Canadian Solar Reports Third Quarter 2024 Results

KITCHENER, ON, Dec. 5, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the third quarter ended September 30, 2024.Highlights 16.4% gross margin, above guidance of 14% to 16%. Grew e-STORAGE contracted backlog to record $3.2 billion, as of November 30, 2024. Achieved final closing of BlackRock's$500 million investment in Recurrent Energy.Dr. Shawn Qu, Chairman and CEO, commented, "The solar industry faces significant external ...