Canadian Solar Appoints Guangchun Zhang as Chief Operating Officer

      Canadian Solar Appoints Guangchun Zhang as Chief Operating Officer

PR Newswire

GUELPH, Ontario, Canada, Dec. 13, 2012

GUELPH, Ontario, Canada, Dec. 13, 2012  /PRNewswire-FirstCall/ -- Canadian
Solar Inc.  (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the
world's largest solar power companies, today announced the appointment of Mr.
Guangchun Zhang as Chief Operating Officer. Reporting directly to Canadian
Solar Chairman and Chief Executive Officer, Dr. Shawn Qu, Mr. Zhang will
oversee all aspects of the Company's production operations, including
manufacturing, quality control, research and development, as well as
environmental and safety management.

Dr. Shawn Qu, Chairman and Chief Executive Officer remarked: "We are delighted
to be able to appoint a Chief Operating Officer with the depth of relevant
solar industry experience that Guangchun brings to Canadian Solar, as we
continue to build and consolidate our position as one of the world's top-three
largest solar power companies. Guangchun's experience and proven success makes
him a perfect fit for Canadian Solar as we position our business for the next
phase of growth."

Mr. Guangchun Zhang commented: "Canadian Solar is well positioned to continue
to gain market share as a supplier of modules and solar energy solutions, with
a competitive cost structure, leading technology, and a differentiated
business model. I am very pleased to join the Company at this exciting moment
and look forward to working with Shawn and the entire Canadian Solar team to
continue to extend our leadership position."

Mr. Zhang has over 18 years of experience in the photovoltaic industry. Before
joining Canadian Solar, Mr. Zhang worked for Suntech Power Holdings Co., Ltd,
most recently as Vice President for R&D and Industrialization of Manufacturing
Technology. Prior to joining Suntech, Mr. Zhang had previously worked at the
Centre for Photovoltaic Engineering at the University of New South Wales in
Australia and Pacific Solar Pty. Limited. Mr. Zhang received his bachelor
degree in 1982 from the School of Electronic Engineering at Shandong
Industrial Institute.

About Canadian Solar

Canadian Solar Inc. is one of the world's largest solar companies. As a
leading vertically integrated provider of ingots, wafers, solar cells, solar
modules 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,
Australia, Africa 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 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 end-use 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; 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; utility-scale project approval process; delays
in utility-scale project construction; 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 filed on April 27, 2012. 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.

Website: http://www.canadiansolar.com
Contact: Investor Relations Contacts: Ed Job, CFA, Director, Investor
Relations, Canadian Solar Inc., ir@canadiansolar.com, David Pasquale, Global
IR Partners, +1-914-337-8801, csiq@globalirpartners.com
 
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