Canadian Solar to add 14GW of wafer and cell manufacturing capacity in China

Canadian Solar expects to end 2023 with 50GW of cell and module capacity. Image: Canadian Solar.

CSI Solar has announced plans to expand its solar and battery storage manufacturing capacity in China, through an investment agreement with the municipal government of Yangzhou City in Jiangsu Province.

The company – a subsidiary of Solar Module Super League (SMSL) member Canadian Solar – said that it plans to add vertically integrated high efficiency wafer, cell, module and battery storage production capacity under the agreement, to be deployed in three phases.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The first phase, expected to begin production in the second half of this year, will add 14GW of annual wafer and cell production capacity. Canadian Solar said that the second and third phases of the agreement are subject to change and offered no construction or completion timeline.

Canadian Solar said that it now foresees ending 2023 with 20GW of ingot, 35GW of wafer, and 50GW of cell and module capacity in light of this announcement.

In September, the company announced a target of 10GWh of annual battery manufacturing capacity by 2024

Shawn Qu, chairman and CEO of Canadian Solar said: “Our capacity additions will further enhance our profitability in an environment of rapidly declining upstream raw material costs, and we are dynamically adjusting our capacity plans to account for a market backdrop with pockets of large supply as well as pockets of tight supply relative to demand.”

At the end of last year the company announced plans to focus increasingly on TOPCon module technology, saying it would begin mass-production of the technology in Q1 2023. It forecast that TOPCon would account for around a third of its module shipments this year.

Fellow SMSL member Trina Solar saw the first of its n-type TOPCon cells roll off the production line in the first days of this year from one of its Chinese facilities. PV Tech Premium recently looked in-depth at a new LONGi expansion plan targeting 100GW of mono wafer and 50GW of cell production capacity.

PV Tech today covered a recent report from BloombergNEF that saw 91% of global renewable energy manufacturing investment heading to China in 2022.

25 April 2024
5pm BST (9am PDT)
The webinar will provide the very latest trends in PV module supply and what is important when assessing product quality and reliability. How many of the imported modules for example, from Southeast Asia and India, are based on n-type TOPCon and heterojunction now? What is important to look at when assessing these new technologies’ reliability?
9 May 2024
4pm BST (8am PDT)
Almost half way through another turbulent year in the PV industry, where have we got to so far in 2024? This webinar – delivered exclusively form PV Tech’s head of research, Dr. Finlay Colville, will shed light on how the PV industry is adapting to a new phase of cut-throat pricing, loss-making and trade-war complications. A perfect time to ask questions – before, during and after the live webinar – Dr. Colville will offer his thoughts on: - Why there is so little consolidation in the sector - Why so many companies appear untroubled to accumulate losses - Whether this somewhat toxic manufacturing environment is potentially making technology roadmap projections somewhat easier than in the past
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Sydney, Australia