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Canadian Solar Signs 9MW Sales Agreement with Conergy USA

Jiangsu and Jiangxi, China, July 15, 2008
Source: Canadion Solar Inc, press release
http://phx.corporate-ir.net/phoenix.zhtml?c=196781
&p=irol-newsArticle&ID=1174922&highlight=

Canadian Solar Inc.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 http://www.conergy.us .