---
title: "Canadian Solar vs ZNShine - Brand Comparison | ComparePV"
description: "Compare Canadian Solar vs ZNShine solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/canadian-solar-vs-znshine"
---

# Canadian Solar vs ZNShine

Canadian Solar has the broader catalog (292 vs 212 models). Canadian Solar leads on peak efficiency at 24.40%.


## The two companies


| Attribute | Canadian Solar | ZNShine |
| --- | --- | --- |
| Country | Canada | China |
| Headquarters | Kitchener | Suqian |
| Founded | 2001 | 1988 |
| Employees | 17,113 | 1,200 |
| Annual capacity | 51 GW/year | 10 GW/year |
| Tier 1 | yes | yes |
| Listed | NASDAQ: CSIQ | NEEQ: 838463 |
| Website | [https://www.canadiansolar.com](https://www.canadiansolar.com) | [http://www.znshinesolar.com](http://www.znshinesolar.com) |

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.

ZNShine Solar is a high-tech PV enterprise specializing in R&D, manufacturing, and sales of solar modules. They also provide integrated photovoltaic, battery storage, and green hydrogen solutions, as well as BIPV, rooftop solar, and utility-scale solar solutions with a commitment to boosting green electricity...


## Catalog & Power


| Measure | Canadian Solar | ZNShine | Margin |
| --- | --- | --- | --- |
| Panel Models | 292 | 212 | +80 |
| Max Power | 730 W | 670 W | +60 W |
| Avg Power | 472 W | 535 W | +63 W |


## Efficiency


| Measure | Canadian Solar | ZNShine | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 24.40% | 22.83% | +1.57 pp |
| Avg Efficiency | 20.66% | 21.35% | +0.69 pp |


## Reliability & Warranty


| Measure | Canadian Solar | ZNShine | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.331%/°C | -0.329%/°C | +0.002 |
| Bifacial Share | 133 (46%) | 89 (42%) | +4 pp |
| Avg Warranty | 28.2 yrs | 28.3 yrs | +0.1 yr |


## Efficiency distribution

Canadian Solar skews to higher efficiency: 13% of lineup is 23%+


| Efficiency band | Canadian Solar | ZNShine |
| --- | --- | --- |
| \<20% | 128 (43.8%) | 5 (2.4%) |
| 20-21% | 36 (12.3%) | 59 (27.8%) |
| 21-22% | 41 (14.0%) | 101 (47.6%) |
| 22-23% | 50 (17.1%) | 47 (22.2%) |
| 23%+ | 37 (12.7%) | 0 |


## Power distribution

Canadian Solar offers more 600W+ panels (24% of lineup)


| Power band | Canadian Solar | ZNShine |
| --- | --- | --- |
| \<400W | 104 (35.6%) | 6 (2.8%) |
| 400-499W | 72 (24.7%) | 64 (30.2%) |
| 500-599W | 45 (15.4%) | 99 (46.7%) |
| 600-699W | 64 (21.9%) | 43 (20.3%) |
| 700W+ | 7 (2.4%) | 0 |


## Cell technology

Dominant cell tech: **PERC** (67%)

Dominant cell tech: **PERC** (63%)


| Technology | Canadian Solar | ZNShine |
| --- | --- | --- |
| PERC | 195 (66.8%) | 134 (63.2%) |
| TOPCon | 85 (29.1%) | 78 (36.8%) |
| HJT | 12 (4.1%) | 0 |


## Top panels, Canadian Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [CS7N-730TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-730tb-ag) | 730 | 23.5 | -0.290 | Monocrystalline |
| 2 | [CS7N-725TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-725tb-ag) | 725 | 23.3 | -0.290 | Monocrystalline |
| 3 | [CS7N-720TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-720tb-ag) | 720 | 23.2 | -0.290 | Monocrystalline |
| 4 | [CS7N-715TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-715tb-ag) | 715 | 23.0 | -0.290 | Monocrystalline |
| 5 | [CS7N-710TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-710tb-ag) | 710 | 22.9 | -0.290 | Monocrystalline |
| 6 | [CS7N-705TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-705tb-ag) | 705 | 22.7 | -0.290 | Monocrystalline |
| 7 | [CS7N-700TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-700tb-ag) | 700 | 22.5 | -0.290 | Monocrystalline |
| 8 | [CS7N-695TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-695tb-ag) | 695 | 22.4 | -0.290 | Monocrystalline |
| 9 | [CS7N-690TB-AG](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-690tb-ag) | 690 | 22.2 | -0.290 | Monocrystalline |
| 10 | [CS7N-675MS](https://comparepv.com/panel/csi-solar-co-ltd-canadian-solar-cs7n-675ms) | 675 | 21.7 | -0.340 | Monocrystalline |


