Canadian Solar Announces Filing of Annual Report for 2024 with SEC

Canadian Solar Files Annual Report for 2024

Canadian Solar Inc., a giant in the renewable energy sector, has officially submitted its annual report on Form 20-F for the fiscal year concluding December 31, 2024. This significant announcement was made on April 30, 2025. The report is intended for the U.S. Securities and Exchange Commission (SEC) and offers a comprehensive snapshot of the company's financial health and operational performance.

Founded in 2001 and based in Kitchener, Ontario, Canadian Solar has established itself as a leader in the manufacturing of solar photovoltaic (PV) modules, as well as being a prominent provider of solar energy solutions and battery storage systems. Throughout its 24-year history, the company has achieved remarkable milestones, delivering nearly 150 gigawatts (GW) of top-tier solar modules across the globe.

In addition to its module manufacturing prowess, Canadian Solar fuels its growth through its subsidiary, e-STORAGE, which, as of December 31, 2024, has successfully shipped over 10 gigawatt-hours (GWh) worth of battery storage solutions. This subsidiary also boasts a substantial backlog of contracted projects valued at approximately $3.2 billion.

Since venturing into project development in 2010, Canadian Solar has developed, constructed, and interconnected around 11.5 gigawatt-peak (GWp) of solar projects and 4.5 GWh of battery energy storage facilities internationally. Their current pipeline of projects is geographically diverse, comprising about 25 GWp of solar capacity and an impressive 75 GWh of battery storage projects in various stages of development.

Canadian Solar is widely regarded as one of the most reliable and bankable companies within the solar and renewable energy landscape, reflecting its publicly-traded status on the NASDAQ since 2006. With innovative solutions, strong financial foundations, and a commitment to sustainable practices, the company continues to advance its mission of providing clean, renewable energy solutions to customers worldwide.

Interested stakeholders can access the annual report on the company’s Investor Relations website or the SEC’s official site for more detailed insights into the report. The provision of transparent and accessible reporting is part of Canadian Solar’s commitment to maintaining a robust dialogue with its investors and the public.

As the demand for renewable energy sources accelerates globally, Canadian Solar stands at the forefront, poised for future growth and continued contributions to the industry.

For more information regarding Canadian Solar and its initiatives, you can follow the company on LinkedIn or visit their official website at Canadian Solar.