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Canadian Solar Makes S&P Global Commodity Insights Premier List of Tier 1 Cleantech Companies 2025

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Canadian Solar (NASDAQ: CSIQ) has achieved dual recognition on S&P Global Commodity Insights' inaugural 2025 Tier 1 Cleantech Companies list, being named both a Tier 1 PV module supplier and a Tier 1 Battery Energy Storage System supplier.

The prestigious classification is based on multiple criteria including market presence, cumulative shipments, market share, manufacturing diversification, financial performance, and sustainability factors. Canadian Solar earned this recognition through its gigawatt-scale shipments, strong financial performance, and commitment to sustainability practices including carbon reduction initiatives.

Canadian Solar (NASDAQ: CSIQ) ha ottenuto un doppio riconoscimento nella prima lista 2025 delle Tier 1 Cleantech Companies di S&P Global Commodity Insights, risultando sia fornitore Tier 1 di moduli fotovoltaici (PV) sia fornitore Tier 1 di sistemi di accumulo energia a batteria.

La prestigiosa classificazione si basa su criteri quali presenza sul mercato, spedizioni cumulative, quota di mercato, diversificazione produttiva, performance finanziarie e fattori di sostenibilità. Canadian Solar ha conquistato questo riconoscimento grazie alle sue spedizioni a livello di gigawatt, alle solide performance finanziarie e all’impegno in pratiche di sostenibilità, comprese iniziative di riduzione delle emissioni di carbonio.

Canadian Solar (NASDAQ: CSIQ) ha logrado un doble reconocimiento en la lista inaugural 2025 de Tier 1 Cleantech Companies de S&P Global Commodity Insights, siendo nombrada tanto proveedora Tier 1 de módulos fotovoltaicos (PV) como proveedora Tier 1 de sistemas de almacenamiento de energía en baterías.

La prestigiosa clasificación se basa en múltiples criterios, incluidos presencia en el mercado, envíos acumulados, cuota de mercado, diversificación de fabricación, desempeño financiero y factores de sostenibilidad. Canadian Solar obtuvo este reconocimiento gracias a sus envíos a escala de gigavatios, su sólido desempeño financiero y su compromiso con prácticas sostenibles, incluidas iniciativas para reducir las emisiones de carbono.

Canadian Solar (NASDAQ: CSIQ)가 S&P Global Commodity Insights� 2025� � Tier 1 Cleantech Companies 명단� 이중으로 선정되어 Tier 1 태양� 모듈(PV) 공급업체Tier 1 배터� 에너지 저� 시스�(BESS) 공급업체� 각각 이름� 올렸습니�.

� 권위 있는 분류� 시장 존재�, 누적 출하�, 시장 점유�, 제조 다각�, 재무 성과 � 지� 가능성 요소 � 여러 기준� 바탕으로 합니�. Canadian Solar은 기가왶� 단위� 출하�, 견실� 재무 성과 � 탄소 저� 이니셔티브를 포함� 지� 가능성 실천� 통해 � 인정� 받았습니�.

Canadian Solar (NASDAQ: CSIQ) a obtenu une double reconnaissance dans la liste inaugurale 2025 des Tier 1 Cleantech Companies de S&P Global Commodity Insights, étant désignée à la fois fournisseur Tier 1 de modules PV et fournisseur Tier 1 de systèmes de stockage d'énergie par batterie.

Cette classification prestigieuse repose sur plusieurs critères, dont la présence sur le marché, les expéditions cumulées, la part de marché, la diversification de la production, les performances financières et les aspects de durabilité. Canadian Solar a obtenu cette distinction grâce à ses expéditions à l'échelle du gigawatt, sa solide performance financière et son engagement en faveur de pratiques durables, y compris des initiatives de réduction du carbone.

Canadian Solar (NASDAQ: CSIQ) wurde in der ersten Rangliste der Tier 1 Cleantech Companies 2025 von S&P Global Commodity Insights doppelt gewürdigt und als sowohl Tier-1-PV-Modulhersteller als auch Tier-1-Anbieter von Batterie-Energiespeichersystemen benannt.

Die angesehene Einstufung beruht auf mehreren Kriterien wie Marktpräsenz, kumulierten Liefermengen, Marktanteil, Fertigungsdiversifizierung, finanzieller Leistung und Nachhaltigkeitsfaktoren. Canadian Solar erhielt diese Anerkennung aufgrund seiner Lieferungen in Gigawatt‑Stärke, seiner starken finanziellen Performance und seines Engagements für nachhaltige Praktiken, einschließlich Maßnahmen zur Reduzierung von CO2‑Emissionen.

Positive
  • Achieved dual Tier 1 recognition in both PV modules and energy storage systems
  • Demonstrates gigawatt-scale production capabilities
  • Recognition validates financial and operational strength
Negative
  • None.

Insights

S&P's Tier 1 recognition validates Canadian Solar's leadership position in both solar and storage markets, strengthening its competitive profile.

Canadian Solar's dual recognition on S&P Global's inaugural Tier 1 Cleantech Companies list represents a significant industry validation that substantiates the company's market position. Being named a Tier 1 supplier in both PV modules and battery storage systems positions CSIQ among an elite group of integrated clean energy providers capable of delivering complete renewable energy solutions.

