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Blue Chip Growth

Stock Report: Canadian Solar Inc. (CSIQ) Report Updated: Nov 24, 2014 | Print This Page

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Canadian Solar Inc. (CSIQ)

Rating: Hold Volatility: Aggressive
Total Grade: C Industry: Semiconductors & Semiconductor Equipment
Competitors: ASX, TSRA, INTC, VIMC
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Company Profile

Canadian Solar Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of solar power products in Canada and internationally. The company offers solar wafers, cells, and solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules for use in a range of residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products consisting of customized solar modules that its customers incorporate into their products, such as solar-powered bus stop lighting; and specialty products, such as portable solar home systems and solar-powered car battery chargers. In addition, it sells solar system kits, a package consisting of solar modules produced by it; and third party supplied components, such as inverters, racking system, and other accessories. Further, the company implements solar power development projects; and performs the engineering design, procurement, and construction work for the solar project. Canadian Solar Inc. sells its products under the CanadianSolar brand name. The company offers its standard solar modules through a direct sales force and sales agents primarily to distributors, system integrators, and original equipment manufacturer customers, as well as to solar projects; and specialty solar modules and products to the automotive, telecommunications, and light-emitting diode lighting sectors. Canadian Solar Inc. was founded in 2001 and is headquartered in Guelph, Canada.

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