News Releases

Canadian Solar to Showcase New Products at 2015 Solar Power International

GUELPH, Ontario, Sept. 14, 2015 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that the company will participate in the 2015 Solar Power International (SPI) exhibition to be held September 14-17, 2015 at the Anaheim Convention Center in Anaheim, California.

During this annual exhibition, Canadian Solar will introduce several new products, including--

  • The Canadian Solar Smart DC module (CS6P-260|265P-SD): An integrated Canadian Solar PV module featuring the SolarEdge OPJ-300-LV DC power optimizer
  • The Canadian Solar 36 kW string inverter, which is the latest addition to the company's 1000V UL, three-phase CSI-KTL-CT inverter family
  • The Canadian Solar 72-cell, 1500V Diamond CS6X-P-FG PV module

"Leading the DC optimizer market, SolarEdge believes that by embedding SolarEdge's power optimizers directly into the modules during the manufacturing process, this will help accelerate the pace of PV adoption around the world," stated Lior Handelsman, VP of Marketing and Product Strategy of SolarEdge Technologies. "We are pleased that an important player, such as Canadian Solar, has joined us on this mission to provide optimized PV solutions designed to lower the cost of solar energy."

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "As Solar Power International is the industry's largest solar tradeshow, we welcome solar aficionados and industry experts alike to visit Canadian Solar in Booth #3705. With our new product offerings and complete systems wall, we expect this year's SPI show to be a successful and valuable conference and exhibition."

About Canadian Solar Inc.

Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully deployed over 11 GW of premium quality modules in over 70 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the world, having been publically listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on Facebook, Twitter, LinkedIn, or on the website.

About SolarEdge

SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ: SEDG) provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems. The SolarEdge DC optimized inverter system maximizes power generation at the individual PV module-level while lowering the cost of energy produced by the solar PV system. The SolarEdge system consists of power optimizers, inverters and a cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. SolarEdge is online at www.solaredge.us.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include the risks regarding general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of solar grade silicon; demand for solar products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand in our project markets, including Canada, the U.S., Japan and China; changes in customer order patterns; capacity utilization; level of competition; pricing pressure and declines in average selling price; delays in new product introduction; continued success in technological innovations and delivery of products with the features customers demand; utility-scale project approval process delays; utility-scale project construction delays; utility-scale project cancelation due to failure to obtain all the necessary permits; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; trade protectionism in Europe, the U.S. and India; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20-F filed on April 23, 2015. Although the Company believes that the expectations reflected in its forward looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

SOURCE Canadian Solar Inc.

For further information: Ed Job, CFA, Director, Investor Relations, Canadian Solar Inc., investors@canadiansolar.com; David Pasquale, Global IR Partners, +1-914-337-8801, csiq@globalirpartners.com; Suzanne Wilson, Marketing, Canada, +1-519-497-9769, Suzanne.Wilson@canadiansolar.com; Audrey Lin, Marketing, United States, +1-888-998-7739, Audrey.Lin@canadiansolar.com; Hadas Rozen, Director of Marketing, SolarEdge, +1-877-360-5292, Hadas.Rozen@solaredge.com