What makes this recognition particularly meaningful is S&P Global's comprehensive evaluation methodology. Unlike simpler industry rankings, S&P's assessment incorporates gigawatt-scale shipment volumes, global manufacturing diversification, and financial performance metrics - all fundamental indicators of operational scale and stability. This multi-dimensional evaluation validates Canadian Solar's business model of vertical integration across the solar and storage value chains.

For developers, project financiers, and clean energy buyers, S&P's Tier 1 designation functions as a de-facto industry certification that can reduce perceived counterparty risk. Many project finance agreements and RFP requirements specifically mandate Tier 1 suppliers, potentially expanding Canadian Solar's addressable market and improving its competitive positioning in large-scale project bids.

While this recognition doesn't directly impact revenue or margins, it reinforces Canadian Solar's market position during a period of intense price competition and consolidation in the solar manufacturing sector. The dual certification in both solar and storage is particularly valuable as it positions the company to capitalize on the growing trend toward integrated renewable energy systems that combine generation and storage capabilities.

KITCHENER, ON, Sept. 11, 2025 /PRNewswire/ -- (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced it has been named a Tier 1 PV module supplier and a Tier 1 Battery Energy Storage System supplier in the inaugural 2025 Tier 1 Cleantech Companies list released by S&P Global Commodity Insights. This dual recognition places Canadian Solar among the elite global providers excelling in both photovoltaic modules and energy storage solutions.

For its list, S&P Global Commodity Insights draws on its unique cross-functional capabilities to provide for an unmatched degree of criteria dimensions that span market presence and cumulative equipment shipments; annual market share; scale; global manufacturing diversification; financial performance via key financial indicators, sustainability factors and more.

Canadian Solar earned its Tier 1 recognition through gigawatt-scale and shipments, strong financial performance, and a clear commitment to sustainability practices such as carbon reduction and circular economy initiatives. These strengths highlight its ability to deliver reliable, sustainable cleantech solutions at scale.

"We believe our new Tier 1 classification list is unique in its transparency," said Edurne Zoco, Ph.D., Executive Director of Research and Analysis, Clean Energy Technology, S&P Global Commodity Insights."Our Tier 1 list is designed to help cleantech suppliers stand out in a crowded field and aid developers, offtakers and those procuring or financing cleantech equipment and renewable project development in identifying reliable and resilient partners."

"Canadian Solar is proud to be recognized by S&P Global Commodity Insights as a Tier 1 supplier in both modules and energy storage," said , Chairman and CEO, Canadian Solar Inc, "This recognition highlights our financial and operational strength, our leadership in sustainable innovation, and our commitment to supporting customers worldwide with reliable, high-quality clean energy solutions."

About S&P Global Commodity Insights Tier 1 Cleantech Companies 2025

The S&P Global Commodity Insights Tier 1 Cleantech Companies 2025 is not a placement ranking, but a roster of qualified companies meeting S&P Global Commodity Insights' robust methodology assessment and listed in alphabetical order by category.� The group of companies considered for the S&P Global Commodity Tier 1 Cleantech Companies assessment are selected from the top 30 companies for each of the four technology categories (solar PV modules, solar PV inverters, energy storage systems, and wind turbines), based on the top shipments or installations globally in the previous year. More information can be found in

AboutCanadian Solar Inc.

Canadian Solaris one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered inKitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years,Canadian Solarhas successfully delivered nearly 165 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE,Canadian Solarhas shipped over 13GWhof battery energy storage solutions to global markets as ofJune 30, 2025, boasting a$3 billioncontracted backlog as ofJune 30, 2025. Since entering the project development business in 2010,Canadian Solarhas developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 27 GWp of solar and 80 GWh of battery energy storage capacity in various stages of development. Canadian Solaris 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, followCanadian Solaronor visit

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 power and battery energy storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage; future available supplies of silicon, solar wafers and lithium cells; 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 China, the U.S., Europe, Brazil and Japan; 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; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline; 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 30, 2025. 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 CONTACT

Wina Huang
Investor Relations
Canadian Solar Inc.
[email protected]

CANADIAN SOLAR INC. MEDIA CONTACT

[email protected]

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SOURCE Canadian Solar Inc.

FAQ

What recognition did Canadian Solar (CSIQ) receive from S&P Global in 2025?

Canadian Solar was named a Tier 1 PV module supplier and a Tier 1 Battery Energy Storage System supplier in S&P Global Commodity Insights' 2025 Tier 1 Cleantech Companies list.

What criteria did S&P Global use to evaluate Canadian Solar for Tier 1 status?

S&P Global evaluated market presence, cumulative shipments, market share, manufacturing diversification, financial performance, and sustainability factors.

How did Canadian Solar qualify for the S&P Global Tier 1 classification?

Canadian Solar qualified through its gigawatt-scale module and energy storage shipments, strong financial performance, and commitment to sustainability practices including carbon reduction initiatives.

What does the S&P Global Tier 1 recognition mean for Canadian Solar's market position?

The recognition places Canadian Solar among the elite global providers in both photovoltaic modules and energy storage solutions, validating their reliability and operational strength in the cleantech industry.
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