Canadian Solar Unites Global Energy Development and Services Under Recurrent Energy Brand


As a worldwide improvement and repair enterprise, Recurrent Vitality is likely one of the largest and most geographically diversified utility-scale photo voltaic and vitality storage challenge improvement platforms, with a powerful monitor file in origination, improvement, financing, and building of virtually 9 GWp of photo voltaic. and three GWh of battery storage energy vegetation on six continents.

Canadian Photo voltaic Inc. (the “Firm” or “Canadian Photo voltaic”) (NASDAQ: CSIQ) right now introduced the rebranding of its wholly owned World Vitality subsidiary as Recurrent Vitality. Recurrent Vitality, beforehand the Firm’s North American utility-scale photo voltaic and vitality storage challenge developer, will now embody all international improvement and companies companies.

As a worldwide improvement and repair enterprise, Recurrent Vitality is likely one of the largest and most geographically diversified utility-scale photo voltaic and vitality storage challenge improvement platforms, with a powerful monitor file in origination, improvement, financing, and building of virtually 9 GWp of photo voltaic. and three GWh of battery storage energy vegetation on six continents. Recurrent Vitality has established a management place in photo voltaic and battery storage challenge improvement, with a complete pipeline of 25 GWp in photo voltaic and 47 GWh in battery storage, of which 14 GW and 12 GWh every have connections (as of January 31, 2023). As well as, Recurrent Vitality’s companies enterprise has 6 GW of tasks beneath operation and upkeep contracts, both operational or contract tasks.

Dr. Shawn Qu, Chairman and CEO, Canadian Photo voltaic, commented, “Recurrent Vitality has a powerful model and monitor file in clear vitality challenge improvement and execution, bringing on-line among the first and largest photo voltaic, photo voltaic plus storage and standalone vitality on the earth. storage tasks. As Canadian Photo voltaic continues to make a distinction by supporting the worldwide transition in the direction of a extra dependable, low carbon grid, we’re happy to streamline our improvement companies and operation and upkeep beneath the Recurrent Vitality umbrella. Recurrent Vitality is now built-in with its international mission and development.”

About Canadian Photo voltaic Inc.

Canadian Photo voltaic was based in 2001 in Canada and is likely one of the largest photo voltaic expertise and renewable vitality firms on the earth. It’s a main producer of photo voltaic photovoltaic modules, supplier of photo voltaic vitality and battery storage options, and developer of utility-scale solar energy and battery storage tasks with a geographically diversified pipeline in varied levels of improvement. Over the previous 22 years, Canadian Photo voltaic has efficiently delivered round 88 GW of premium high quality, photo voltaic photovoltaic modules to prospects all over the world. Likewise, since coming into the challenge improvement enterprise in 2010, Canadian Photo voltaic has developed, constructed and related round 8.8 GWp in additional than 20 international locations all over the world. Presently, the Firm has roughly 574 MWp of tasks in operation, 6.7 GWp of tasks beneath building or within the backlog (late-stage), and a further 18 GWp of tasks in superior and early- stage pipeline. Canadian Photo voltaic is likely one of the most bankable firms within the photo voltaic and renewable vitality business, publicly listed on NASDAQ since 2006. For extra details about the Firm, comply with Canadian Photo voltaic on LinkedIn or go to www. canadiansolar.com.



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