Last year, Canadian Solar Inc generated 4.28B USD for its biggest-performing segment, Solar modules and other solar power products. The United States made the largest contribution, accounting for 2.78B USD last year.

By Business

Revenue

Proportion

Annual

Annual

Quarterly

Solar modules and other solar power products

Battery storage solutions

Solar system kits

EPC and Other

Solar power projects

Other

O&M and asset management services

Elimination

Electricity revenue from operating portfolio and others

China energy (includes electricity sales)

Residential battery storage

EPC services

Others (materials)

Others (EPC and development services)

O&M services

Electricity

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

Solar modules and other solar power products

4.28B(82.28%)

5.94B(79.23%)

5.53B(37.95%)

3.33B(65.79%)

2.35B(75.24%)

2.06B(66.32%)

1.93B(55.17%)

Battery storage solutions

814.60M(15.66%)

245.17M(3.27%)

440.03M(3.02%)

222.66M(4.40%)

7.90M(0.25%)

--(--)

Solar system kits

398.17M(7.65%)

679.35M(9.06%)

538.16M(3.69%)

302.13M(5.97%)

157.66M(5.05%)

116.45M(3.76%)

93.25M(2.66%)

EPC and Other

181.42M(3.49%)

--(--)

Solar power projects

156.69M(3.01%)

399.10M(5.32%)

761.68M(5.22%)

1.06B(21.04%)

654.83M(20.98%)

668.48M(21.57%)

1.54B(44.09%)

Other

91.37M(1.76%)

250.10M(3.34%)

7.57B(51.89%)

145.74M(2.88%)

105.61M(3.38%)

--(--)

O&M and asset management services

69.97M(1.34%)

52.38M(0.70%)

33.78M(0.23%)

35.33M(0.70%)

26.39M(0.85%)

--(--)

Elimination

-790.06M(-15.18%)

-114.58M(-1.53%)

-328.53M(-2.25%)

-218.52M(-4.32%)

-354.72M(-11.36%)

-101.50M(-3.28%)

-244.97M(-7.00%)

Electricity revenue from operating portfolio and others

--(--)

46.18M(0.62%)

--(--)

China energy (includes electricity sales)

--(--)

35.71M(0.24%)

178.83M(3.54%)

175.39M(5.62%)

--(--)

Residential battery storage

--(--)

686.00K(--)

--(--)

EPC services

--(--)

223.42M(7.21%)

62.41M(1.78%)

Others (materials)

--(--)

66.61M(2.15%)

71.79M(2.05%)

Others (EPC and development services)

--(--)

45.10M(1.46%)

23.95M(0.68%)

O&M services

--(--)

19.41M(0.63%)

10.77M(0.31%)

Electricity

--(--)

5.87M(0.19%)

8.73M(0.25%)

By Region

Revenue

Proportion

Annual

Annual

Quarterly

United States

China

Pakistan

Spain

Germany

Brazil

United Kingdom

Japan

Australia

Europe - Others

America - Others

Italy

Southern Africa

Others

India

Mexico

Poland

Czech

United Arab Emirates

Romania

Netherlands

Taiwan

Philippines

Norway

Canada

Ireland

Hong Kong

Chile

France

Vietnam

Thailand

Korea

Singapore (Country)

Israel

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

United States

2.78B(46.32%)

1.49B(18.67%)

1.96B(26.30%)

1.59B(30.14%)

696.10M(20.02%)

852.23M(26.63%)

999.14M(26.68%)

China

1.22B(20.36%)

2.15B(27.03%)

1.90B(25.50%)

1.21B(22.87%)

504.66M(14.52%)

317.08M(9.91%)

620.52M(16.57%)

Pakistan

266.08M(4.44%)

78.20M(0.98%)

73.53M(0.98%)

48.84M(0.93%)

15.42M(0.44%)

--(--)

Spain

221.79M(3.70%)

445.32M(5.60%)

434.84M(5.82%)

100.66M(1.91%)

138.97M(4.00%)

78.23M(2.44%)

58.81M(1.57%)

Germany

198.23M(3.31%)

291.38M(3.66%)

322.19M(4.31%)

232.00M(4.40%)

119.03M(3.42%)

109.12M(3.41%)

95.51M(2.55%)

Brazil

190.93M(3.19%)

846.39M(10.63%)

623.33M(8.35%)

442.60M(8.39%)

284.48M(8.18%)

395.30M(12.35%)

