#Canada #Renewable Energy #Canadian Solar #Kitchener #NASDAQ: CSIQ

Canadian Solar Inc. Annual Meeting Overview

Canadian Solar Inc., a major player in the solar technology sector, conducted its Annual Meeting of Shareholders on June 20, 2025 in Kitchener, Ontario. At this key gathering, the company presented important updates regarding its governance and financial performance. All proposals put forth for shareholder approval were successfully voted in without objection, marking a productive meeting for the company.

Key Proposals Approved

During the meeting, shareholders approved the election of several directors who will guide the company until the next annual meeting or until their successors are nominated. The re-elected directors include:

• - Shawn (Xiaohua) Qu
• - Yan Zhuang
• - Harry E. Ruda
• - Andrew (Luen Cheung) Wong
• - Lauren C. Templeton
• - Leslie Li Hsien Chang
• - Yuan Yuan Zhang Qu

Additionally, the shareholders also approved the re-appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the company’s auditors. The decision included authorizing the directors to determine the remuneration for these auditors, which ensures continued accountability and transparency in Canadian Solar’s financial operations.

About Canadian Solar Inc.

Founded in 2001, Canadian Solar has established itself as one of the largest global solar technology and renewable energy companies. With its headquarters in Kitchener, Ontario, the firm prides itself on its comprehensive portfolio that includes manufacturing high-quality solar photovoltaic modules and developing utility-scale solar power and battery energy storage solutions.

Since its inception, the company has successfully shipped nearly 157 GW of solar products to customers worldwide, highlighting its significant impact on the renewable energy sector. In 2025, Canadian Solar reported a backlog of $3.2 billion in contracted projects, showcasing its strong position in the market.

Canadian Solar is also known for its subsidiary e-STORAGE, which specializes in battery energy storage solutions. As of the end of March 2025, the company had delivered over 11 GWh of these solutions to various markets, reinforcing its commitment to a sustainable energy future.

Development Projects and Future Outlook

Since entering the project development arena in 2010, Canadian Solar has made remarkable strides. The firm has developed, constructed, and connected about 11.6 GWp of solar projects and 4.5 GWh of battery energy storage projects on a global scale. Currently, it oversees a diversified project pipeline comprising 27 GWp of solar and 76 GWh of battery storage capacity, which are at various stages of development.

With its emphasis on innovation and sustainability, Canadian Solar aims to lead the charge in renewable energy. Over the years, it has garnered a reputation for being one of the most bankable firms in the solar sector, with its shares traded on the NASDAQ since 2006.

For those interested in learning more about Canadian Solar's renewable initiatives and future projects, visit the company’s official website at www.canadiansolar.com or follow them on LinkedIn.

Conclusion

The successful annual meeting reiterates Canadian Solar’s transparent governance practices and commitment to growing its influence in renewable energy. With a robust outlook for growth and sustainability initiatives, the company is poised to continue making a significant impact in the solar and energy storage markets.