Canadian Solar and Strata Solar Finalize 18 MW Across 3 Projects in North Carolina

  Canadian Solar and Strata Solar Finalize 18 MW Across 3 Projects in North

PR Newswire

SAN RAMON, Calif., July 9, 2013

SAN RAMON, Calif., July 9, 2013 /PRNewswire-FirstCall/ -- Canadian Solar,
Inc., (the "Company," or "Canadian Solar") (NASDAQ: CSIQ), one of the world's
largest and foremost solar power companies, today announced that it has
completed construction on two utility-scale solar power projects in North
Carolina, with a third expected to be completed in mid -July. The projects,
named "Lenoir 1, Lenoir 2 and Wilson 1," total 18 MW and are part of a
15-project portfolio totaling 85MW, being jointly developed with Strata Solar
announced earlier this year.

In total, the latest three solar power projects use approximately 40,608
Canadian Solar CS6P-P 245 and 19,896 CS6P-P 250 Watt solar modules. Once
connected to the grid, they are together expected to create enough renewable
energy to power 2,500 homes and will divert 13,250 metric tons of CO[2] per
year, the equivalent of removing 3,944 cars from the road. The first Canadian
Solar and Strata Solar joint solar power plant commissioned was Fuquay Farm, a
6.4MW DC project located in Middle Creek, Willow Springs in Wake County, North
Carolina. The project broke ground in November 2012 and was connected to the
grid March 2013.

"Strata Solar has proven to be a reliable, trusted partner, committed to
bringing clean, renewable energy to North Carolina," said Dr.Shawn Qu,
Chairman and Chief Executive Officer of Canadian Solar."We are pleased with
the speed at which our first four projects have come online and look forward
to working closely with Strata Solar on the rest of our portfolio of projects
in North Carolina."

"The Lenoir farms and the first of two Wilson projects complete the next
chapter in our journey through the Strata and Canadian Solar portfolio," said
Markus Wilhelm, Chief Executive Officer of Strata Solar. "We are thrilled to
be partnered with Canadian Solar to further bolster our long term employment
record in the state while fostering environmental responsibility and bringing
even more clean energy to North Carolina."

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
5.0 GW of premium quality solar modules to customers in over 70 countries.
Canadian Solar is committed to improve the environment and dedicated to
provide advanced solar energy products, solutions and services to enable
sustainable development around the world. For more information, please visit

About Strata Solar

Strata Solar LLC is a leading provider of complete solar energy systems and
installations. In addition to turnkey services for the complete design,
construction and installation of utility and commercial photovoltaic and solar
thermal systems, Strata Solar provides a full array of engineering,
procurement and construction, and O&M services, separately, as needed, to
solar developers and companies. Headquartered in its LEED Silver certified
office and showroom in Chapel Hill and expansive warehouse nearby, Strata
Solar also has operations in California. Visit for more

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'sSECfilings,
including its annual report on Form 20-F filed onApril 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, andCanadian
Solarundertakes no duty to update such information, except as required under
applicable law.

SOURCE Canadian Solar Inc.

Contact: Canadian Solar Inc. Contacts - Investors: Ed Job, CFA, Director,
Investor Relations, Canadian Solar Inc.,; David Pasquale,
Global IR Partners, Tel: +1-914-337-8801,; Media:
Canadian Solar, Songul Atacan,; Strata Solar,
Blair Schooff,
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