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Canadian Solar to restore US production, set up JV with China subsidiary

Nikkei Asia · last updated
Energy

Canadian Solar to restore US production, set up JV with China subsidiary

Move aims to evade Washington’s growing scrutiny of Chinese companies

Canadian Solar will hold a more than 75% stake in a joint venture with its China-headquartered subsidiary. © Reuters

PAK YIU

December 4, 2025 02:57 JST

NEW YORK — Chinese solar company CSI Solar will form a joint venture with its Canadian parent company to oversee American manufacturing operations, in a move aimed at navigating Washington’s growing scrutiny of China.

Canadian Solar will hold a controlling 75.1% stake of the new company, CS PowerTech, and also acquire three overseas facilities that support U.S. operations from the Suzhou, China-headquartered CSI Solar, the companies said in a recent filing. CSI will own the remaining 24.9% stake.

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