Canadian Solar Pursues $350 Million Loan to Boost U.S. Expansion

Canadian Solar is reportedly in the process of securing a $350 million private credit loan to enhance its operations in the United States. Bloomberg posted on X that this move comes amid increased scrutiny by Washington on imports from China. The company aims to strengthen its presence in the U.S. market as geopolitical tensions influence trade dynamics. Canadian Solar's expansion efforts align with the growing demand for renewable energy solutions in the region. The loan is expected to support the company's strategic initiatives and operational growth in the U.S. market.