Canadian Solar has engaged Guggenheim Securities to assess strategic alternatives for its Recurrent Energy subsidiary, which develops solar farms and energy‑storage projects. The move follows the subsidiary’s loss of eligibility for certain U.S. clean‑energy tax credits and its exposure to higher material costs and tariff pressures, including new rules that limit the use of Chinese equipment in projects seeking the investment tax credit. To qualify for the credit, developers must have begun construction before 4 July. In May, Recurrent Energy disclosed that it continues to pursue asset sales to reduce its debt load. At the end of the previous year the unit reported approximately $2.17 billion of non‑recourse borrowings. To date the company has built 12.2 gigawatts of solar capacity and 6.4 gigawatt‑hours of battery storage across six continents.