- Good efficiency
- Improved hot spots and microcrack protection
- Great performance in low-light areas
- Reputation
- Degradation
Our expert review
Despite the company’s misleading name, Canadian Solar is actually a Chinese solar company that has most of its operations in China. One of the company’s most advanced solar panel manufacturers is their China operations. In 2020 they attracted 18 GW in shipments and they intend to increase this amount by 2020.
On their website, they claim that a study conducted by IHS Markit found them to be the best panel on the market. It was designed in consideration of product quality, financial viability and other key elements that are important for buyers. If the study was truly independent, that would be a huge win for the company.
One of the strengths of Canadian Solar is that it has been listed on the NASDAQ for a long time, which means there’s long term visibility into its finances. This is especially good for the company, since other Chinese manufacturers don’t have this advantage. Only two solar companies have been ranked as “bankable” by Bloomberg in every year starting from 2014: Trina Solar and Canadian Solar.
Many individuals are still hesitant about purchasing Canadian Solar panels because they’re unsure of the company’s quality and cost. We want you to know that both are high quality and we’re a very low price. So don’t be afraid of buying Canadian Solar Panels over brands that may be better known in the US market, such as LG and SunPower. If you’re unsure of the exact type of solar panel to buy, ask us for a quote on a SunPower and one that is less expensive, but still high-quality like LG. Then compare the prices to see what you should go with. Though the efficiency and temperature coefficient of their panels is slightly lower than that of competitors like LG and SunPower, they produce an almost equal amount of power. For instance, they provide the same output as one LG or SunPower system (e.g. 10kW) of the same size
Canadian Solar panels FAQ
What is pros and cons of Canadian Solar panels
Canadian Solar panels Pros:
- Good efficiency
- Improved hot spots and microcrack protection
- Great performance in low-light areas
Canadian Solar panels Cons:
- Reputation
- Degradation
What is average rating of Canadian Solar panels
Average rating is 4.5 based on next metrics: Security: 5, Options & Fees: 5, Services & Features: 4, Customer Service: 4
Canadian Solar panels Ratings