Canadian Solar Forms Joint Venture to Boost U.S. Solar Manufacturing
Canadian Solar Inc. plans to form joint ventures with American shareholders and its subsidiary, CSI Solar Co., Ltd., to manage U.S. manufacturing and sales of solar modules, cells, and energy storage systems. The company will hold a 75.1% stake in CS PowerTech and acquire overseas facilities for $50 million. This initiative aims to build a resilient domestic supply chain, create American jobs, and expand clean energy investments in the U.S.
Canadian Solar Inc. has announced plans to form new joint ventures with American shareholders and its majority-owned subsidiary, CSI Solar Co., Ltd., as part of its strategy to resume direct oversight of its U.S. operations and reshore manufacturing to North America. The company will establish CS PowerTech, in which it will hold a 75.1% controlling stake, to manage U.S.-based manufacturing and sales of solar modules, solar cells, and advanced energy storage systems. Canadian Solar will also acquire a 75.1% ownership of certain overseas facilities supporting U.S. operations from CSI Solar, with a total consideration of approximately $50 million. This initiative is aimed at building a resilient and diversified domestic supply chain, creating thousands of American manufacturing jobs, and expanding clean energy investments across the United States. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canadian Solar Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN35627) on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
