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”.
Recurrent Energy, the renewable energy developer arm of solar manufacturer Canadian Solar, has reached financial close on a 171MW solar-plus-storage project in Victoria, Australia.
Recurrent Energy, the renewables developer arm of solar manufacturer Canadian Solar, has reached commercial operation of its 100MW solar PV project in Texas, US.
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.
