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Canadian Solar, Inc. (CSIQ) And Lightsource Renewable Energy Ltd. Complete Four Solar Projects In England

|Includes: Canadian Solar Inc. (CSIQ)

Yesterday, one of the world's largest solar companies, Canadian Solar, announced that it has been working with Lightsource Renewable Energy, a leading solar developer, in the completion of four solar power plants throughout England. The new ground-mounted PV plants have a combined capacity of 6.4 MW. They are now located in Cornwall (Bodmin), Lincolnshire (Spalding), and Somerset (Taunton).

Nicholas Boyle, CEO of Lightsource, remarked, "With its ease of installation and speed of deployment, solar energy continues to offer benefits to all involved and the Spalding installations, which were built on a Butterfly and Wildlife Park, are a great example of how large scale solar farms can be integrated into the countryside successfully. As our pipeline continues to develop, we see the UK having great potential for further solar power generation. Clean, renewable and reliable solar power will be vital in contributing to the UK's commitment to reducing carbon emissions."

Canadian Solar was selected to work on the projects on the basis of its competitive price-to-performance ratio and high performing, quality products. The company was given a time scale of 9-12 weeks to complete the projects.

"We share our partner's commitment to the expansion of solar power. Throughout the project we were confident that we could meet the ambitious installation schedule given our extensive track record in other similar installations and the confidence we had in working with Lightsource, a high calibre partner on these projects," said Dr Shawn Qu, Chairman and CEO of Canadian Solar. "We look forward to continuing to promote the expansion of solar power in the UK."

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