Canadian Solar vs MY Solar - solar panel manufacturer comparison
Canadian Solar has the broader catalog (292 vs 140 models). Canadian Solar leads on peak efficiency at 24.40%.
Both catalogues are read from the manufacturers' own datasheets. A brand is not scored against the market here, only against the other brand on this page.
The two companies
Canadian Solar Inc. is a global renewable energy company founded in 2001. Headquartered in Kitchener, Ontario, it manufactures solar PV modules and provides battery energy storage solutions. The company also develops utility-scale solar power and battery energy storage projects.
- Founded
- 2001
- Headquarters
- Kitchener, Canada
- Annual capacity
- 51 GW/year
- Employees
- 17,113
- Listed
- NASDAQ: CSIQ
- Tier 1 bankable
- Yes
Catalogue against catalogue
An average over a catalogue describes the range a manufacturer publishes, not the module you would buy. A brand with two flagship panels and eighty older ones averages worse than one that has retired its back catalogue.
What each of them builds
Canadian Solar skews to higher efficiency: 13% of lineup is 23%+
Canadian Solar offers more 600W+ panels (24% of lineup)
Dominant cell tech: <strong>PERC</strong> (67%)
Dominant cell tech: <strong>PERC</strong> (58%)
The flagships
Written summary
Canadian Solar was founded in 2001 and is headquartered in Guelph, Ontario, Canada, with the bulk of its manufacturing based in China. It has been publicly listed on NASDAQ since 2006 and holds confirmed Tier 1 status under BloombergNEF rankings, in addition to earning a spot on the S&P Global Commodity Insights Premier Tier 1 Cleantech list in 2025. Module production capacity is targeted at over 50 GW annually, placing the company among a small group of true global-scale manufacturers. MY Solar Technology Co., Ltd. - operating as mypvtech - is a much smaller producer founded in 2010 in Wuxi, Jiangsu, China, with a reported module production capacity of approximately 3 GW per year. No independent source currently confirms Tier 1 or equivalent bankability status for MY Solar, which matters to project financiers and insurers. On institutional footprint alone, Canadian Solar is in a different league.
Canadian Solar addresses residential rooftop, commercial and industrial (C&I), and utility-scale ground-mount segments with a mature, differentiated product lineup. Its core technology is N-type TOPCon, with the bifacial TOPBiHiKu6 and TOPBiHiKu7 series confirmed by the company and covered in pv-magazine, alongside a shingled mono PERC HiDM line aimed at residential buyers. In June 2026, Canadian Solar announced its TOPCon 3.0 series reaching up to 670 W and 24.8% efficiency, targeted at utility and C&I projects. MY Solar's catalog, by contrast, skews toward smaller modules, portable solar solutions, off-grid inverters, and compact storage systems - a portfolio that reflects a niche positioning rather than competition across all market segments.
For most buyers - whether a homeowner, a commercial developer, or an independent power producer - Canadian Solar is the more straightforward choice, backed by decades of bankable track record and broad distributor coverage in most markets. MY Solar may be worth considering for off-grid or budget-constrained applications, but prospective buyers should carefully verify warranty terms, local service support, and financing eligibility before committing.
Generated by Claude Sonnet · 2026-07-17
Other brand comparisons
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Comparisons are computed from manufacturer datasheets held in the ComparePV database and may not reflect a brand's complete current lineup. Nothing on this page is paid placement.