Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022
Module shipments surged by 42% to 3.63 GW in the first quarter
May 25, 2022
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Canada-based solar photovoltaic module manufacturer Canadian Solar recorded revenue of $1.25 billion in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of 15% from $1.1 billion last year. The company attributed the revenue growth to an increase in module shipments.