Leading Solar Solution Innovator to Provide Turnkey Hardware Solutions for Rooftop and Ground Mounted Solar Power Systems
KITCHENER, Canada, Sept. 25 /PRNewswire-Asia-FirstCall/ -- Canadian Solar
Inc. (Nasdaq: CSIQ), a leading provider of vertically integrated solar cells,
solar module and custom-designed solar application products, today unveiled
its new global headquarters in Kitchener, ON, at 650 Riverbend Dr., further
underscoring its commitment to maintain and deepen its relationship with the
Canadian solar solution market.
Canadian Solar is a $700M (US) company and has operations in seven
different countries around world. The Canadian Solar management team has
extensive experience in managing large, complex projects that require
precision planning and execution. The new headquarters in Kitchener, Ontario
will be the hub of testimony, education and guidance on a wide range of
turnkey solar solutions and opportunities.
Dr. Shawn Qu, Chairman and CEO, Canadian Solar Inc. remarked, "The opening
of this permanent headquarters is a milestone in our continuing relationship
with the Canadian market. Our new headquarters is the symbolic foundation of
our respect and determination to be a fully integrated and reliable solar
turnkey solutions provider in Canada."
Canadian Solar's headquarters is located in Canada's first C-2000 office
building, called Green on the Ground, which further reflects the Company's
dedication to energy efficiency and environmental responsibility.
Canadian Solar has made strong strides towards being recognized as a
leading provider of vertically integrated solar solutions, including
developing complete turnkey hardware solar solutions catering to the Ontario
commercial and residential Feed-in-Tariff market.
"We are extremely proud of the Ontario government and congratulate them
for pursing the Feed-in-Tariff aggressively as it propels Ontario as the green
energy leader," Dr. Qu added. "Canadian Solar supports the benefits of
conservation and renewable energy in Ontario and our business plan reflects
those very same qualities."
About Canadian Solar Inc. (NASDAQ: CSIQ)
Founded in 2001, Canadian Solar Inc. is a leading vertically integrated
provider of ingot, wafer, solar cell, solar module and other solar
applications. Canadian Solar designs, manufactures and delivers solar products
and solar systems for on-grid and off-grid use to customers worldwide.
Canadian Solar is one of the world's largest solar module producers by
manufacturing capacity. With operations in North America, Europe and Asia,
Canadian Solar provides premium quality, cost-effective and environmentally-
friendly solar solutions to support global sustainable development. Canadian
Solar is incorporated in Ontario, Canada with headquarters in Kitchener,
Ontario. For more information, visit http://www.canadian-solar.com .
"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 prices; 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 June 8, 2009.
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."
SOURCE Canadian Solar Inc.
Media Relations: Tanya Bragg of Canadian Solar Inc., +1-519-954- 2057, or tanya.bragg@canadian-solar.com; Or Investor Relations: Alex Taylor of Canadian Solar Inc., +1-519-954-2057, or ir@csisoalr.com