csi solar

International solar manufacturer Canadian Solar has posted stable financials in Q3 2025, as its solar module and battery energy storage system (BESS) sales shift.

Canadian Solar shipped 7.9GW of modules in the second quarter of this year, a 14% quarter-on-quarter increase.

CSI Solar, the PV manufacturing subsidiary of Canadian Solar, has posted massively decreased profits in Q1 2025 amid what it described as “high trade barriers” and “severe supply-demand imbalances”.

Canadian Solar has recorded a 1% quarter-on-quarter increase in revenues in the fourth quarter of 2024, while year-end profits have fallen.

US$14 million net losses for the quarter compared with net income of US$4 million in Q2 2024 and US$22 million in Q3 2023.

Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.

Canadian Solar's quarterly module shipment decreased by more than 20%, but it posted a net income of US$12.4 million in Q1 2024.

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Canadian Solar's total module shipments in Q3 this year increased by 39% to 8.3GW year-on-year, and 1% quarter-on-quarter.