Canadian Solar Launches Next Generation ResidentialAC System

         Canadian Solar Launches Next Generation ResidentialAC System

PR Newswire

TORONTO and GUELPH, Ontario, Jan. 22, 2013

TORONTO and GUELPH, Ontario, Jan. 22, 2013 /PRNewswire-FirstCall/ -- Canadian
Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the
world's largest solar power companies, today announced the launch of its next
generation ResidentialAC system.

Until now, PV system installers had to make use of first generation micro
inverter technology. Canadian Solar's ResidentialAC system combines the
Company's highly efficient 250W PV module with a state of the art next
generation Micro Inverter to provide solar system installers, investors and
homeowners with a breakthrough solution that delivers high quality and
cost-effective performance. Canadian Solar's ResidentialAC system was
designed from the ground up and is anticipated to address ALL of the critical
limitations of current, first generation AC micro inverters in the market.

Canadian Solar's ResidentialAC system breakthroughs include:

a) 25-year long Micro-Inverter reliability to match Canadian Solar's
module warranty by eliminating the key life limiting components in the current
first generation of AC micro inverters

b) Power generation in high temperature environments above 65^oC

c) Compatibility and ability to work with higher power class modules up
to 300Wp, up from current 215Wp limitation

d) Reliable and consistent data communication

The end result is a new generation ResidentialAC system that meets the needs
and challenges of today's residential PV systems and confidently meets the
standard 25-year system performance warranty requirement. Installers,
homeowners and investors will benefit from fewer repairs, safety advantages of
not working on high voltage DC electricity, and faster installations with
lower labor and material costs. Homeowners and investors will also benefit
from faster ROI due to the ability to use higher power class modules in
addition to more flexible roof layouts that can accommodate portrait and
landscape module orientations that optimize roof space usage.

"We are excited to launch a solution that provides our customers with the
smartest residential AC module solution in the market and reinforces our
leadership as a cutting-edge innovator in the solar industry. This new
architecture represents a breakthrough from existing AC solutions and a
significant improvement from all first generation products, offering our
customers measurable value." commented Dr. Shawn Qu, Chairman and Chief
Executive Officer of Canadian Solar.

Canadian Solar's ResidentialAC system also includes monitoring software,
allowing customers module-level tracking of solar panel performance to
optimize the system's solar energy production.

Shawn (Xiaohua) Qu [download bio]
Chairman, President & Chief Executive Officer (CEO

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

Safe Harbor Statement

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 the previously disclosed SEC
investigation regarding the Company; general business and economic conditions;
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 the Canadian markets; changes in customer order patterns; capacity
utilization; pricing pressure and declines in average selling prices; delays
in utility-scale project approval processes; 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.

Contact: Investor Relations Contacts: Ed Job, CFA , Director, Investor
Relations, Canadian Solar Inc.,; David Pasquale, Global
IR Partners, +1-914-337-8801,; Media Contact: Songul
Atacan, Director of Marketing, Americas, Canadian Solar Inc.,, +1-925-913-4806
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