<SEC-DOCUMENT>0001104659-25-053759.txt : 20250529
<SEC-HEADER>0001104659-25-053759.hdr.sgml : 20250529
<ACCEPTANCE-DATETIME>20250529060115
ACCESSION NUMBER:		0001104659-25-053759
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		1
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20241231
</ITEM>
</RULE>
FILED AS OF DATE:		20250529
DATE AS OF CHANGE:		20250529

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Canadian Solar Inc.
		CENTRAL INDEX KEY:			0001375877
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33107
		FILM NUMBER:		25997527

	BUSINESS ADDRESS:	
		STREET 1:		4273 KING STREET EAST, SUITE 102
		CITY:			KITCHENER
		STATE:			A6
		ZIP:			N2P 2E9
		BUSINESS PHONE:		519-837-1881

	MAIL ADDRESS:	
		STREET 1:		66 WELLINGTON STREET WEST
		STREET 2:		SUITE 4100
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5K 1B7
</SEC-HEADER>
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<TYPE>SD
<SEQUENCE>1
<FILENAME>tm2516461d1_sd.htm
<DESCRIPTION>SD
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<!-- Field: Rule-Page --><DIV STYLE="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;SD</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Specialized Disclosure Report</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CANADIAN SOLAR INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; border-bottom: black 1pt solid; text-align: center"><B>Ontario</B></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 49%; border-bottom: black 1pt solid; text-align: center"><B>001-33107</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or other jurisdiction of</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">incorporation or organization)</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">(Commission File Number)</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: center"><P STYLE="margin-top: 0; margin-bottom: 0"><B>4273 King Street East, Suite 102</B></P>
                                                                               <P STYLE="margin-top: 0; margin-bottom: 0"><B>Kitchener, Ontario, N2P 2E9</B></P>
                                                                               <P STYLE="margin-top: 0; margin-bottom: 0"><B>Canada</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-left: 1.4pt; text-align: center">(Address of principal executive offices)</TD>
    <TD STYLE="width: 50%; padding-right: 88.5pt; padding-left: 79.3pt; text-align: center">(Zip Code)</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Xinbo Zhu, Chief Financial Officer</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Tel: 1 519-837 1881</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name and telephone number, including area code,
of the person to contact in connection with this report.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check <FONT STYLE="color: Black">the appropriate box to indicate the
rule&nbsp;pursuant to which this form is being filed, and provide the period to which the information in this form applies:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings; color: Black"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT> <FONT STYLE="color: Black">Rule&nbsp;13p-1
under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January&nbsp;1 to December&nbsp;31, 2024.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings; color: Black"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT> <FONT STYLE="color: Black">Rule&nbsp;13q-1
under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended 2024.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px"><B>Section&nbsp;1.</B></TD>
    <TD STYLE="text-align: justify"><B>Conflict Minerals Disclosure</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px"><B>Item 1.01.</B></TD>
    <TD STYLE="padding-right: 212.9pt"><B>Conflict Minerals Disclosure and Report</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Conflict Minerals Disclosure</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Canadian Solar Inc. (&ldquo;Canadian Solar&rdquo;)
is one of the world&rsquo;s largest solar technology and renewable energy companies, a leading manufacturer of solar photovoltaic modules,
a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. Canadian
Solar&rsquo;s global footprint spans North America, Asia Pacific, Europe, Australia, South America, the Middle East and Africa. Canadian
Solar&rsquo;s business is divided into two segments: CSI Solar, which focuses on solar module and battery energy storage product manufacturing,
and Recurrent Energy, which focuses on solar power and battery storage project development, asset sales, power services, and electricity
revenue from its operating portfolio.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The disclosures herein for the reporting period
from January&nbsp;1, 2024 to December&nbsp;31, 2024 are presented to comply with Rule&nbsp;13p-1 under the Securities Exchange Act of
1934, as amended. According to section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the definition in the
Form&nbsp;SD and for the purposes of this assessment, conflict minerals are defined as columbite-tantalite (coltan), cassiterite, gold,
wolframite, and their derivatives, which are limited to tantalum, tin and tungsten.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Description of Reasonable Country of Origin Inquiry</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Canadian Solar has taken the following steps as
part of its reasonable country of origin inquiry to determine whether the conflict minerals may have originated in the Democratic Republic
of the Congo or an adjoining country:</P>

