L R AS Published on Saturday 15 April 2023 - n° 441 - Categories:industry, industrial strategy
Canadian Solar reorganizes, expands capacity
Its North American subsidiary, Recurrent Energy, becomes the umbrella organisation for global project development and service for solar power plants and battery storage. It is entrusted with a portfolio of
of solar power and 3 GWh of battery storage on six continents, as well as a pipeline of 25 GWp of solar power and 47 GWh of battery storage.
PV Tech of 11 April 2023
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CSI Solar, a subsidiary of Canadian Solar, is expanding its ingot, wafer, cell and panel manufacturing capacity in 2024 to meet strong market demand and accelerate growth. By the end of the first quarter of 2024, ingot capacity will increase from 20 GW to 50 GW; wafer capacity from 35 GW to 50 GW; cell capacity from 50 GW to 60 GW; and panel capacity from 50 GW to 75 GW. At the end of 2022, the company's capacity in 2022 was 20 GW of ingots, 20 GW of wafers, 19.8 GW of cells and 32.2 GW of panels. All new capacity additions will use N-type technology.
PV Magazine of 12 April 2023
Editor's note: This drive to increase capacity is in line with the behaviour of other manufacturers: it is imperative to increase capacity to stay in the volume race. The diversity of capacity increases makes it impossible to determine the average rate of increase, and therefore to determine which company is increasing its relative position, or falling behind...
