Canadian Solar Wins Randstad Award as One of Canada's Most Attractive Employers

GUELPH, Ontario, May 12, 2014 /PRNewswire-FirstCall/ -- Canadian Solar Inc., (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has won the Randstad Award as One of Canada's Most Attractive Employers, in a survey by Randstad Canada, the country's leading staffing, recruitment, and HR services company. Canadian Solar was selected as the fourth most attractive employer by more than 8,500 Canadians and ranked amongst the 150 largest companies in Canada.

In the Randstad survey, respondents ranked companies based on financial health, good training opportunities, long-term job security, opportunities for career advancement, strong management, interesting job content, a pleasant and stimulating working environment, competitive salaries and employee benefits, a good work-life balance, and progressive policies concerning the environment and society.

Marc-Etienne Julien, President of Randstad Canada, said, "Canadian Solar should be extremely proud to be recognized as the fourth most attractive employer in Canada this year. Winning the Randstad Award is an achievement which cements a company's position among Canada's very best employers. Canadian Solar ranked highly with Canadians when it came to a good work-life balance and concern for the environment and society."

Canadian Solar, founded in 2001 in Ontario, has successfully grown to be one of the world's largest solar power companies, with a fast growing, utility-scale solar project business and global solar module business. The Company has a staff of over 7,000 employees across the globe.

"This is a big honor for us as it validates our employee-first philosophy, which has been central to our growth and success since we founded the company in Canada 13 years ago. We take great pride in fostering a work environment that all employees can excel in by achieving their own professional goals, while knowing we are all at the same time making a positive contribution to the environment and to the communities we serve by expanding the use of sustainable, renewable solar energy," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.

About Canadian Solar

Founded in 2001 in Canada, Canadian Solar Inc. (NASDAQ: CSIQ) is one of the world's largest and foremost solar power companies. As a leading vertically integrated provider of solar modules, specialized solar products, and solar power plants with operations in North America, South America, Europe, Africa, the Middle East, Australia, and Asia, Canadian Solar has delivered more than 6 GW of premium quality solar modules to customers in over 70 countries. Canadian Solar is committed to improving the environment and dedicated to providing advanced solar energy products, solutions and services to enable sustainable development around the world. For more information, please visit www.canadiansolar.com.

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 from expectations. 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 high-purity 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 and the Province of Ontario; changes in customer order patterns; 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; delays in the utility-scale project approval process; delays in utility-scale project construction; shortage in supply of materials or capacity requirements; solar equipment failure; 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 filed on April 28, 2014. 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.



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