Canadian Solar says 90% of its PV projects now rely on TOPCon technology – Strategic Energy Europe

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Canadian Solar is deepening its commitment to TOPCon technology as the backbone of its photovoltaic strategy in South America, while preparing to launch new solar modules with capacities of up to 725 Wp before the end of the year.
This technological evolution follows a roadmap focused on increasing energy efficiency, reducing operating costs and delivering end-to-end solutions that integrate energy storage systems, inverters, transformer stations and continuous technical support.
“We are constantly developing new technologies for photovoltaic panels, but we are placing a strong focus on TOPCon technology, which is already present in nearly 90% of projects. This gives us a major opportunity to scale this technology, offering even two different product types (larger and smaller cells), in addition to battery systems,” explained Thiago Rodrigues, Sales Manager for South America at Canadian Solar, during the Future Energy Summit Chile.
Beyond higher module power ratings, the company is also prioritising features such as bifaciality, which can boost electricity generation by between 10% and 30%, as well as improvements in temperature coefficients and moisture resistance—key factors for projects operating in harsh and demanding climates.
“The company’s vision, centred on innovation and quality, is to vertically integrate the production chain and continue innovating so that projects can access the best possible technology,” the executive emphasised.
At the same time, Canadian Solar is positioning itself as a full-solution provider. With 24 years of market presence, the company has evolved from a pure equipment manufacturer into a long-term partner for photovoltaic and hybrid projects. Its portfolio now includes solar modules, inverters, transformer stations and battery energy storage systems, aimed at maximising operational efficiency and building long-term technical confidence.
“In addition, over the past few years, the company has maintained a positive financial balance, with positive net profit, which is extremely important for the market because our strategy is to remain in the region for many years to come,” the South America sales manager added.
Canadian Solar’s experience across Latin America has given the company a deep understanding of the region’s technical, regulatory and commercial challenges. One of the most important lessons has been the need to adapt global technologies to local grid conditions.
“Canadian Solar operates globally with a worldwide portfolio, but deploying products in Latin America requires a degree of ‘tropicalisation’ to cope with regional power systems, which tend to be more fragile and require hybrid architectures to achieve greater stability,” Rodrigues explained.
Regulatory differences between countries also demand tailored business models. “We are seeing very different regulatory environments and price signals in markets such as Chile and Argentina,” he warned.
“For this reason, we are developing strategic business models such as commercial and industrial (C&I) solutions, turnkey projects and utility-scale developments with adapted structures, prioritising bankability and design predictability, as the industry becomes increasingly innovative and competitive,” he concluded.
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Jaime Toledo warned that Chile’s 40-year-old electricity pricing framework is misaligned with today’s renewable-heavy power system and could slow down investments in energy storage, transmission and clean generation.
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by Keep reading
Marcelo Álvarez, Director of Strategy and Institutional Relations at Coral Energía, believes energy storage will become competitive in Argentina by 2026 or 2027 and anticipates that the country is heading towards a new 500 MW tender at strategic grid nodes.
by Keep reading
Jaime Toledo warned that Chile’s 40-year-old electricity pricing framework is misaligned with today’s renewable-heavy power system and could slow down investments in energy storage, transmission and clean generation.
by Keep reading
The company is rolling out a regional roadmap focused on operational innovation, strict regulatory frameworks, and specialized technical support to advance energy storage projects in Argentina, Peru, Chile, and Colombia.
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