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2025'01.24.Fri
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2007'10.12.Fri
Canadian Solar and Ra Solar Espana Complete a 2.8MW Solar Farm Project in Spain
October 09, 2007



    JIANGSU, China, Oct. 9 /Xinhua-PRNewswire/ -- Canadian
Solar Inc. ("the Company," "CSI," or
"we") (Nasdaq: CSIQ) and Ra Solar Espana today
held the official opening of a 2.8MW solar farm project in
Albacore, Spain.  The ceremony was attended by dignitaries
including the Dutch ambassador and the Director of Industry
of Castilla la Mancha.

    The solar park, one of the largest photovoltaic plants
in Spain, is expected to supply enough energy for 1,500
families.

    CSI is the sole supplier of the solar modules in this
project, which consists of almost 18,000 CS5A solar panels,
mounted on a fixed structure and connected to 100 kW
inverters.  Ra Solar Espana is the main party behind the
development of this 2.8 MW plant in the areas of project
management, material procurement, project promotion and
financing arrangement.

    Linda Goossens, General Manager for Ra Solar Espana
commented: "CSI has been a reliable partner,
especially with regards to delivery times and after sales
services, which are crucial elements in projects of this
size.  At the same time, we are very pleased with the high
quality of CSI modules.  We have already placed further
orders for CSI's solar modules for our future projects and
look forward to working closely with CSI in future."

    Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc.
commented: "We are very pleased to be able to work
together with Ra Solar on this important project.  RA Solar
is one of the leading, most reputable developers of
large-scale solar farm projects in Spain and we are pleased
to have been chosen as its partner.  CSI has a strong
reputation globally for being able to complete deliveries
and installations for projects of large scale on time.  The
consistency and high performance of our modules have also
differentiated CSI from our competitors in Spain.  Spain is
one of the fastest growing solar markets in the world for
large-scale ground-mounted solar farms.  We expect these
large scale solar projects will continue to be a strong
growth area for our business."

    About Canadian Solar Inc. 

    Founded in 2001, Canadian Solar Inc. (CSI) is a
vertically integrated manufacturer of solar cell, solar
module and custom-designed solar application products
serving worldwide customers.  CSI is incorporated in Canada
and conducts all of its manufacturing operations in China. 
Backed by years of experience and knowledge in the solar
power market and the silicon industry, CSI has become a
major global provider of solar power products for a wide
range of applications.  For more information, please visit
http://www.csisolar.com .

    About Ra Solar Espana

    Ra Solar Espana, based in Madrid, and with partners in
the Netherlands, is a complete system supplier.  It started
more than a year ago with the project management of solar
farms.  It currently has the project management and supply
of materials of 6 other parks of over 1, 5 MW each, which
all will be finished under the existing RD.  For more
information, please visit: http://www.ra-solar.com .

    Safe Harbor/Forward-Looking Statements

    Certain statements in this press release including
statements regarding expected future financial and industry
growth 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 general business and
economic conditions and the state of the solar industry;
governmental support for the deployment of solar power;
future shortage or availability of the supply of
high-purity silicon; demand for end-use products by
consumers and inventory levels of such products in the
supply chain; changes in demand from significant customers,
including customers of our silicon materials sales; changes
in demand from major markets such as Germany; changes in
customer order patterns; changes in product mix; capacity
utilization; level of competition; pricing pressure and
declines in average selling price; delays in new product
introduction; continued success in technological
innovations and delivery of products with the features
customers demand; shortage in supply of materials or
capacity requirements; availability of financing; exchange
rate fluctuations; litigation and other risks as described
in the Company's SEC filings, including its annual report
on Form 20-F originally filed on May 29, 2007 and its
registration statement on Form F-1 originally filed on
October 23, 2006, as amended.  Although the Company
believes that the expectations reflected in the forward
looking statements are reasonable, it cannot guarantee
future results, level of activity, performance, or
achievements. You 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, and CSI undertakes no duty to update such
information, except as required under applicable law.



    For more information, please contact:

    For Canadian Solar Inc.:

    In Jiangsu, P.R. China
     Bing Zhu, Chief Financial Officer 
     Canadian Solar Inc.
     Tel:   +86-512-6269-6755
     Email: ir@csisolar.com

    In the U.S.
     David Pasquale
     The Ruth Group
     Tel:   +1-646-536-7006
     Email: dpasquale@theruthgroup.com

    For Ra Solar Espana:

     Tel:   +34-91-383-5827   
     Email: spain@ra-solar.com

PR
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