Canadian Solar Appoints Guangchun Zhang As Chief Operating Officer

GUELPH, Ontario, Canada, Dec. 13, 2012 /PRNewswire-FirstCall/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced the appointment of Mr. Guangchun Zhang as Chief Operating Officer.  Reporting directly to Canadian Solar Chairman and Chief Executive Officer, Dr. Shawn Qu, Mr. Zhang will oversee all aspects of the Company's production operations, including manufacturing, quality control, research and development, as well as environmental and safety management.

Dr. Shawn Qu, Chairman and Chief Executive Officer remarked: "We are delighted to be able to appoint a Chief Operating Officer with the depth of relevant solar industry experience that Guangchun brings to Canadian Solar, as we continue to build and consolidate our position as one of the world's top-three largest solar power companies. Guangchun's experience and proven success makes him a perfect fit for Canadian Solar as we position our business for the next phase of growth."

Mr. Guangchun Zhang commented: "Canadian Solar is well positioned to continue to gain market share as a supplier of modules and solar energy solutions, with a competitive cost structure, leading technology, and a differentiated business model. I am very pleased to join the Company at this exciting moment and look forward to working with Shawn and the entire Canadian Solar team to continue to extend our leadership position."

Mr. Zhang has over 18 years of experience in the photovoltaic industry. Before joining Canadian Solar, Mr. Zhang worked for Suntech Power Holdings Co., Ltd, most recently as Vice President for R&D and Industrialization of Manufacturing Technology. Prior to joining Suntech, Mr. Zhang had previously worked at the Centre for Photovoltaic Engineering at the University of New South Wales in Australia and Pacific Solar Pty. Limited. Mr. Zhang received his bachelor degree in 1982 from the School of Electronic Engineering at Shandong Industrial Institute.

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