The PV module manufacturing subsidiary of Canadian Solar, CSI Solar, has announced the pricing of its initial public offering (IPO) shares on the Shanghai Stock Exchange.
Solar Module Super League (SMSL) member Canadian Solar has consolidated its global solar development and services business under its Recurrent Energy brand, which was previously limited to its North America operations.
Solar technology and renewable energy company Canadian Solar posted a nearly 152% increase in net income last year, while its solar project development pipeline increased.
Canadian Solar has received the green light for 685MW of PV projects in Spain, the same week that it announced commercial operation of three Japanese solar plants totalling 42MWp.
CSI Solar has announced plans to expand its solar and battery storage manufacturing capacity in China, through an investment agreement with the municipal government of Yangzhou City in Jiangsu Province.
