Business
Canadian Solar's Subsidiary CSI Solar to be Listed on Shanghai Stock Exchange on June 9, 2023
GUELPH, ON, June 7, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that its majority-owned
About this update from Canadian Solar Inc.
[{"type":"text","content":"GUELPH, ON, June 7, 2023 /PRNewswire/ -- Canadian Solar Inc. (the \"Company\" or \"Canadian Solar\") (NASDAQ: CSIQ) today announces that its majority-owned subsidiary CSI Solar Co., Ltd. (\"CSI Solar\") will be listed on Shanghai Stock Exchange's Sci-Tech Innovation Board on June 9, 2023 under the stock code 688472.\nThe shares of CSI Solar will not be and have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.\nAbout Canadian Solar Inc.\nCanadian 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 around 94 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 8.8 GWp in over 20 countries across the world. Currently, the Company has approximately 609 MWp of projects in operation, 6.9 GWp of projects under construction or in backlog (late-stage), and an additional 17.7 GWp of projects in advanced and early-stage pipeline. 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.\nSafe Harbor/Forward-Looking Statements\nCertain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the \"Safe Harbor\" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as \"believes,\" \"expects,\" \"anticipates,\" \"intends,\" \"estimates,\" the negative of these terms, or other comparable terminology. Factors that could cause actual results to...