{"id":86297,"date":"2024-08-26T05:56:57","date_gmt":"2024-08-25T20:26:57","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=86297"},"modified":"2024-08-26T05:56:57","modified_gmt":"2024-08-25T20:26:57","slug":"canadian-solar-results-mb2993","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/","title":{"rendered":"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast"},"content":{"rendered":"

\"Canadian<\/p>\n

Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year according to the firm’s latest financial report.<\/p>\n

The company has two business segments: Recurrent Energy and CSI Solar. Recurrent Energy is focused on clean energy project development, while CSI Solar manufactures solar panels and utility-scale battery storage, and delivers total system solutions.<\/p>\n

CSI managed 8.2 GW in solar panel shipments in Q2, which was a bit above the high end of guidance for the quarter of 8.0 GW. Q2’s shipments result was up 30% quarter-over-quarter, but the same year-over-year. CSI net revenues (overall) in the second quarter decreased 31% year-over-year to $1.6 billion; reflecting a reduction in module average selling price and lower project sales, which was partially offset by higher utility-scale battery storage solutions sales.<\/p>\n

The top five countries for the company’s panels ranked by shipments were China, the USA, Pakistan, Germany, and Brazil.\u00a0 Of Q2’s total, 135 MW of capacity went to Canadian Solar’s own utility-scale solar power projects.<\/p>\n

For the third quarter of this year, total module shipments are expected to be in the range of 9.0 GW to 9.5 GW; approximately 100 MW of which will go to Canadian Solar’s own projects. If CSI achieves the top end of the range, it will be well above Q3 2023’s 8.3 GW.<\/p>\n

In the report, CSI Solar also provided a set of revised manufacturing capacity expansion targets.<\/p>\n

\n\n\n\n\n\n\n\n\n
<\/th>\nActual GW
\nJune 2024<\/th>\n		Planned GW
\nSeptember 2024<\/th>\n<\/tr>\n<\/thead>\n
Ingot<\/td>\n20.4<\/td>\n25.0<\/td>\n<\/tr>\n
Wafer<\/td>\n28.0<\/td>\n31.0<\/td>\n<\/tr>\n
Cell<\/td>\n48.4<\/td>\n48.4<\/td>\n<\/tr>\n
Module<\/td>\n60.0<\/td>\n61.0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\"CSI<\/p>\n

In its Q1 2024 report, the company had planned significant further expansion past June and out to December for ingots, wafers and cells. But it looks like those plans have been put on the backburner for now; with December’s planned capacities unchanged from September’s. However, the company notes capacity expansion plans can change without notice based on market conditions and capital allocation plans.<\/p>\n

Since the company was founded in 2001, Canadian Solar has shipped more than 133 GW of solar panels globally.<\/p>\n

Polysilicon Price Drops Bring Some Relief<\/h2>\n

Solar panel manufacturing has always been a cut-throat business, but it’s been particularly brutal recently. Commenting on Q2’s results, CSI Solar President Yan Zhuang said<\/a>:<\/p>\n

“Amidst fierce industry competition, we maintained our focus on profitability while also increasing volume this quarter. As polysilicon prices further declined, the resulting price decreases across the upstream supply chain helped reduce manufacturing costs.”<\/p><\/blockquote>\n

Polysilicon prices took another big dip after April this year. According to Bernreuter Research<\/a>, Chinese P-type silicon dropped from around USD $7 a kilo to ~$4 currently, and N-type silicon from approximately $8.30 to just under $5 as at August 21.<\/p>\n

\"Polysilicon<\/p>\n

The global polysilicon spot price average as at August 21, which includes polysilicon from outside China, was USD $5.77 per kg. It’s a far cry from a couple of years ago when impacts from the pandemic and other factors saw global average spot prices hit more than US$39 per kilogram.<\/p>\n

Decent quality modules from China are as cheap as chips currently. Using Canadian Solar as an example1<\/a><\/sup> and according to SolarQuotes’ solar panel comparison table<\/a>, a 440W TOPHiKu 6 module has an Australian retail price of around AUD $140 – just 32c a watt.<\/p>\n

Are Canadian Solar Panels Good For Australian Installations?<\/h2>\n

The firm produces good quality products at the budget end of the spectrum and is currently listed as a SolarQuotes recommended brand<\/a>. In this year’s SQ Installers Choice Awards, the company took out bronze for the best solar panels in 2024<\/a> in the budget category.<\/p>\n

