Canadian Solar Sells Liskeard 1 Solar Power Facility

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Canadian Solar Inc,today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has closed the sale of the Liskeard 1 solar power facility, totaling 10 MW AC to TransCanada Corporation. The Liskeard 1 project, located in New Liskeard, Ontario, uses Canadian Solar’s MaxPower CS6X-P modules and is valued at approximately C$60 million ($52 million).

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented,

We are happy to complete the sale of another solar power plant to TransCanada, one of North America’s most successful energy infrastructure companies. This transaction is a testament to Canadian Solar’s expertise in developing, constructing, and energising utility-scale solar power plants, and it demonstrates our leadership position in solar project development on a global scale.

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About Canadian Solar Inc.

Founded in 2001 in Ontario, Canada, Canadian Solar is one of the world’s largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions, Canadian Solar has an industry leading and geographically diversified pipeline of utility-scale solar power projects as well as a track record of successful solar deployment boasting over 8 GW of premium quality modules installed in over 70 countries during the past decade. Canadian Solar is committed to providing high-quality solar products and solar energy solutions to customers around the world.

For more information about our company, products and projects please visit www.canadiansolar.com.

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