GUELPH,
ON, Feb. 15, 2024 /PRNewswire/ -- Canadian
Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:
CSIQ) today announced that it has been awarded the "Top Brand
PV Award USA 2024" by EUPD Research, a globally renowned
authority in market research. This accolade stands as the epitome
of recognition and prestige in the global PV industry, symbolizing
reliability and trust within target customer groups and among
business partners.
A trailblazer in the photovoltaic (PV) industry for over
two decades, Canadian Solar has continuously set the standard for
quality and innovation in the PV market. To identify the
top-performing and most esteemed brand for the "Top Brand PV Award
2024," EUPD Research leveraged its extensive expertise spanning
over 23 years, performing in-depth analysis backed by qualitative
primary data.
The award presentation was held at the RE+ Northeast trade show
in Boston, MA. Oscar Araujo, General Manager, North America, proudly accepted this honor on
behalf of Canadian Solar.
Thomas Koerner, Senior Vice President of Canadian
Solar, expressed his gratitude, stating, "For 22 years,
Canadian Solar has been at the forefront of the PV and renewable
energy industry, pioneering innovation and delivering unparalleled
value to our customers. Being named the Top Brand PV Award 2024 in
the United States by EUPD Research
is a testament to our long-standing commitment to excellence and
the trust placed in our brand by customers and partners alike."
Daniel Fuchs, Chief Customer
Officer of EUPD Research, added, "We proudly
congratulate Canadian Solar on its exceptional achievement in
qualifying for the prestigious 'Top Brand PV Award USA 2024' in the modules category. Canadian
Solar's dedication to empowering sustainable energy solutions
across the United States is
underscored by its exceptional Net Promoter Score, robust brand
awareness, and extensive distribution depth among surveyed
installers."
About EUPD Research
EUPD is a leading market research, analysis and certification
institute in the entire sustainability sector and has enjoyed
undisputed pioneer status nationally and globally for over 23
years. In constant cooperation with science, politics, business and
the media, EUPD plays a leading role in the initiation and
establishment of socially relevant quality models and initiatives
in the context of ESG. In the energy sector, EUPD focuses on the
four pillars of the energy transition: Electricity, heat, mobility
and energy efficiency. Its primary data-based market research and
consulting services are designed to make its clients' business
strategies a success, create added value and strengthen their
market positioning. In the area of social sustainability, EUPD
focuses on employee health and related topics such as corporate
culture, inclusion, diversity and much more on the basis of the
continuously developed Corporate Health Evaluation Standard.
About Canadian Solar Inc.
Canadian 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 over 110 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 around 9.3 GWp of
solar power projects and over 3 GWh of battery storage projects
across the world. Currently, the Company has around 850 MWp of
solar projects in operation, nearly 7.8 GWp of projects under
construction or in backlog (late-stage), and an additional 18.7 GWp
of projects in advanced and early-stage pipeline. In
addition, the Company has a total battery storage project
development pipeline of approximately 55 GWh, including
approximately 5 GWh under construction or in backlog, and an
additional 50 GWh at advanced and early-stage
development. 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.
Safe Harbor/Forward-Looking Statements
Certain 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 differ
include general business, regulatory and economic conditions and
the state of the solar and battery storage market and industry;
geopolitical tensions and conflicts, including impasses, sanctions
and export controls; volatility, uncertainty, delays and
disruptions related to the COVID-19 pandemic; supply chain
disruptions; governmental support for the deployment of solar
power; future available supplies of high-purity silicon; demand for
end-use products by consumers and inventory levels of such products
in the supply chain; changes in demand from significant customers;
changes in demand from major markets, such as Japan,
the U.S., China, Brazil and Europe;
changes in effective tax rates; changes in customer order patterns;
changes in product mix; changes in corporate responsibility,
especially environmental, social and governance ("ESG")
requirements; capacity utilization; level of competition; pricing
pressure and declines in or failure to timely adjust average
selling prices; delays in new product introduction; delays in
utility-scale project approval process; delays in utility-scale
project construction; delays in the completion of project sales;
continued success in technological innovations and delivery of
products with the features that customers demand; shortage in
supply of materials or capacity requirements; availability of
financing; exchange and inflation rate fluctuations; litigation and
other risks as described in the Company's filings with
the Securities and Exchange Commission, including its annual
report on Form 20-F filed on April 18, 2023. Although the
Company believes that the expectations reflected in the
forward-looking statements are reasonable, it cannot guarantee
future results, level of activity, performance, or achievements.
Investors should not place undue reliance on these forward-looking
statements. All information provided in this press release is as of
today's date, unless otherwise stated, and Canadian
Solar undertakes no duty to update such information, except as
required under applicable law.
Canadian Solar Inc. Investor Relations Contacts
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com
EUPD Research Contact
Marketing
Nico Koch
n.koch@eupd-research.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/canadian-solar-wins-top-brand-pv-award-in-the-united-states-302062710.html
SOURCE Canadian Solar Inc.