Canadian Solar Wins Contract to Supply BIPV Solar Glass Roof System to China's Luoyang Polysilicon Company

JIANGSU, CHINA -- (MARKET WIRE) -- March 20, 2007 -- Canadian Solar Inc. ("the Company," "CSI," or "we") (NASDAQ: CSIQ) today announced that it won a contract to supply a building integrated photovoltaic (BIPV) solar glass roof system to China's Luoyang Polysilicon Company.

The three-story building, located in Luoyang of Henan Province, will house the Research Department of Luoyang Polysilicon and the China National Silicon Materials Engineering Research Center. The solar glass roof will be divided into three sections and covers a total of 293.3 square meters of roof space. CSI will be the sole supplier of the solar glass roof technology and the special BIPV modules. The project is expected to be completed this summer.

The system will be one of a few functional commercial solar glass roof systems in China and the first one in Henan Province. The project is financially sponsored by the Technology Development Fund of Luoyang Municipality Government.

Mr. Guohong He, Deputy General Manager of China Luoyang Polysilicon commented: "The BIPV project for our new R&D Center demonstrates our dedication to renewable energy and efficient building technologies. It also demonstrates a breakthrough in ENFI Group's capability to integrate solar technology into architecture design. We chose CSI as our partner because it is a worldwide leader in specialty solar module products. Moreover, CSI is also a valued long-term customer of Luoyang Polysilicon. We look forward to opportunities to collaborate with CSI in many other areas of solar industry and applications."

Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc. commented: "BIPV combines solar technology with architecture, which is one of the faster growing areas of solar applications. CSI adds value through its many years of superior experience in high-margin specialty solar modules and customized solar system design. I am pleased that the ENFI Group selected CSI as we expect this to be the first of many potential high-profile, showcase projects which the two companies will pursue together."

600450 Canadian Solar Wins Contract to Supply BIPV Solar Glass Roof System to China's Luoyang Polysilicon Company glassonweb.com
Date: 6 April 2007
Source: Marketwire.com

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