What makes Canadian Solar panels so popular? The Canadian Solar brand is rated as a solar panel that is both cost effective and efficient, making it very popular among installers.
Let’s unpack some aspects of Canadian Solar panels and understand why they are so popular.
Is Canadian Solar a good solar panel?
Yes, Canadian Solar is a trusted brand and rated one of the top solar panel companies in the world.
Canadian Solar panels are very efficient, with the CS6R-MS model providing 440 Watts of power with a 22.5% efficiency. This places it as one of the most efficient solar panels on the market in 2022.
Are Canadian Solar panels made in Canada?
Yes, although Canadian Solar is a Chinese company, Canadian Solar panels are manufactured in Canada.
Canadian Solar has manufacturing facilities in Ontario, Canada as well as in mainland China.
How efficient are Canadian Solar panels?
Canadian Solar panels are currently rated at between 15.88% and 22.5%, according to EnergySage.com. This means Canadian Solar panels are within the top tier of solar panels in terms of efficiency.
In March 2022 Canadian Solar Inc announced it was starting production of a new 54-cell solar panel format which would produce 420 W and have an efficiency of 21.5%.
Is Canadian Solar a good company?
Yes, Canadian Solar has been around for a while and is trusted with a good reputation.
Canadian Solar Inc is listed on the NASDAQ stock exchange as CSIQ.
Below you can the company performance over the past 5 years according to Google Finance:
The company was founded by Dr. Shawn Qu in 2001. Qu is also Chairman, President and CEO of Canadian Solar and has grown the company to one of the world’s largest solar photovoltaic energy product manufacturers and solar energy service providers.
As of April 2022 the company has delivered more than 67 GIGAWATTS of solar power to customers in more than 160 countries. This translates to meeting the renewable energy needs of 15.8 million houses.
Canadian Solar has headquarters in Ontario, Canada and also has offices around the world as follows:
- United States
- United Kingdom
- South Africa
- South Korea
- Hong Kong
How much does a Canadian Solar panel cost?
The price of Canadian Solar panels depends on where you are and whether you are buying directly as a wholesaler or through an installer or retailer.
Canadian Solar panels are known to be good value for money and not as pricey as more premium brands.
Do Canadian Solar panels have a warranty?
Yes, Canadian Solar panels have a warranty of at least 25 years.
Conclusion: should I buy Canadian Solar panels?
Yes you should! Canadian Solar panels are highly regarded and are a winner in both efficiency, warranty and price.