While the size of the order is relatively modest for a company which shipped 500MW or so during the first quarter of 2014, it is nevertheless important for Canadian Solar as broadens its downstream presence into new market segments and geographies, in response to the slowing utility-scale market in North America.
One of the world’s largest PV manufacturers, Canadian Solar anticipates a stunning 50% of its revenue will come from its downstream “Total Solutions” business this year – compared to 29% last year, and just 11.5%
