1. Canadian Solar filed its annual report for 2024 with the SEC. 2. The company has delivered nearly 150 GW of solar modules globally. 3. Canadian Solar has a US$3.2 billion contracted backlog as of December 2024. 4. The firm holds a diverse project pipeline of 25 GW solar and 75 GWh storage. 5. Canadian Solar is recognized as a highly bankable company in the renewable energy sector.
The filing of the annual report indicates corporate transparency and confidence. This typically strengthens investor trust and can lead to a positive price reaction, similar to past filings that resulted in stock price increases.
The filing of the annual report is a key corporate event that details performance and outlook. Given CSIQ's prominent position in the solar industry, this information is likely to significantly impact its market performance.
The information in the annual report reflects the company's sustained growth and strategic direction, which can bolster its long-term valuation. Historical precedents show that solid annual reports often lead to sustained positive market sentiment over months.
/PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced the filing of its annual report on Form 20-F for the year ended on December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC"). The annual report on Form 20-F can be accessed on the Company's Investor Relations website at www.canadiansolar.com or on the SEC's website at www.sec.gov.
Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 150 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 10 GWh of battery energy storage solutions to global markets as of December 31, 2024, boasting a US$3.2 billion contracted backlog as of December 31, 2024. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 11.5 GWp of solar power projects and 4.5 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 25 GWp of solar and 75 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Wina Huang
Investor Relations
Canadian Solar Inc.
whuang@canadiansolar.com
SOURCE Canadian Solar Inc.