About Canadian Solar Inc. (CSI)

Canadian Solar Inc. (CSI) is a vertically-integrated manufacturer of photovoltaic cells, modules and custom-designed solar power applications. CSI delivers solar power products of uncompromising quality to customers worldwide. CSI’s world class team of professionals works closely with our customers to provide them with solutions for all their solar needs.

Canadian Solar Inc. was founded in Canada in 2001 and was successfully listed on NASDAQ (symbol: CSIQ) in November 2006. CSI has since successfully established six wholly-owned manufacturing subsidiaries in China, manufacturing ingot /wafer (planned production in mid 2008), solar cells and solar modules. With revenues of $302.8 million dollars in 2007, a 344% growth in revenue over 2006, and projected revenues exceeding $650 million in 2008, CSI is one of the fastest growing companies in the solar industry.

CSI will strive to develop and deliver the most reliable, efficient and cost-effective solar power solutions to people in every corner of the world.

Products and Operations

CSI´s crystalline -based photovoltaic modules range from 3 W to 240 W in varying sizes. In addition to the standard PV panels and customized solar application products under CSI brand, we also provide OEM solar products for some of the leading solar companies in Europe. (More information on CSI Products)

The strength of CSI´s supply chain strategy and execution has allowed CSI to meet the growing demands of the industry. Module output capacity by the end of 2008 will be 400 MW. Vertically-integrated operations extend from silicon feedstock sourcing and reclamation, ingot and wafer production (expected by mid-2008) to cell and module production. CSI´s partnership with some of the leading solar project management firms has enabled us to stay connected to the needs of our customers.

Flexible Integration Business

Canadian Solar Inc. has adopted a flexible vertical integration business model. While we are developing our own value chain operation from ingot–wafer-cell-module, we continue to secure part of our material through long-term supply contracts with well established partners around the globe. We believe this strategy will allow us the flexibility to respond to spikes in the short-run demand and enable us to work towards a lower manufacturing cost base in the long-term.