Canadian Solar Inc.

Ladies and gentlemen, thank you for standing by and welcome to Canadian Solar's second quarter 2026 earnings conference call. My name is Melissa and I will be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. As a reminder, this conference is being recorded for replay purposes. I'd now like to turn the call over to Wina Huang, Head of Investor Relations at Canadian Solar. Please go ahead.

Thank you, operator, and welcome everyone to Canadian Solar's second quarter 2026 conference call. Please note that today's conference call is accompanied with slides which are available on Canadian Solar's investor relations website within the events and presentation section. Joining us today are Colin Parkin, CEO, Dylan Marx, CEO of Canadian Solar's subsidiary Recurrent Energy, Xinbo Zhu, Senior VP and CFO, and Dr. Shawn Xu, Executive Chairman and CTO. All company executives will participate in the Q&A session after management's formal remarks. On this call, Colin will deliver key messages for the quarter, Dylan will share updates for Recurrent Energy, Xinbo will go through the financial results, and Shawn will discuss sustainability and technology highlights. Colin will conclude the prepared remarks with the business outlook After which we will have time for questions. Before we begin, I would like to remind listeners that management's prepared remarks today, as well as their answers to questions, will contain certain forward-looking statements that are subject to risks and uncertainties. The company claims protection under the Safe Harbor for forward-looking statements that is contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ from management's current expectations. Any projections of the company's future performance represent management's estimates as of today. Canadian Solar assumes no obligation to update these projections in the future unless otherwise required by applicable law. A more detailed discussion of risks and uncertainties can be found in the company's annual report on Form 20-F, filed with the Securities and Exchange Commission. Management's prepared remarks will be presented within the requirements of SEC Regulation Sheet regarding generally accepted accounting principles or GAAP. Some financial information presented during the call will be provided on both a GAAP and non-GAAP basis. By disclosing certain non-GAAP information, management intends to provide investors with additional information to enable further analysis of the company's performance and underlying trends. Management uses non-GAAP measures to better assess operating performance and to establish operational goals. Non-GAAP information should not be viewed by investors as a substitute for data provided in accordance with GAAP. And now I'd like to turn the call over to Canadian Solar's CEO, Colin Parkin. Colin, please go ahead.

Thank you, Wina, and thank you all for joining our second quarter earnings call. Beginning on slide three, we recognized on 3.1 gigawatts of solar modules within guidance. We exceeded our storage guidance shipping 3.7 gigawatt hours and recognizing revenue on 3.3 gigawatt hours within the quarter. Revenue totaled $1.2 billion at the high end of guidance.