Intersolar North America ALERT: Canadian Solar to Unveil New Products

SAN FRANCISCO, July 12 /PRNewswire-Asia-FirstCall/ -- Canadian Solar Inc. (the "Company," "we" or "Canadian Solar") (Nasdaq: CSIQ), one of the world's largest solar module manufacturers, will be unveiling two new solar module products at Intersolar North America in San Francisco, California, at the Moscone Center between Tuesday, July 13 and Thursday, July 15. The innovative, new Canadian Solar modules will be on display in booth, #9711 on the third floor of Moscone West.

The Company will also be exhibiting its recently-developed NewEdge™ modules, which, when used with the Zep System, provide one of the solar industry's fastest and most cost-effective ways to install photovoltaic (PV) solar systems on residential roofs. Canadian Solar's Director of Strategic Accounts and Eastern Regional Sales, Alan King, will deliver a joint presentation about the NewEdge modules and the Zep System with Zep Solar CEO Jack West at Intersolar's Innovation Exchange.

Canadian Solar's Intersolar presentation details include:

Topic: Intersolar's track, "Crystalline Silicon I — High Efficiency & Low Cost" discusses new technological concepts and processes designed to increase cell efficiency while lowering production costs. As part of the session, Mr. King will present "Eco-Friendly Solar Grade e-Module Payback and Performance," which will provide listeners with an overview of UMG silicon's competitive production output, affordability and reduced energy footprint.

Who: Alan King

When: Tuesday, July 13, 4:20 p.m. PT

Location: Level Three, InterContinental Hotel

Topic: "Canadian Solar's NewEdge PV Modules Provide Best-of-Breed Output, Better Value for Money, Seamless Aesthetics, Auto-Grounding and Theft Resistance" will educate attendees about the modules and the Zep System, the solar industry's fastest and most cost-effective way to install photovoltaic (PV) solar systems on residential roofs.

Who: Alan King and Jack West, CEO, Zep Solar

When: Wednesday, July 14, 2:30 p.m. PT

Location: Level Three Lobby, Moscone West

Mr. King will educate attendees about Canadian Solar's industry-leading upgraded metallurgical-grade silicon (UMG-Si) e-Modules. Canadian Solar is the first company to commercialize a solar grade silicon module made of UMG-Si, which requires 85 percent less energy to produce and generates 90 percent less waste than semi-conductor grade silicon.  

Intersolar North America is one of the continent's premier solar tradeshows, promoting the development of business opportunities throughout the U.S. solar industry. More information is available at www.intersolar.us.

About Canadian Solar Inc. (Nasdaq: CSIQ)

Canadian Solar Inc. is one of the world's largest solar companies. As 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 system solutions for on-grid and off-grid use to customers worldwide. 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. For more information, 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. 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 available supplies 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 and Canada; risks associated with building our new Ontario facility; 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, as amended by its report on Form 20-F/A filed on October 14, 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.