Canadian Solar announced a change in leadership at Recurrent Energy , its global renewable energy and energy storage development division. The company appointed Dylan Marx as the subsidiary's new CEO, replacing Ismael Guerrero , who will step down from the executive role effective immediately.
To ensure a smooth transition, Guerrero will remain with the company as a non-executive advisor until December 31, 2026. In parallel, Marx will step down as Chief Operating Officer (COO) of Canadian Solar to focus exclusively on leading Recurrent Energy.
The appointment comes at a time of strong expansion for the group's project development business, which currently has one of the largest renewable portfolios in the sector.
A relay to propel the next stage
Canadian Solar indicated that the change seeks to continue Recurrent Energy's growth strategy, building on the experience Marx accumulated within the organization.
"Dylan's deep understanding of the Recurrent Energy business, his global vision, and his track record of leading operations make him the right person to lead the company into its next phase," said Colin Parkin, CEO of Canadian Solar.
The executive also thanked Ismael Guerrero for his leadership of the company and highlighted his contribution to the development of the international project platform.
A global-scale portfolio
Recurrent Energy has become one of Canadian Solar's main growth drivers since its creation as a project development platform.
Globally, the group has developed, built and connected approximately 12.2 GWp of solar projects and 6.4 GWh of battery energy storage (BESS) since 2010.
It currently maintains a development portfolio of 24 GWp in solar energy and 81 GWh of storage , distributed in different stages of execution around the world.
Canadian Solar strengthens its energy infrastructure business
The leadership change comes as Canadian Solar continues to consolidate its presence in both manufacturing and energy infrastructure development.
Since its founding in 2001, the company has supplied approximately 177 GW of photovoltaic modules worldwide.
Through its subsidiary e-STORAGE , it had also delivered more than 20 GWh in energy storage solutions through March 2026 and maintained a contracted portfolio exceeding US$3.5 billion , according to data reported by the company.
With the appointment of Dylan Marx, Canadian Solar seeks to continue the growth of Recurrent Energy in a context of strong expansion in the solar energy and storage markets, segments that today concentrate good