Canadian Solar falls as Q2 loss widens on lower module and project sales

Canadian Solar

27/08/2026 11:38

** Shares of solar and battery company Canadian Solar CSIQ.O fall 8.4% to $12.7 premarket
** Co posts Q2 loss as lower solar module and project sales offset strong battery energy-storage shipments
** Q2 net loss attributable comes in at $77 million, vs. net income of $7 million a year earlier
** Q2 net revenue drops to $1.2 billion from $1.7 billion a year earlier on lower module and project sale
** Q2 solar-module shipments drop 60% from a year earlier to 3.1 GW 
** Q2 battery energy-storage shipments rise 73% from a year earlier to 3.7 GWh
** As of last close, CSIQ down 41.65% YTD 

(Reporting by Varun Sahay in Bengaluru)
((Varun.sahay@thomsonreuters.com))