Profile: Canadian Solar Inc (CSIQ.O)
22 May 2015
Canadian Solar Inc. (CSI), incorporated on June 1, 2006, is a Canada-based Company which designs, develops, and manufactures solar wafers, cells and solar power products. The Company’s solar power products include standard solar modules and specialty solar products. The Company’s products include a range of solar modules built to general specifications for use in a wide range of residential, commercial and industrial solar power generation systems. Specialty solar products consist of customized solar modules that its customers incorporate into their own products and complete specialty products, such as portable solar home systems. The Company’s major markets are Canada, USA, Japan, China, Germany and India.
The Company’s standard solar modules are arrays of interconnected solar cells encapsulated in weatherproof frames. The Company produces a wide variety of standard solar modules, ranging from 3 watt to in excess of 300 watt in power and using multi-crystalline or mono-crystalline cells in several different formats, including general purpose 60 pieces 6 inch cell and 72 pieces 5 inch cell formats, larger formats of 72 pieces 6 inch cell for ground-mounted projects and small modules for specialty products. The Company’s specialty solar products mainly include Andes Solar Home System and Maple Solar System.
Andes Solar Home System (Andes SHS) is an off-grid solar system, designed to provide an economical source of electricity to homes and communities without access to grid electricity or where electricity supply is scarce. The Andes SHS is portable, light-weight, and easy to set-up, making it ideal for situations where emergency power is required. Maple Solar System is an economical, safe and clean energy solution for families who burn kerosene for lighting when darkness falls. Maple Solar System includes a solar panel, energy efficient LED lights, Li-ion batteries and multiple cell phone charger plugs.
In the second half of 2012, the Company started to provide O&M services for solar power projects in commercial operation. Depending on the terms of our O&M service contracts, our O&M services include inspections, repair and replacement of plant equipment, site management and administrative support services. A solar system kit is a ready-to-install package consisting of solar modules produced by the Company and components, such as inverters, racking system and other accessories, supplied by third parties. The Company began selling solar system kits in 2010, and today it sells them primarily to the Japanese and Canadian markets.
Canadian Solar Inc
West Guelph, 545 Speedvale Ave W
GUELPH ON N1K 1E6
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