Canadian Solar highlights $3.5 billion energy storage backlog in investor deck
CSIQ•Manufacturing and shipment updates
The company's U.S. manufacturing roadmap targets 10 GWp module capacity and 6.3 GWp cell capacity by year-end 2026.
FY25 solar shipments were 24 GW; cumulative module shipments were about 180 GW; and battery storage cumulative shipments were 23 GWh.
Energy storage backlog and recurring revenue
e-STORAGE contracted backlog was about USD 3.5 billion, while annual recurring revenue was USD 82 million supported by long-term service agreements.
Investor presentation outlines strategy and financial targets
Canadian Solar investor presentation outlined strategy across solar modules, battery energy storage, manufacturing, and project development via Recurrent Energy.
FY25 revenue was USD 5.6 billion, gross margin was 18.3%, and operating income was USD 43 million.
