shawn xiaohua qu
President & CEO, Canadian Solar Inc.
(PhD (Materials Science & Engineering), UofT, 1995; BSc, Tsinghua University, 1986; MSc (Physics), University of Manitoba, 1990)
Dr. Shawn Xiaohua Qu founded Canadian Solar Inc. in October 2001 and has been its Chief Executive Officer and President since October 2001. Prior to founding Canadian Solar, Inc., Dr. Qu worked at Automation Tooling Systems Inc (ATS), Cambridge, Ontario Canada from 1998 to 2001, where he performed various responsibilities at ATS and at its subsidiaries in the solar power business, Matrix and Photowatt International S.A. including Director for Silicon Procurement, Director for Strategic Planning and Business Development and Technical Vice President (Asia Pacific) of Photowatt International S.A. From 1996 to 1998, Dr. Qu served as a Research Scientist at Ontario Hydro (currently Ontario Power Generation), where he worked as a process leader in the development of Spheral Solar technology, a proprietary solar technology which Ontario Hydro acquired from Texas Instruments.
Business Achievements
Under Dr. Qu’s leadership, Canadian Solar Inc. became a publicly listed company on NASDAQ in 2006 and has grown into one of the largest photovoltaic solar product manufacturers and solar power project developers in the world. As of December 31st, 2016, Canadian Solar Inc. has delivered cumulatively more than 20GW of solar modules to thousands of customers in more than 100 countries. The Company and its subsidiaries have also connected cumulatively more than 3GW of solar power plants to the grid. These solar power plants are located in Canada, the United States of America, Japan, China and the United Kingdom. The company has also developed and constructed solar power plants in Mexico, Brazil, India and Namibia.
For 2017, Canadian Solar expects to ship 6 to 6.5GW solar modules, achieve approximately $4B of revenue and connect approximately 1GW of new solar power plants around the world. The Company runs manufacturing facilities in six countries including Canada, China, Thailand, Vietnam, Indonesia and Brazil. The Company employs more than 10,000 people around the world.
In 2015, Canadian Solar Inc. acquired Recurrent Energy of California from Sharp, with approximately $265M, thus became one of the largest utility-scale solar power plant developers in the US. Canadian Solar has invested $940M into the US as of today, including capital investment, parent and intercompany loans to its US subsidiaries, parent guaranteed loans and other financial facilities.
Academic publications / Technology achievements
Dr. Qu was the principal researcher on various topics in condensed matter physics and semiconductor materials science during his M.Sc. and Ph.D. studies. He has published scientific research papers in academic journals such as IEEE Quantum Electronics, Applied Physics Letter and Physical Review.
Under his strategic leadership, the Canadian Solar research team has pioneered the commercialization of MCCE (Metal Catalyzed Chemical Etch) black Si texturing technology from 2012 to 2016, improved the efficiency of solar cell, at the same time enabled the low cost diamond wire-saw mc-Si wafer technology to become the new mainstream technology. He also has led the company creating a module production portfolio that accelerated the PV technology advancement for the whole PV industry, such as ELPS (MWT technology), double glass modules and high voltage modules. Through developing new PV technology, Dr. Qu and his team have accelerated solar grid parity, thus enabling the solar industry in many countries to approach the same cost level of fossil fuel energy.
Education
Dr. Qu received a Ph.D. Degree in Material Science from University of Toronto in 1995, a M.Sc. Degree in Physics from University of Manitoba in 1990 and a B.Sc. in Applied Physics from Tsinghua University (Beijing, China) in 1986.
From 1995-1996, Shawn was a Post Doctorate Research Fellow at University of Toronto focusing on semiconductor optical devices.
Honorary titles and Recognitions
In 2010, Dr. Shawn Qu was selected as one of the first group of 25 people out of the Chinese government’s 1000 overseas talent program and later was awarded the title by the state council as China’s Distinguished Expert for Dr. Qu’s significant contribution in starting and developing the solar industry in China.
From 2011 to 2013, Shawn was an honorary professor at Tsinghua University, the top university in China, for the development of the renewable energy research program.
Shawn has been actively involved in various solar industry associations and holds key positions. Among them are member of Photovoltaic Special Committee of China Renewable Energy Association, Vice Chairman of Chinese Photovoltaic Industry Association, and Executive Vice Chairman of Jiangsu Province Photovoltaic Industry Association.
Public speaking
Dr. Shawn Qu is viewed as the global solar industry leader. In the past few years, Dr. Qu has been an invited speaker at the IFC Climate Change Conference, the International Economic Forum Americas, the Wall Street Journal Economics Forum, Bloomberg’s New Energy Finance Forum, International Energy Forum, Solar Power International, TEDx Talks, and many other prestigious forums, special interviews at China’s most viewed TV programs “Dialogue”, “Brainstorming” and “Bosstown”.
Personal
Born in Beijing
Married with three children
Education
PhD in material science from the University of Toronto
MSc in physics from the University of Manitoba
BSc in applied physics from Tsinghua University in Beijing
Career highlights
Founded Canadian Solar in Ontario in 2001
Began manufacturing in China in 2002
Listed on NASDAQ in 2006
Opened Canadian Solar’s first a plant in Guelph, Ont. in 2011, then one in London, Ont. in 2014
Purchased leading US energy developer, Recurrent, for $265 million
Set to list new Yield-Co.
In his own words
“My dream was to see solar panels on every household … to create a clean world for the next generation, for our children.”
“I manage a new economy, new energy, business in a very traditional way. I guess I am quite different from other entrepreneurs who start companies. It is very different from the Facebook style.”
“The conventional energy industry receives more tax breaks and incentives than the solar industry. People just don’t see them.”
“We will see costs going down and prices going down, and solar becoming more economic. It will be more and more competitive compared with conventional power sources.”
“Banks and investors are becoming more familiar with solar. They are starting to see solar as a good investment with very predictable incomes.”