Canadian solar panel reviews<\/a> from Australian customers who have them on their rooftops have generally been favourable. The company has achieved an average 4.8 stars from more than 2,000 ratings overall here on SQ, and 4.9 stars over the last 12 months.<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year according to the firm’s latest financial report.<\/p>\n","protected":false},"author":17,"featured_media":86299,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-86297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nCanadian Solar Exceeds Q2 2024 Panel Shipment Forecast<\/title>\n<meta name=\"description\" content=\"Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast\" \/>\n<meta property=\"og:description\" content=\"Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-25T20:26:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast\",\"datePublished\":\"2024-08-25T20:26:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/\"},\"wordCount\":651,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/\",\"name\":\"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg\",\"datePublished\":\"2024-08-25T20:26:57+00:00\",\"description\":\"Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg\",\"contentUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg\",\"width\":1200,\"height\":630,\"caption\":\"Canadian Solar shipments Q2 2024\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Blog\",\"item\":\"https:\/\/www.solarquotes.com.au\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"General Solar & Storage News\",\"item\":\"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/\",\"name\":\"SolarQuotes Blog\",\"description\":\"An independent reckoning of the Aussie solar scene\",\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.solarquotes.com.au\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\",\"name\":\"SolarQuotes\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png\",\"contentUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png\",\"width\":592,\"height\":600,\"caption\":\"SolarQuotes\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SolarQuotes\/\",\"https:\/\/x.com\/solar_quotes\",\"https:\/\/www.instagram.com\/solarquotes\/\",\"https:\/\/au.linkedin.com\/company\/solarquotes\",\"https:\/\/www.youtube.com\/user\/SolarQuotesAustralia\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\",\"name\":\"Michael Bloch\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"caption\":\"Michael Bloch\"},\"description\":\"Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/author\/michael\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast","description":"Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/","og_locale":"en_US","og_type":"article","og_title":"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast","og_description":"Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year.","og_url":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/","og_site_name":"SolarQuotes Blog","article_publisher":"https:\/\/www.facebook.com\/SolarQuotes\/","article_published_time":"2024-08-25T20:26:57+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg","type":"image\/jpeg"}],"author":"Michael Bloch","twitter_card":"summary_large_image","twitter_creator":"@solar_quotes","twitter_site":"@solar_quotes","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#article","isPartOf":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/"},"author":{"name":"Michael Bloch","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1"},"headline":"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast","datePublished":"2024-08-25T20:26:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/"},"wordCount":651,"commentCount":0,"publisher":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage"},"thumbnailUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg","articleSection":["General Solar & Storage News"],"inLanguage":"en-AU","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/","url":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/","name":"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast","isPartOf":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage"},"thumbnailUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg","datePublished":"2024-08-25T20:26:57+00:00","description":"Despite challenging market conditions, Canadian Solar bettered previous guidance on solar panel shipments in the second quarter of this year.","breadcrumb":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#primaryimage","url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg","contentUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg","width":1200,"height":630,"caption":"Canadian Solar shipments Q2 2024"},{"@type":"BreadcrumbList","@id":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-results-mb2993\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.solarquotes.com.au\/blog\/"},{"@type":"ListItem","position":2,"name":"General Solar & Storage News","item":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},{"@type":"ListItem","position":3,"name":"Canadian Solar Exceeds Q2 2024 Panel Shipment Forecast"}]},{"@type":"WebSite","@id":"https:\/\/www.solarquotes.com.au\/blog\/#website","url":"https:\/\/www.solarquotes.com.au\/blog\/","name":"SolarQuotes Blog","description":"An independent reckoning of the Aussie solar scene","publisher":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.solarquotes.com.au\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization","name":"SolarQuotes","url":"https:\/\/www.solarquotes.com.au\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png","contentUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png","width":592,"height":600,"caption":"SolarQuotes"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SolarQuotes\/","https:\/\/x.com\/solar_quotes","https:\/\/www.instagram.com\/solarquotes\/","https:\/\/au.linkedin.com\/company\/solarquotes","https:\/\/www.youtube.com\/user\/SolarQuotesAustralia"]},{"@type":"Person","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1","name":"Michael Bloch","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","url":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","caption":"Michael Bloch"},"description":"Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.","url":"https:\/\/www.solarquotes.com.au\/blog\/author\/michael\/"}]}},"jetpack_featured_media_url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/canadian-solar-results.