This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Canadian Solar Provides Solar Modules For Alpincenter Hamburg-Wittenburg

ONTARIO, Canada, Sept. 24, 2012 /PRNewswire/ --  Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, provided the solar modules for one of Europe's largest skiing halls. The PV rooftop installation on the alpincenter in Hamburg- Wittenburg, Germany, uses Canadian Solar modules with a total output of 3.6 MW. The winter sports center's operator reaps a double benefit: using the self-produced solar power significantly offsets energy costs while at the same time reducing the power needed to run the cooling system thank to the shadowing effect underneath the solar system.

The owner, the Dutch Van der Valk Group, was facing the challenge of significantly reducing the energy costs for operating the building, which features 30,000 m² of ski slopes. Installing the structure-mounted rooftop system allows to operate the facility during 365 days a year, using only the self-generated power. This makes the operators independent from the public grid and EEG subsidies. A side benefit of the PV system: the shadow it produces on the roof results in a 50 percent lower surface temperature. This drastically reduces the load on the cooling technology which keeps the indoor temperature at -1 degree Celsius throughout the year, translating into lower energy consumption. The project was planned and implemented by Hamburg-based project company Dr. Metje Consulting.

"For a rooftop system of this scale, efficiency and quality of the modules are paramount. Particularly for the alpincenter Hamburg- Wittenburg, which wanted to completely cover their energy demand by the self-produced power, performance losses are not tolerable," said Dr. Christian Metje of Dr. Metje Consulting.

"Projects like the alpincenter Hamburg- Wittenburg are the future of solar energy: PV systems that cover the facility's complete energy demand and that do not depend on public subsidies. It is a particular proof of photovoltaic efficiency that a winter sports center – which needs great amounts of energy - uses solar power. We are therefore extremely proud our modules are now deployed in Wittenburg," said Dr. Shawn Qu, Chairman and CEO of Canadian Solar.

About Canadian Solar

Canadian 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, Africa, 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.

Safe Harbor / Forward-Looking Statements

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,311.75 +45.76 0.26%
S&P 500 2,014.81 +3.45 0.17%
NASDAQ 4,599.5740 +6.1490 0.13%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs