Canadian Solar Ranked #1 in Energy & Utilities on Newsweek's 2024 World's Most Trustworthy Companies List
Rhea-AI Summary
Canadian Solar Inc. (NASDAQ: CSIQ) has been ranked #1 in the Energy and Utilities sector on Newsweek's World's Most Trustworthy Companies 2024 list. This recognition highlights the company's commitment to transparency, reliability, and sustainability in the solar technology and renewable energy industry. The ranking was based on over 230,000 evaluations across 23 industry sectors and 20 countries, considering factors such as customer trust, investor confidence, and employee satisfaction.
Thomas Koerner, Corporate Senior Vice President of Canadian Solar, emphasized the company's dedication to manufacturing and delivering high-quality solar and energy storage products to meet the needs of customers, partners, and investors as the global transition to clean energy accelerates.
Positive
- Ranked #1 in Energy & Utilities sector on Newsweek's 2024 World's Most Trustworthy Companies List
- Recognition underscores commitment to transparency, reliability, and sustainability
- Reflects strong customer trust, investor confidence, and employee satisfaction
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- None.
The Newsweek list, developed in collaboration with Statista, relies on over 230,000 evaluations of companies across 23 industry sectors and 20 countries. Assessments were based on key factors including customer trust, investor confidence, and employee satisfaction.
"As the global transition to clean energy accelerates, Canadian Solar will continue to meet the needs of our customers, partners, and investors by manufacturing and delivering some of the best and highest quality solar and energy storage products in the world, backed by the trust and quality we have cultivated over the years," said Thomas Koerner, Corporate Senior Vice President of Canadian Solar Inc. "We are honored to accept this recognition from Newsweek as the most trustworthy company in the Energy and Utilities sector."
To see the full ranking, visit Newsweek's World's Most Trustworthy Companies 2024 - Energy & Utilities.
About Canadian Solar Inc.
Canadian Solar was founded in 2001 in
Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar power and battery energy storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage; future available supplies of silicon, solar wafers and lithium cells; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as China, the U.S., Europe, Brazil and Japan; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 26, 2024. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Canadian Solar Inc. Investor Relations Contact
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com
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SOURCE Canadian Solar Inc.
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