<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="color: Black; vertical-align: top">
    <TD STYLE="color: Black; width: 24px"><FONT STYLE="font-family: Symbol; color: Black">&middot;</FONT></TD>
    <TD STYLE="color: Black; text-align: justify"><FONT STYLE="color: Black">listed out the materials and products in its supply chain
    during the reporting period;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="color: Black; vertical-align: top">
    <TD STYLE="color: Black; width: 24px; font-size: 10pt"><FONT STYLE="font-family: Symbol; color: Black">&middot;</FONT></TD>
    <TD STYLE="color: Black; font-size: 10pt; text-align: justify"><FONT STYLE="color: Black">determined which conflict minerals were
    necessary to the functionality or production of products manufactured or contracted to be manufactured by Canadian Solar (&ldquo;necessary
    conflict minerals&rdquo;);</FONT></TD></TR>
  </TABLE>
<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="color: Black; vertical-align: top">
    <TD STYLE="color: Black; width: 24px; font-size: 10pt"><FONT STYLE="font-family: Symbol; color: Black">&middot;</FONT></TD>
    <TD STYLE="color: Black; font-size: 10pt; text-align: justify"><FONT STYLE="color: Black">identified the immediate suppliers whose
    products contained necessary conflict minerals (&ldquo;In-Scope Suppliers&rdquo;);</FONT></TD></TR>
  </TABLE>
<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="color: Black; vertical-align: top">
    <TD STYLE="color: Black; width: 24px; font-size: 10pt"><FONT STYLE="font-family: Symbol; color: Black">&middot;</FONT></TD>
    <TD STYLE="color: Black; font-size: 10pt; text-align: justify"><FONT STYLE="color: Black">requested that In-Scope Suppliers provide
    a confirmation statement on where they obtained their products and materials that contained conflict minerals to determine whether
    further procedures and inquiries were necessary for these products and materials; and</FONT></TD></TR>
  </TABLE>
<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="color: Black; vertical-align: top">
    <TD STYLE="color: Black; width: 24px; font-size: 10pt"><FONT STYLE="font-family: Symbol; color: Black">&middot;</FONT></TD>
    <TD STYLE="color: Black; font-size: 10pt; text-align: justify"><FONT STYLE="color: Black">analyzed whether the necessary conflict
    minerals used by Canadian Solar during the reporting period may have originated from the Democratic Republic of the Congo or an adjoining
    country or whether they were from scrap or recycled sources.</FONT></TD></TR>
  </TABLE>
<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Canadian Solar determined that during the reporting
period, the only conflict mineral necessary to the functionality or production of products that it manufactures or contracts to be manufactured
was tin. In the processing of solar modules, Canadian Solar uses copper strip which is coated with tin. In addition, solder used in junction
boxes and for other purposes contains tin. Canadian Solar has made inquiries with all its suppliers of tin-containing products about the
source of the tin used in their products and further requested that these suppliers provide a confirmation statement on the origin of
the tin contained in their products to determine whether further procedures and inquiries were necessary. Canadian Solar does not make
purchases of raw ore or unrefined conflict minerals and makes no purchases in the Democratic Republic of the Congo or adjoining countries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Determination</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Based on Canadian Solar&rsquo;s reasonable country
of origin inquiry, Canadian Solar has no reason to believe that its necessary conflict minerals may have originated in the Democratic
Republic of the Congo or an adjoining country.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Link on Canadian Solar&rsquo;s Corporate Website</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This specialized disclosure report on Form&nbsp;SD
can be accessed on Canadian Solar&rsquo;s investor relations website at http://investors.canadiansolar.com/sec-filings. The content of
any website referred to in this Form&nbsp;SD is included for general information only and is not incorporated by reference into this Form&nbsp;SD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px; font-size: 10pt"><B>Item 1.02.</B></TD>
    <TD STYLE="font-size: 10pt"><B>Exhibit</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px; font-size: 10pt"><B>Section&nbsp;2.</B></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><B>Resource Extraction Issuer Disclosure</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px; font-size: 10pt"><B>Item 2.01.</B></TD>
    <TD STYLE="font-size: 10pt"><B>Resource Extraction Issuer Disclosure and Report</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px; font-size: 10pt"><B>Section&nbsp;3.</B></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><B>Exhibits</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px; font-size: 10pt"><B>Item 3.01.</B></TD>
    <TD STYLE="font-size: 10pt"><B>Exhibits</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt">CANADIAN SOLAR INC.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 5%; font-size: 10pt">By:</TD>
    <TD STYLE="width: 45%; border-bottom: black 1pt solid">/s/ Xinbo Zhu</TD></TR>

<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Name:</TD>
    <TD STYLE="font-size: 10pt">Xinbo Zhu</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="font-size: 10pt">Chief Financial Officer</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">Date: May&nbsp;29, 2025</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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