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Canadian Solar acquires 75.1% of CSI Solar

PUBLIC · CSIQDec 01, 2025

Acquiring Company

Canadian Solar

Acquired Company

CSI Solar Ltd

GuelphManufacturingEnergyHardwareRenewable EnergySolar

Description

Canadian Solar Inc. has announced its acquisition of a 75.1% stake in CSI Solar Co., Ltd. The purchase will strengthen Canadian Solar's control over its U.S. manufacturing operations. The total consideration for this stake is approximately $50 million. This initiative supports Canadian Solar's commitment to reshoring and enhancing domestic production in North America.

Quick answer

Canadian Solar is acquiring CSI Solar Ltd, announced December 1, 2025. Canadian Solar is based in Guelph, Ontario, Canada.

How much did Canadian Solar pay for CSI Solar Ltd?
The deal value was not disclosed.
What does Canadian Solar do?
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies.
Where are Canadian Solar and CSI Solar Ltd based?
Canadian Solar is based in Guelph, Ontario, Canada.
Who are the decision-makers at Canadian Solar?
Fundz holds 1 contact at Canadian Solar. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Canadian Solar

Location

545 Speedvale Avenue West

Guelph, Ontario, Canada

About

Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 22 years, Canadian Solar has successfully delivered over 102 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built, and connected over 9 GWp of solar power projects and over 3 GWh of battery storage projects across the world. Currently, the Company has approximately 700 MWp of solar power projects in operation, 8 GWp of projects under construction or in backlog (late-stage), and an additional 17 GWp of projects in advanced and early-stage pipeline. In addition, the Company has a total battery storage project development pipeline of 52 GWh, including approximately 2 GWh under construction or in backlog, and an additional 50 GWh at advanced and early-stage development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

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Frequently asked

Who acquired CSI Solar Ltd?

CSI Solar Ltd was acquired by Canadian Solar, based in Guelph. The deal was reported on December 1, 2025. Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. Canadian Solar is publicly traded (CSIQ) and operates in Manufacturing.

When did Canadian Solar acquire CSI Solar Ltd?

Canadian Solar's acquisition of CSI Solar Ltd was reported on December 1, 2025. Canadian Solar Inc. has announced its acquisition of a 75.1% stake in CSI Solar Co., Ltd. The purchase will strengthen Canadian Solar's control over its U.S. manufacturing operations. The total consideration for this stake is approximately $50 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CSI Solar Ltd do?

CSI Solar Ltd is the company acquired in this transaction. It is privately held.

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