CSI Solar completes IPO, begins trading on Shanghai Stock Exchange

Facebook
Twitter
LinkedIn
Reddit
Email
Canadian Solar now owns 64% of CSI Solar, provided the over-allotment option in the IPO is not taken. Image: Canadian Solar

CSI Solar has completed its initial public offering (IPO) and begun trading on the Shanghai Stock Exchange as of June 9th.

Two weeks ago CSI Solar – which is the solar manufacturing subsidiary of Canadian Solar – released the pricing of the shares to be offered in the IPO. They were listed at RMB11.10 (US$1.55) per share, with the total closing revenue of the IPO sitting at approximately RMB6 billion (US$840 million).

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Canadian Solar now owns 64% of CSI Solar, provided that the over-allotment option included in the IPO – which entitles the principal underwriter to purchase an additional 81,158,500 CSI shares to cover any over-allotment – is not taken. The parent company’s ownership will drop to 62% if the over-allotment option is taken.

In Q1 of this year, via CSI Solar, Canadian Solar shipped 6.1GW of modules, largely to China, Brazil and the US. Elsewhere in its business, April saw the company consolidate its global solar development business under the moniker of Recurrent Energy, which previously handled only its North American operations.

According to a recent PV Tech article, Canadian Solar currently has 35GW of solar cell production capacity, placing it amongst the top producers worldwide.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

October 6, 2025
Genesis Energy and FRV Australia have mutually agreed to terminate their solar development joint venture while maintaining co-ownership of the 63MWp Lauriston solar PV power plant in Canterbury, New Zealand.
Premium
October 6, 2025
Talon PV aims to be the first US company to safely manufacture TOPCon cells at scale, backed by European technology and a crucial First Solar licensing deal.
October 6, 2025
Indian infrastructure company focused on rooftop and ground-based solar power installations, PVV Infra has secured solar power orders worth INR7.9 billion (US$90 million) through two of its subsidiaries. 
October 6, 2025
US utility AES Corporation is reportedly in discussions to be acquired by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock.
October 6, 2025
Indian solar developer ACME Group has established a new subsidiary to manage its renewable equipment manufacturing business, under which it is planning to scale production of TOPCon PV modules.
October 6, 2025
Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland