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Canadian Solar and San Francisco Giants Announce Partnership

September 8, 2010

SAN JOSE, Calif., Sept. 8 /PRNewswire-Asia-FirstCall/ — Canadian Solar
Inc. (the “Company”, “we” or “Canadian Solar”) (Nasdaq: CSIQ), one of the
world’s largest solar companies, announced today that it has become a sponsor
of Major League Baseball’s San Francisco Giants. As part of the partnership,
Canadian Solar and the Giants will launch the “Score with Canadian Solar”
sweepstakes. Baseball and solar fans can go online at http://www.sfgiants.com
to enter to win Giants tickets, authentic Major League baseballs autographed
by a current Giants player and free solar installation quotes.

“We are proud to be a sponsor of the San Francisco Giants, one of the
oldest and most respected franchises in Major League Baseball. This elite
organization, whose leading green business practices are in line with our own,
is not only our local baseball team but also our partner in furthering the
adoption of renewable energy and sustainability,” said Dr. Shawn Qu, Chairman
and CEO of Canadian Solar Inc. “In fact, AT&T Park is one of the greenest
ballparks in the country. The San Francisco Giants are a solid partner for us,
with some of the best fans and players in the country, and we look forward to
working toward our common goal of a successful and environmentally-conscious
season.”

The San Francisco Giants are leaders in green business practices, making
AT&T Park the first Major League ballpark to receive U.S Green Building
Council certification for Leadership in Energy and Environmental Design (LEED)
for Existing Buildings, Operations and Maintenance (EBO&M). The Giants have
also led endeavors in water and energy efficiency and recycling and compost
practices, including use of solar electricity, a stringent waste recycling
system and a smart water system.

“It was only natural for us to partner with a leader in the field of clean
solar energy,” said Jason Pearl, managing vice president of corporate
sponsorship and new business development for the San Francisco Giants. “As one
of the country’s most environmentally-friendly ballparks, we are excited to
further environmental awareness amongst our fans through our partnership with
Canadian Solar.”

Participants in the “Score with Canadian Solar” sweepstakes can enter to
win two tickets for the Giants’ 2011 season, and can also opt-in for a free
home or business solar quote. The first 100 people who request a solar quote
will receive an authentic Major League baseball autographed by a current San
Francisco Giants player.

About Canadian Solar Inc. (NASDAQ: CSIQ)

Canadian Solar Inc. is one of the world’s largest solar companies. As a
leading vertically integrated provider of ingot, wafer, solar cell, solar
module 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 and Asia,
Canadian Solar provides premium quality, cost-effective and
environmentally-friendly solar solutions to support global, sustainable
development. For more information, visit http://www.canadiansolar.com .

    U.S. offices: 12657 Alcosta Blvd, Suite 140, San Ramon, CA  94583
    Telephone: 1-925-866-2700
    Fax: 1-925-866-2704

About the San Francisco Giants and AT&T Park

The San Francisco Giants of the National League is one of the oldest
franchises in Major League Baseball. Boasting a 128-year history, the team
moved to San Francisco from New York in 1958 playing a total of 42 years in
Seals Stadium and Candlestick Park before moving into their current home at
AT&T Park in 2000.

Since opening its gates in 2000, AT&T Park has become
internationally-renowned as a premier venue in the world of both sports and
entertainment. AT&T Park was chosen as the 2008 Sports Facility of the Year
by Sports Business Journal and Sports Business Daily as part of the inaugural
Sports Business Awards program. On the diamond, more than 32 million
spectators have witnessed a trio of playoff appearances, the 2002 World Series
and a bevy of magical moments. Barry Bonds established his own historical
stage on the shores of McCovey Cove, from his record-setting 71st home run in
2001 to the all-time home run record (762 HRs) in 2007. Likewise, the euphoria
that surrounded the Giants’ pennant clinching win in 2002 is forever etched
upon the San Francisco sports landscape. The ballpark was the center of the
baseball universe when it hosted the 78th Major League Baseball All-Star Game
on July 10, 2007. In 2008, the Giants celebrated the team’s 50th year in San
Francisco
. AT&T Park has also played host to some of music’s biggest acts,
including the Rolling Stones, Paul McCartney, Bruce Springsteen and the
E-Street Band and Green Day.

Off the field, the Giants have one of the premier community outreach
programs in professional sports, becoming the first team to implement a 100
percent participation program, involving every player, coach and uniformed
staff member in at least one community project throughout the season. Through
its community outreach programs, the Giants work with corporate and non-profit
partners to raise awareness, educate and generate interest in a variety of
issues important to both their fans and community.

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 the previously disclosed
SEC and internal investigations as well as 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 from major markets such as Germany; changes in customer order patterns;
changes in product mix; 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; 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 August 19, 2010.
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.


Source: newswire



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