CANADIAN SOLAR INC.
Table of Contents

 
 
FORM 6-K
 
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of July 2008
Commission File Number: 001-33107
 
CANADIAN SOLAR INC.
 
199 Lushan Road
Suzhou New District
Suzhou, Jiangsu 215129
People’s Republic of China
(Address of principal executive offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F þ                    Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o                              No þ
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82-      N/A     
The document attached as Exhibit 99.1 to this 6-K shall be incorporated by reference into the Registrant’s Registration Statement on Form F-3 as filed on July 14, 2008 (No. 333-152325).
 
 

 


 

CANADIAN SOLAR INC.
Form 6-K
TABLE OF CONTENTS
         
    3  
 EX-99.1 PRESS RELEASE

 


Table of Contents

SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
         
  CANADIAN SOLAR INC.
 
 
  By:     /s/ Shawn (Xiaohua) Qu    
  Name:   Shawn (Xiaohua) Qu  
  Title:   Chairman, President and
Chief Executive Officer 
 
 
Date: July 15, 2008

 

EX-99.1 PRESS RELEASE
Exhibit 99.1
(CANADIAN SOLAR INC. LOGO)
Canadian Solar Signs 9MW Sales Agreement with Conergy USA
Jiangsu, and Jiangxi, China, July 15, 2008 — Canadian Solar Inc. (“the Company”, “CSI” or “we”) (NASDAQ: CSIQ) today announced a 9MW sales agreement for its e-Modules with Conergy USA, a global leader in renewable energy solutions. The contract runs for 12 months until June 2009 and delivery will start this month.
Kim McLawhorn, President of Conergy Americas commented, “We are pleased to offer CSI’s e-Modules for our off-grid and grid-connected installations of photovoltaic systems. As a leading global PV supplier, we are confident in the long-term growth of the US solar market and look to continue our strategic partnership with CSI as we help consumers achieve clean and independent energy solutions.”
Dr. Shawn Qu, CEO of CSI, said, “We are very pleased to announce this relationship with Conergy. This contract serves as a testament to the quality of our e-Module technology, and the strong demand we are seeing in the market place continuing into 2009.”
Introduced by CSI, e-Module is a low-cost, medium-power solar panel product built with 100% upgraded metallurgical silicon (UMG).
Additionally, CSI will have an exhibit open to the public at Intersolar North America in San Francisco, July 15-17, 2008 at Booth No. 9100, West Hall Level 3. This will be the U.S.’s premier international exhibition for photovoltaics, solar thermal technology and solar architecture. Coupled with SEMICON West, Intersolar North America will also attract a broad base of attendees in the complimentary markets of semiconductor and nano-electronics manufacturing and development.
About Canadian Solar Inc. (NASDAQ: CSIQ)
Founded in 2001, Canadian Solar Inc. (CSI) is a vertically integrated manufacturer of solar cell, solar module and custom-designed solar application products serving customers worldwide. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications. For more information, please visit http://www.csisolar.com.
About Conergy
Conergy is one of the world’s largest companies 100% dedicated to renewable energy with over 75,000 systems developed, installed or supplied in more than 25 countries on 5 continents. Conergy brings over 20 years experience in the US as a distributor and systems integrator. Through wholesale distribution Conergy provides premium products and value-added services to a national network of authorized installers servicing the grid-tied and off-grid residential and small commercial markets. In addition, Conergy’s expert project

 


 

engineers deliver custom turn-key solar electric systems for commercial, government, agricultural and education projects 100kW and larger. To learn more about Conergy please visit www.conergy.us.
Contacts:
     
In Jiangsu, P.R. China
  In the U.S.
Alex Taylor, IR Director
  John Robertson
Canadian Solar Inc.
  The Ruth Group
Phone: +86-512-6690-8088
  Phone: +1-646-536-7024
ir@csisolar.com
  jrobertson@theruthgroup.com
Safe Harbor/Forward-Looking Statements
Certain statements in this press release including statements regarding expected future financial and industry growth 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 general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future shortage or availability of the supply of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers, including customers of our silicon materials sales; changes in demand from major markets such as Germany; changes in customer order patterns; changes in product mix; 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; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company’s SEC filings, including its annual report on Form 20-F originally filed on May 29, 2007. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. You 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.