Street Calls of the Week
KITCHENER, Ontario - Canadian Solar Inc. (NASDAQ:CSIQ), a $748 million market cap solar technology company, announced Monday the launch of its next-generation Low Carbon (LC) solar modules, which achieve a carbon footprint of 285 kg CO₂eq/kW, according to a company press release. According to InvestingPro data, the company has seen a notable 14% gain in the past week, suggesting growing market interest in its environmental initiatives.
The new modules combine wafer innovations with heterojunction (HJT) cell technology and deliver up to 660 Wp output with module efficiency reaching 24.4%. Deliveries are scheduled to begin in August 2025.
The company stated the carbon reduction was achieved through several manufacturing improvements, including a 20% increase in ingot utilization rate, reducing wafer thickness to 110 μm, and streamlining HJT cell production to four steps compared to 10-13 steps in conventional processes.
These modifications reportedly result in total energy consumption of approximately 105.62 MWh/MW during production, which Canadian Solar claims represents an energy saving of 8.8%-10.7% compared to other N-type silicon-based modules.
"We are proud to introduce our new environmentally friendly, low-carbon modules, marking a key milestone in sustainable solar manufacturing," said Thomas Koerner, Corporate Senior Vice President of Canadian Solar.
The modules are designed for utility-scale and commercial & industrial applications and are compatible with Canadian Solar’s inverter portfolio, including the 350-kW utility inverter with 40 A MPPT DC input current.
Canadian Solar plans to showcase the new modules at the RE+ 2025 event in Las Vegas from September 9 to 11, 2025.
Founded in 2001, Canadian Solar has delivered nearly 165 GW of solar photovoltaic modules globally and has been publicly listed on NASDAQ since 2006. Trading at a Price/Book ratio of 0.26, InvestingPro’s Fair Value analysis suggests the stock may be undervalued, though investors should note the company’s substantial debt position of $6.52 billion. For deeper insights into Canadian Solar’s financial health and growth prospects, including 11 additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Canadian Solar Inc. reported its second-quarter 2025 financial results, revealing a significant shortfall in both earnings per share (EPS) and revenue. The company posted a loss of $0.53 per share, far below the anticipated EPS of $1.48. Revenue was reported at $1.7 billion, missing the expected $1.93 billion, largely due to delayed project sales and energy storage shipments. Following these results, Mizuho lowered its price target for Canadian Solar from $17.00 to $15.00, while maintaining an Outperform rating, citing mixed earnings results. Oppenheimer also reduced its price target from $23.00 to $21.00, maintaining an Outperform rating as well, due to weak demand in China and project delays.
In other developments, Canadian Solar announced the upcoming launch of FlexBank 1.0, a new modular battery system for utility-scale energy storage applications, expected to be available in 2026. This new system features an open-frame architecture, allowing each cabinet to function independently, which simplifies logistics and installation. Meanwhile, the broader U.S. solar sector saw a positive impact from China’s efforts to combat deflation, leading to a gradual price recovery in the solar market. This recovery has been supported by rising solar wafer prices, providing a favorable backdrop for companies in the solar supply chain.
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