Canadian Solar's U.S.-Manufactured TOPCon and HJT HP Modules Achieve FM Approvals Recognition for Their Severe Hail Resilience
Rhea-AI Summary
Canadian Solar (NASDAQ: CSIQ) announced that its U.S.-manufactured TOPCon and HJT Low Carbon HP modules have achieved FM Approvals recognition under standards FM 4478 and FM 4480, becoming the first PV modules listed as identified components for severe hail zones.
The modules passed extensive hail damage, design qualification, and safety qualification tests based on ANSI/FM, IEC/EN 61215, IEC/EN 61730-2, and ANSI/UL 61730. According to Canadian Solar, this recognition validates the modules’ severe hail resilience, aims to support project insurability and bankability, and is intended to help protect revenue streams and long-term plant performance in hail-prone, climate-challenged markets.
Positive
- First FM Approvals listing for PV modules as identified components in severe hail zones
- Hail-resilient TOPCon and HJT HP modules passed FM 4478 and FM 4480 testing
- Comprehensive testing completed to ANSI/FM, IEC/EN 61215, IEC/EN 61730-2 and ANSI/UL 61730 standards
- FM recognition expected to support project insurability and bankability in hail-prone markets
- e-STORAGE battery solutions shipped over 20 GWh globally as of March 31, 2026
- Contracted e-STORAGE backlog of $3.5 billion as of May 8, 2026
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The recognition validates the exceptional durability and resilience of Canadian Solar's
- Hail Damage Resistance Testing per ANSI/FM Approvals Standard for Ground-Mounted or Elevated Photovoltaic Module System, Class 4480.
- Design Qualification and Type Approval Testing in accordance with the IEC/EN 61215 series standards.
- Safety Qualification Testing in accordance with IEC/EN 61730-2 and ANSI/UL 61730 requirements.
As the first FM Approvals identified component PV modules listed in the industry, Canadian Solar's
By helping reduce hail-related project risks, strengthening insurability, and supporting long-term asset performance, these modules can enhance project bankability and contribute to more predictable lifetime returns. Designed for today's increasingly challenging climate conditions, they enable solar project stakeholders to better protect revenue streams while supporting reliable plant operation over the life of the asset.
Dr. Shawn Qu, Executive Chairman and Chief Technology Officer of Canadian Solar, said, "As extreme weather events become more frequent, resilience is increasingly critical to solar project success. The FM Approvals listing of our
About FM Approvals
FM Approvals is a premier, global, third-party testing and certification agency, founded as a business unit of FM Global. Backed by technical integrity, engineering expertise, and science-based testing standards, FM Approvals evaluates loss prevention products used to protect commercial and industrial facilities. During testing and certification, products are analyzed to understand performance under real-life perils including fire, flood, wind, seismic activity, and other emerging threats. Products that are certified to the requirements of our loss prevention standards are listed in the Approval Guide or RoofNav.
About Canadian Solar Inc.
Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 25 years, Canadian Solar has successfully delivered nearly 177 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar had shipped over 20 GWh of battery energy storage solutions to global markets as of March 31, 2026, and had a
Safe Harbor/Forward-Looking Statements
Certain statements in this press release, including those regarding the Company's expected future shipment volumes, revenues, gross margins, and project sales 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 "may", "will", "expect", "anticipate", "future", "ongoing", "continue", "intend", "plan", "potential", "prospect", "guidance", "believe", "estimate", "is/are likely to" or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. 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
View original content:https://www.prnewswire.com/news-releases/canadian-solars-us-manufactured-topcon-and-hjt-hp-modules-achieve-fm-approvals-recognition-for-their-severe-hail-resilience-302838445.html
SOURCE Canadian Solar Inc.