KITCHENER, ON, July 16, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its residential energy storage system, EP Cube, designed by its subsidiary, Eternalplanet, has won the prestigious Red Dot Award 2025. This award recognizes EP Cube as one of the most well-designed residential energy storage products globally. Earlier this year, EP Cube also received several other international design awards, including the iF Design Award and MUSE Design Award Gold.

The Red Dot Design Award, established in 1955 in Germany, is one of the world's most prestigious design competitions, often referred to as the "Oscars of Industrial Design." In 2025, it received over 10,000 entries from more than 60 countries, with fewer than 1.5% earning the award — making it a globally recognized mark of design excellence.

EP Cube impressed the Red Dot jury with its modular design and ultra-slim profile. Key product features include the following:

• Modular stacking design: Breaks the limitations of fixed-capacity systems, allowing flexible expansion based on user needs.
• Ultra-slim profile: Minimizes installation space and time, adapting to a variety of home installation environments.
• Three-phase output capability: Offers a maximum AC output of 12 kVa and a capacity of up to 40 kWh, enabling scalable capacity options from 5 kWh to 40 kWh to support diverse household energy profiles.
• PV system compatibility: All EP Cube systems are compatible with existing and new PV systems, helping customers reduce dependence on the grid and advancing clean energy adoption.

Susanne Pflug, Chief Commercial Officer of Canadian Solar's Home Energy Storage Business Unit, said, "Winning the Red Dot award is not only an honor, but also a validation of our mission to drive the future of green energy with innovative technology. EP Cube transforms energy storage technology into a smart home partner, setting a new paradigm between technological innovation and lifestyle aesthetics."

Further information about EP Cube's recognition can be found on the Red Dot Award official website. 

About Canadian Solar Inc.

Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 157 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 11 GWh of battery energy storage solutions to global markets as of March 31, 2025, boasting a $3.2 billion contracted backlog as of March 31, 2025. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 27 GWp of solar and 76 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About Eternalplanet

Eternalplanet is a consumer-oriented independent brand of energy storage solution provider under Canadian Solar, with independent design, R&D, manufacturing and global service capabilities. In September 2022, Eternalplanet launched the first self-designed-and-developed residential energy storage system in the United States - EP Cube. EP Cube adopts industry-leading technologies to provide all-round power backup for every household, with higher safety performance and more flexible capacity expansion. More information on the company can be found at https://epcube.com.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT

Wina Huang
Investor Relations Canadian Solar Inc.
investor@canadiansolar.com 

ETERNALPLANET PUBLIC RELATIONS CONTACT

Eli Hu
Public Relations
eli.hu@eternal-planet.com

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SOURCE Canadian Solar Inc.