Canadian Solar Supplies Photovoltaic Modules for 42.9 MW Solar Energy Plant in Japan

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it served as the supplier of photovoltaic (PV) modules for the 42.9 MW Takataya Hibiki PV plant in Kitakyushu, Japan. In total, Canadian Solar provided 168,240 Canadian Solar CS6P-255P solar panels.

The Takataya Hibiki solar power plant, located in the Fukuoka prefecture, is expected to reach commercial operation in August of 2015. While the independent power producer is Takataya Co. Ltd, JGC Corporation provided turnkey engineering, procurement, and construction services. Takataya Hibiki is expected to generate 49 million kWh annually, which is equivalent to powering 13,600 homes. Furthermore, the system will displace approximately 32,340 metric tons of carbon dioxide every year.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar commented, “Canadian Solar is proud to have been selected as the module supplier for this solar plant in Japan. We believe strongly in the plant’s economic and environmental benefits, especially in reducing the carbon footprint in the country.”

Founded in 2001 in Canada, Canadian Solar is one of the world’s largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully deployed over 10 GW of premium quality modules in over 70 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the world, having been publically listed on NASDAQ since 2006.