339.96M(9.08%)

United Kingdom

185.24M(3.09%)

144.99M(1.82%)

106.66M(1.43%)

7.75M(0.15%)

8.84M(0.25%)

33.16M(1.04%)

101.48M(2.71%)

Japan

150.73M(2.51%)

597.19M(7.50%)

325.34M(4.36%)

509.23M(9.65%)

560.70M(16.13%)

372.69M(11.64%)

483.04M(12.90%)

Australia

115.12M(1.92%)

128.25M(1.61%)

393.96M(5.27%)

165.77M(3.14%)

120.40M(3.46%)

313.17M(9.78%)

232.41M(6.21%)

Europe - Others

114.43M(1.91%)

383.34M(4.82%)

216.59M(2.90%)

84.73M(1.61%)

54.17M(1.56%)

66.39M(2.07%)

55.73M(1.49%)

America - Others

94.30M(1.57%)

232.96M(2.93%)

87.93M(1.18%)

57.55M(1.09%)

16.52M(0.48%)

60.06M(1.88%)

67.16M(1.79%)

Italy

81.01M(1.35%)

79.04M(0.99%)

--(--)

Southern Africa

75.47M(1.26%)

218.60M(2.75%)

118.46M(1.59%)

90.76M(1.72%)

49.38M(1.42%)

93.91M(2.93%)

53.74M(1.44%)

Others

50.74M(0.85%)

124.95M(1.57%)

89.61M(1.20%)

128.44M(2.43%)

91.22M(2.62%)

89.54M(2.80%)

88.38M(2.36%)

India

50.24M(0.84%)

91.02M(1.14%)

197.77M(2.65%)

142.30M(2.70%)

61.14M(1.76%)

70.89M(2.22%)

145.87M(3.90%)

Mexico

42.43M(0.71%)

50.88M(0.64%)

31.91M(0.43%)

139.61M(2.65%)

118.85M(3.42%)

--(--)

Poland

27.98M(0.47%)

12.67M(0.16%)

--(--)

Czech

23.67M(0.39%)

62.08M(0.78%)

79.41M(1.06%)

34.60M(0.66%)

16.14M(0.46%)

17.72M(0.55%)

17.41M(0.46%)

United Arab Emirates

23.55M(0.39%)

22.91M(0.29%)

15.97M(0.21%)

6.17M(0.12%)

53.98M(1.55%)

43.31M(1.35%)

104.47M(2.79%)

Romania

23.54M(0.39%)

24.49M(0.31%)

31.80M(0.43%)

3.70M(0.07%)

1.26M(0.04%)

--(--)

Netherlands

21.61M(0.36%)

81.82M(1.03%)

136.38M(1.83%)

104.72M(1.98%)

96.37M(2.77%)

68.77M(2.15%)

83.47M(2.23%)

Taiwan

21.16M(0.35%)

19.37M(0.24%)

67.41M(0.90%)

7.70M(0.15%)

24.42M(0.70%)

--(--)

Philippines

18.62M(0.31%)

40.61M(0.51%)

--(--)

Norway

--(--)

139.77M(1.76%)

--(--)

Canada

--(--)

52.52M(0.66%)

49.15M(0.66%)

30.79M(0.58%)

100.28M(2.88%)

94.45M(2.95%)

68.39M(1.83%)

Ireland

--(--)

41.61M(0.52%)

63.74M(0.85%)

7.84M(0.15%)

--(--)

Hong Kong

--(--)

32.71M(0.41%)

46.25M(0.62%)

9.98M(0.19%)

13.57M(0.39%)

--(--)

Chile

--(--)

29.66M(0.37%)

37.37M(0.50%)

18.46M(0.35%)

4.87M(0.14%)

--(--)

France

--(--)

22.34M(0.28%)

31.15M(0.42%)

25.98M(0.49%)

29.97M(0.86%)

--(--)

Vietnam

--(--)

16.21M(0.20%)

9.08M(0.12%)

19.96M(0.38%)

289.62M(8.33%)

--(--)

Thailand

--(--)

10.22M(0.13%)

9.94M(0.13%)

59.45M(1.13%)

6.11M(0.18%)

12.75M(0.40%)

--(--)

Korea

--(--)

72.55M(2.27%)

46.70M(1.25%)

Singapore (Country)

--(--)

39.27M(1.23%)

8.43M(0.23%)

Israel

--(--)

73.88M(1.97%)