2015 was a record-breaking year for Canadian Solar. Our track record of consistent and reliable execution continues to reinforce our competitive position and strong bankability. This in turn is providing us with excellent support from financial institutions and investors worldwide. The more than 4.7 GW of total solar module shipments in 2015 underscores the vast growth opportunities we see ahead in our key markets worldwide.
Equally important, we continue to make impressive progress in the buildout of our total solutions business, with 398 MW of solar plants in operation, a late-stage project pipeline totaling 2.0 GW in execution, and an early stage project pipeline of 8.3 GW in development, 2.6 GW of which is in the U.S. and will benefit from the recent ITC extension. I am confident that, with the firm support from you, our trusted customers and partners, Canadian Solar will remain in a strong position, ready to grow into an exciting and profitable future.
Dr. Shawn Qu,
CEO & President