Canadian Solar Financial and Operational Summary Q1 2022 slide image

Canadian Solar Financial and Operational Summary Q1 2022

Differentiated sales strategy focused on delivering high value-add system solutions to premium markets - driver of CSI Solar's stronger pricing power CSI Solar is over-indexed to the distributed generation (DG) market segment as it accounts for 50% of our FY21 shipments (DG is c.38% of the global market) 7.3 GW, 50% FY21 shipments 5.7 GW, 39% Utility-scale Integrated System Solutions = Dedicated product management for high-value channels and markets (Module + Inverter + Battery Storage) Product and solution development Module Commercial & Industrial (C&I) Residential DG segment 1.5 GW, 11% Inverter DG market segment ✓ Higher ASP / smaller volume orders. ✓ Dedicated channel management ✓ Higher customer loyalty ✓ Greater demand stability ✓ Higher barriers to entry Storage High efficiency all-black modules for resi market Lightweight modules for Japanese market Heterojunction and Topcon high power wattage modules CSI Solar full power range own-made inverters for residential, C&I and utility- scale applications Residential and utility-scale storage systems to be launched in the second half of 2022 for global key markets . Value proposition based on user experience Greater pricing power for top quality solutions & services Leverage existing channels to expand premium product offering Battery storage, power electronics and AI enablers of new business models CanadianSolar MAKE THE DIFFERENCE 20
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