Overview of Canadian Solar – Company History
Canadian Solar was founded not surprisingly, in Canada back in 2001 by Dr. Shawn Xiaohua Qu. Dr. Qu is still currently the Chairman, President, and Chief Executive Officer of Canadian Solar. In 2006 Canadian Solar was listed on the NASDAQ. Their mission is to foster sustainable development and to create a better and cleaner earth for future generations by bringing electricity powered by the sun to millions of people worldwide. They’re currently one of the world’s largest solar panel manufacturers, with an increasing Australian presence. They have 4 warehouses across Australia and power an estimated 172,000 households per year. In March 2020 the Canadian Solar research and development team produced an n-type multi-crystalline silicon solar cell that tested at a world record 23.81% efficiency. Currently, the world’s most efficient residential solar panel is 22.6%.
Key Panel Indicators
|Canadian Solar Panel|
|Bloomberg Tier 1 Ranking||Yes|
|DNV GL Top Performer||Yes (4/4)|
|Office location in Australia||Yes|
What is a Bloomberg Tier 1 Solar Panel?
Bloomberg’s infamous tier 1 ranking is NOT a measure of Solar Panel quality in any way. It is simply an indication of the bankability of the manufacturer based on publicly released information on the financial health of the company. This should give you an idea if the company is a large, well-known manufacturer.
What is PV Evolution Labs Top Performer?
PV Evolution Labs with support from DNV GL independently test solar panel reliability. The tests are voluntary, with solar panel manufacturers paying to participate in the testing. This testing process is internationally renowned and is an accurate reflection of the solar panel’s performance.
Why is office location in Australia Important?
Most solar panel manufacturers entering the Australian market first set up their distribution channels and worry about customer service later. This has led to many unhappy customers who are left trying to contact Chinese head offices to claim on their 10-year product warranty.
Relying on your solar installer is not always an option as we’ve seen many residential solar installers (including the large ones) go out of business well within the lifetime of the systems they are installing.
Canadian Solar has an office located in Melbourne.
How much do Canadian Solar Panels cost?
Based on Solar Choice’s database we have provided the below-average costs as an indicative guide. These prices include:
- Full turnkey Solar System with Canadian Solar Panels
- Installation from a pre-vetted reputable installer from Solar Choice’s network
- The STC rebate and GST
|System Size||Average Fully Installed Cost|
Model Range Available in Australia
A vast range of solar panels listed on Canadian Solar’s Australian website is approved by the Clean Energy Council for the Small-scale Renewable Energy Scheme, which is Australia’s home solar rebate program. It is important to note that not all Wp on certain panels is CEC approved.
These are the following models:
Canadian Solar HiKu Mono Perc Module 350-375Wp
Canadian Solar HiKu Poly perc Module 325-350Wp
Canadian Solar HiKu Poly Perc Module 355-365Wp
Canadian Solar HiKu Mono Perc Module 430-455Wp
Canadian Solar HiKu Poly Perc Module 425-440Wp
Canadian Solar BiKu Bifacial Module 370-385Wp
Canadian Solar BiKu Bifacial Module 380-400Wp
Canadian Solar KuMax Mono Perc Module 380-400Wp
Canadian Solar KuPower Mono Perc Module 315-330Wp
Canadian Solar KuPower Poly Module 315-320Wp
Canadian Solar KuPower Poly Module 295-320Wp
Canadian Solar KuMax Poly Module 375-385Wp
Canadian Solar KuMax Poly Module 355-385Wp
Canadian Solar HiDM Mono Perc Module 320-345Wp
Canadian Solar HiDM Mono Perc Module 400-420Wp
Canadian Solar KuBlack Mono Perc Module 310-315Wp
Canadian Solar Panel Specifications
|BiHiKu Bifacial Mono Perc||BiHiKu Bifacial Poly Perc||HiKu Poly Perc|
|Nominal Power Voltage||39.9V||39.5V||39.7V|
|Power Density||187.98 W/m²||187.98 W/m²||192.38 W/m²|
|Annual Power Degradation||No more than 0.45%||No more than 0.45%||No more than 0.55%|
|Dimensions||2132 x 1048 x 30mm|
|2132 x 1048 x 30mm|
|2108 x 1048 x 40mm|
|Product Warranty||12 years||12 years||12 years|
|Performance Warranty||30 years||30 years||25 years|
|Operational Temperature Range||-40°C to 85°C|
|-40°C to 85°C|
|-40°C to 85°C|
|Made in||China, Thailand & Vietnam||China, Thailand & Vietnam||China, Thailand & Vietnam|
Example of a Canadian Solar Commercial Solar Project
In 2016 Canadian Solar installed a photovoltaic system on the roof of the International Convention Centre Sydney (ICC Sydney) located in Darling Harbour. Which when installed was one of Australia’s largest panel arrays in a business district. Canadian Solar in conjunction with CSA Services constructed the solar system across the three sites, this installation featured state-of-the-art products and an innovative roof-top mounting structure. The system consists of 2,004 260W Canadian Solar modules and is estimated to generate around 545MWh of electricity annually.