Our Approach to Sustainability Overview of Canadian Solar Group

Established in Canada in 2001, Canadian Solar Inc. is one of the world’s solar technology and renewable energy companies.
Canadian Solar comprehensively supports CSIF’s investment, with the CSI solar segment offering solar technology and the Global Energy segment offering renewable energy.

The CSI Solar segment(“CSI Solar”) consists of solar module development manufacturing and sales, and total system solutions, including inverters, solar system kits and EPC (engineering, procurement and construction). CSI Solar also includes Canadian Solar’s battery storage integration business, delivering bankable, end-to-end, turnkey battery storage solutions for utility scale, commercial and industrial, and residential applications. These storage systems solutions are complemented with long-term service agreements, including future battery capacity augmentation services. Currently, Canadian Solar Inc. owns approximately 80% of CSI Solar’s shares, and expects to hold approximately 64% of CSI Solar’s shares after a planned initial public offering on the Shanghai Stock Exchange.

The Global Energy segment(“Global Energy”) has developed and built solar and battery storage projects in over 20 countries across the world. Global Energy develops both stand-alone solar and stand-alone battery storage projects, as well as hybrid solar plus storage projects. Its monetization strategies vary between develop-to-sell, build-to-sell, and build-to-own, depending on business strategies and market conditions, with the goal of maximizing returns, accelerating cash turn, and minimizing capital risk. Global Energy is also responsible for providing operations and maintenance services for both Canadian Solar as well as third-party developed projects.

Since Canadian Solar Infrastructure Fund, Inc. is an investment corporation which acquires solar plants developed by Canadian Solar Projects K.K. (“CSP”) to be managed by Canadian Solar Asset Management K.K., which is CSP’s wholly owned subsidiary. Therefore, the fund’s ESG approach is based on that of the Canadian Solar Group.

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ESG – CSI Solar – Global