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Canadian Solar’s Net Income Drops 71% As Module Prices Decline

Q3 2023 revenues declined 4% YoY to $1.8 billion

November 15, 2023

/ Gautamee Hazarika
/ Markets & Policy, Solar
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Solar module maker Canadian Solar‘s net income in the third quarter (Q3) of 2023 was recorded at $22 million, a year-over-year (YoY) decrease of 71% from $78 million.

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Gautamee Hazarika

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Canadian SolarFinancial Lossnet lossphotovoltaic moduleRevenueThird Quarter
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