Canadian Solar announced its Q2 2026 financial results, with revenue reaching $1.2 billion, meeting the upper end of its guidance. The gross margin was 13.9%, with a net loss of $77 million and a loss per share of $1.40. The company stated that its HJT solar cell factory in Jeffersonville, USA, will fully commence the first phase of 2.1 GWp capacity on October 1st. It plans to increase total capacity to 6.3 GWp by 2027, making it the largest crystalline silicon cell manufacturing facility in North America. The company has secured a contract backlog exceeding 13 GWp.