Canadian Solar And Real Goods Solar Announce Supply Agreement

SAN RAMON, Calif., June 25, 2012 /PRNewswire-Asia/ --  Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ),one of the world's largest solar companies, and Real Goods Solar, one of the largest residential installers in the country, today announced a supply agreement.  Under the agreement, Canadian Solar will supply up to 40 MW of high-performance solar modules to Real Goods Solar to power a range of commercial and residential installations in the United States.

"Canadian Solar is proud to partner with Real Goods, a leader in bringing solar to the residential market, with a reputation for high quality customer service and customer satisfaction," said, Alan King, general manager of Canadian Solar USA. "We commend Real Goods for its market innovations, which are helping drive demand by making solar affordable through attractive financing options and ease of ownership across the United States.

"We are excited to team up with Canadian Solar, and have been impressed with the quality, performance and reliability of the Company's panels and its commitment to excellence," said Bill Yearsley, CEO of Real Goods Solar. "Combine that with Canadian Solar's expansive warranty, and we believe our customers will benefit from a compelling and reliable full service solar solution."

Canadian Solar's modules have been awarded key international certifications attesting to the rigors of their formal inspections and testing.  The company is ranked among the top of the California Energy Commission's Solar Electric Incentive Program for their high PTC efficiency ratings.  Canadian Solar is focused on delivering the best value in solar with their recognized high-performance solar modules and backstop warranty.

About Canadian SolarCanadian Solar Inc. (NASDAQ: CSIQ) 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, Australia and Asia, Canadian Solar provides premium quality, cost-effective and environmentally-friendly solar solutions to support global, sustainable development. For more information, please visit www.canadiansolar.com.

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