7GW! Canadian Solar (USA) to Supply Solar Module to Overseas Customer

PVTIME – On 9 August 2023, CSI Solar Co., Ltd.(688472.SH), a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), released an announcement that Canadian Solar (USA) Inc., a wholly owned subsidiary of Canadian Solar, recently signed a solar module supply agreement with a customer.

According to the announcement, Canadian Solar (USA) will supply 7GW of solar modules to the customer from 2024 to 2030. 3GW of the modules will be confirmed by the customer 2 years prior to delivery.

This particular long-term order is considered as a continuous recognition of Canadian Solar’s products by major overseas customers. Canadian Solar aims to promote its healthy and sustainable development in the future by providing stable and high-quality services to global partners. The new order will not have a significant impact on its performance in 2023, but is expected to have a positive impact on its operating results in the coming years.

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