## Top panels, ZNShine


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ZXM8-TP132-670W](https://comparepv.com/panel/znshine-zxm8-tp132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 2 | [ZXM8-TPLD132-670](https://comparepv.com/panel/znshine-zxm8-tpld132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 3 | [ZXM8-TPLDD132-670](https://comparepv.com/panel/znshine-zxm8-tpldd132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 4 | [ZXM8-TP132-670](https://comparepv.com/panel/znshine-zxm8-tp132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 5 | [ZXM8-TPLD132-670W](https://comparepv.com/panel/znshine-zxm8-tpld132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 6 | [ZXM8-TP132-665W](https://comparepv.com/panel/znshine-zxm8-tp132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 7 | [ZXM8-TPLD132-665](https://comparepv.com/panel/znshine-zxm8-tpld132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 8 | [ZXM8-TPLDD132-665](https://comparepv.com/panel/znshine-zxm8-tpldd132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 9 | [ZXM8-TPLD132-665W](https://comparepv.com/panel/znshine-zxm8-tpld132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 10 | [ZXM8-TP132-665](https://comparepv.com/panel/znshine-zxm8-tp132-665) | 665 | 21.4 | -0.340 | Monocrystalline |


## Summary

Canadian Solar was founded in 2001 by Dr. Shawn Qu in Guelph, Ontario, Canada, and is today headquartered in Kitchener, Ontario, with shares traded on NASDAQ since 2006 under the ticker CSIQ. The company employs roughly 20,000 people across more than 20 countries, has shipped nearly 170 GW of modules cumulatively since its founding, and maintains annual module production capacity of approximately 50 GW, placing it firmly among the world's largest vertically integrated photovoltaic manufacturers. Canadian Solar holds consistent BNEF Tier 1 bankability status and in 2025 was named to the S&P Global Commodity Insights Premier List of Tier 1 Cleantech Companies. ZNShine (ZNSHINE PV-Tech Co.) is a Chinese manufacturer founded in 2006, headquartered in Suqian, Jiangsu province, with four production bases - three in China and one in Indonesia - and a combined annual module capacity of approximately 12 GW. ZNShine has held BNEF Tier 1 certification continuously since 2013, giving it over a decade of uninterrupted bankability recognition. Measured by institutional footprint, total shipping scale, and recognition among project finance lenders, Canadian Solar holds a clear and substantial advantage.

Canadian Solar's current lineup centers on n-type TOPCon modules in the TOPHiKu and TOPBiHiKu series, with select models achieving efficiency up to 24.4%, and HJT modules under the HiHero brand with bifaciality up to 95%, across a portfolio backed by a 30-year product and performance warranty. The range spans residential rooftop, commercial and industrial (C&I), and utility-scale ground-mount applications across global markets. ZNShine produces n-type TOPCon double-glass modules in the 20.5-22.5% efficiency range, targeting residential, commercial, and utility buyers, with a 10-12-year product warranty and a 25-30-year performance guarantee. The company has been named a Kiwa PVEL Top Performer for seven consecutive years through 2025, providing third-party validation of module reliability under accelerated stress conditions. ZNShine recently announced an Indian manufacturing joint venture, signaling intent to diversify production beyond China.

For most international buyers, Canadian Solar is the stronger default choice, underpinned by a broader technology portfolio spanning multiple advanced cell architectures, significantly higher annual output, and deeper ties within project finance markets globally. ZNShine is a credible, bankable alternative - particularly well suited to cost-sensitive commercial or residential buyers who draw confidence from its unbroken Tier 1 standing and verified PVEL reliability track record. In straightforward residential and mid-scale commercial deployments, both brands are broadly interchangeable, provided that local distribution and after-sales support are on comparable footing.

Written by claude-sonnet from the figures above.


## Other comparisons

- [Canadian Solar vs A.B. Energy](https://comparepv.com/canadian-solar-vs-a-b-energy)
- [AE Solar vs ZNShine](https://comparepv.com/ae-solar-vs-znshine)
- [Canadian Solar vs AEET](https://comparepv.com/canadian-solar-vs-aeet)
- [AIKO vs ZNShine](https://comparepv.com/aiko-vs-znshine)
- [Canadian Solar vs AKCOME](https://comparepv.com/canadian-solar-vs-akcome)
- [ARTsolar vs ZNShine](https://comparepv.com/artsolar-vs-znshine)


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Source: https://comparepv.com/canadian-solar-vs-znshine

Not in this file, on the page: the distributions above drawn as charts.