPO a 30-day option to purchase up to an additional 81,158,500 shares of CSI Solar to

GUELPH, ON, May 22, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) today announces that, in connection with the proposed initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") on the Sci-Tech Innovation Board of the Shanghai Stock Exchange, the exchange has posted CSI Solar's updated IPO prospectus, including an indicative IPO timetable on the exchange's website.  According to the updated IPO prospectus and indicative timetable, CSI Solar plans to issue 541,058,824 shares, representing 15% of 3,607,058,824 shares outstanding immediately after the IPO. In addition, CSI Solar plans to grant the principal un

GUELPH, ON, Dec. 13, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ:CSIQ), announced today that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") received approval for the proposed initial public offering and listing of its shares by the stock listing committee of the Science and Technology Innovation Board ("STAR Market") of the Shanghai Stock Exchange. On December 13, 2021, the stock listing committee of the STAR Market determined that CSI Solar had met the offering, listing and disclosure requirements related to its proposed STAR Market listing. As a next step, CSI Solar will be required to go through the registration process with the C

GUELPH, ON, Aug. 12, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ:CSIQ) today announced financial results for the quarter ended June 30, 2021. Highlights Solar module shipments of 3.7 GW in the second quarter of 2021, top end of 3.5 GW to 3.7 GW guidance. Revenue increased 105% year-over-year ("yoy") to a record $1.43 billion, in line with guidance of $1.4 billion to $1.5 billion. Gross margin of 12.9%, ahead of guidance range of 9.5% to 10.5%. Net income attributable to Canadian Solar of $11 million, or $0.18 per diluted share. 1.5 GWh of battery storage projects under construction and 19 GWh of total storage development pipeline. Published the ESG S

GUELPH, ON, June 28, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ), today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has submitted the application documents for its potential initial public offering ("IPO") and listing on the Science and Technology Innovation Board (the "STAR" Market) of the Shanghai Stock Exchange. The documents have been received by the Shanghai Stock Exchange. In July 2020, Canadian Solar announced its plan to publicly list the shares of its CSI Solar subsidiary, formerly mainly the Module and System Solutions and the China Energy business, on China's stock market. The Company has chosen the

GUELPH, ON, March 8, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund ("CSIF", TSE: 9284) for JPY 30.6 billion (approximately US$283 million). To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over JPY 18 billion (US$166 million) on the Tokyo Stock Exchange. Canadian Solar participated in this transaction and continues to own approximately 15% of CSIF. Additionally, CSIF issued over JPY 19 billion (US$175 million