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2FF2s-mrT","jetpack-related-posts":[{"id":72663,"url":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-2022-2023-mb2871\/","url_meta":{"origin":86297,"position":0},"title":"Canadian Solar Shatters Panel Shipment Record","author":"Michael Bloch","date":"March 23, 2023","format":false,"excerpt":"Canadian Solar had a record year for solar panel shipments in 2022 - and expects an even bigger year in 2023. Canadian Solar has two business segments: Global Energy and CSI Solar, with the latter focused on solar module manufacturing, total system solutions and battery storage system integration. In the\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Canadian Solar","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/canadian-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/canadian-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/canadian-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/canadian-solar.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/canadian-solar.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":42206,"url":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-q2-2020-mb1642\/","url_meta":{"origin":86297,"position":1},"title":"A Successful Q2 For Canadian Solar","author":"Michael Bloch","date":"August 13, 2020","format":false,"excerpt":"Canadian Solar last week announced its financial results for the quarter ended June 30, 2020, which exceeded expectations. The company reports total solar panel shipments in the second quarter of 2020 hit 2,905 MW capacity, up substantially from 2,214 MW in the first quarter of this year and 2,143 MW\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Canadian Solar results - Q2 2020","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/08\/canadian-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/08\/canadian-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/08\/canadian-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/08\/canadian-solar.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/08\/canadian-solar.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":48619,"url":"https:\/\/www.solarquotes.com.au\/blog\/canadian-solar-report-mb1923\/","url_meta":{"origin":86297,"position":2},"title":"Canadian Solar Warns Of Panel Price Increase","author":"Michael Bloch","date":"March 22, 2021","format":false,"excerpt":"Although a challenging year, Canadian Solar saw major growth in panel shipments in 2020 - but also warned of a price rise looming. The company announced its financial results for the final quarter and full calendar year of 2020 on Friday, reporting 32% annual growth in total module shipments to\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Canadian Solar report","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/canadian-solar-report.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/canadian-solar-report.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/canadian-solar-report.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/canadian-solar-report.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/canadian-solar-report.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":38243,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-results-coronavirus-mb1449\/","url_meta":{"origin":86297,"position":3},"title":"JinkoSolar Celebrates 2019 Performance, Still Confident About 2020","author":"Michael Bloch","date":"March 18, 2020","format":false,"excerpt":"Chinese solar panel manufacturer JinkoSolar had a huge year in 2019 and appears very confident about its prospects in 2020, even given the impact of the coronavirus COVID-19. Late last week, JinkoSolar announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019. The company\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JinkoSolar solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/jinkosolar-2020.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/jinkosolar-2020.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/jinkosolar-2020.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/jinkosolar-2020.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/jinkosolar-2020.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":86592,"url":"https:\/\/www.solarquotes.com.au\/blog\/chinese-solar-struggling-mb3003\/","url_meta":{"origin":86297,"position":4},"title":"Major Chinese Solar Manufacturers’ Revenues Plummet","author":"Michael Bloch","date":"September 9, 2024","format":false,"excerpt":"There's been a flurry of financial and shipments reporting from some of China's - and the world's - biggest solar players in the last couple of weeks. Here's how some have fared during what is (revenue-wise) a big dip on the solar coaster. Daqo - \"Significant Challenges\" In late August,\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Chinese solar manufacturers","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/jinko-longi-daqo-trina.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/jinko-longi-daqo-trina.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/jinko-longi-daqo-trina.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/jinko-longi-daqo-trina.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/jinko-longi-daqo-trina.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":56513,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q3-2021-mb2257\/","url_meta":{"origin":86297,"position":5},"title":"JinkoSolar Q3 2021 Results Released","author":"Michael Bloch","date":"December 1, 2021","format":false,"excerpt":"Shipments of JinkoSolar panels took a small hit in Q3 - but the Jinko juggernaut continues to rumble on. Early today JinkoSolar announced its unaudited financial results for the third quarter ended September 30, 2021, indicating 4,993 MW of product was shipped in Q3 (modules: 4,671 MW, cells and wafers:\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JinkoSolar panel shipments Q3 2021","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/86297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=86297"}],"version-history":[{"count":7,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/86297\/revisions"}],"predecessor-version":[{"id":86308,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/86297\/revisions\/86308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/86299"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=86297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=86297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=86297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}