Canadian Solar Financial and Operational Summary Q1 2022
Gaining global market share through capacity expansion
In the long term, with demand growth and supply consolidation, CSI Solar's strategy is to expand capacity and increase the level of vertical
integration, in order to gain global market share, enhance pricing power, better control costs and improve profitability over the long run
In the near term, our capacity expansion plans remain flexible, taking into account upstream supply chain dynamics and technological
advances affecting new and old capacity utilization
Expand capacity and increase vertical integration...
Canadian Solar Manufacturing Capacity, year-end (GW)
...to gain global market share and pricing power
Canadian Solar Global Module Market Share
Ingot
5.4 GW
20.4 GW
Wafer
11.5 GW
20.0 GW
Cell
13.9 GW
19.8 GW
Module
23.9 GW
Source: IHS, BNEF, PV Infolink.
14Q21
1H22E FY22E
32.0 GW
9%
8%
7%
6%
-15%
10%
1
3-5 yrs
2018
2019
2020
2021
2022E
CanadianSolar
MAKE THE DIFFERENCE
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