Canadian Solar Modules to Power 44 MW North Carolina Solar Farms

Over the next twenty years, the projects are anticipated to generate more than 1.1 Mio. kWh of clean, renewable, solar energy. This is equivalent to taking the CO2 emission of more than 94,000 automobiles off the road or powering more than 130,000 homes.

Additionally, Canadian Solar modules are covered by a 10-year warranty on materials and workmanship, along with a 25 year linear power output performance guarantee – backed by a third-party insurance policy that is underwritten by investment grade insurance companies.

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 general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of solar grade silicon; demand for solar products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand in our project markets, includingCanada, the U.S.,JapanandChina; changes in customer order patterns; 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; utility-scale project approval process; delays in utility-scale project construction; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; trade protectionism inEurope, the U.S. andIndia; litigation and other risks as described in the Company’sSECfilings, including its annual report on Form 20-F filed onApril 28, 2014. Although the Company believes that the expectations reflected in its forward looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors 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, andCanadian Solarundertakes no duty to update such information, except as required under applicable law.

SOURCE Canadian Solar Inc.