Canadian Solar and San Francisco Giants Announce Partnership

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Leading Solar Provider and One of the Greenest Ballparks in the Country Host "Score with Canadian Solar" Sweepstakes for Giants Tickets, Autographed Baseballs and Free Solar Quotes

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Canadian Solar Inc.

Sep 08, 2010, 06:00 ET

SAN JOSE, Calif., Sept. 8 /PRNewswire-Asia-FirstCall/ -- Canadian Solar Inc. (the "Company", "we" or "Canadian Solar") (Nasdaq: CSIQ), one of the world's largest solar companies, announced today that it has become a sponsor of Major League Baseball's San Francisco Giants. As part of the partnership, Canadian Solar and the Giants will launch the "Score with Canadian Solar" sweepstakes. Baseball and solar fans can go online at http://www.sfgiants.com to enter to win Giants tickets, authentic Major League baseballs autographed by a current Giants player and free solar installation quotes.

"We are proud to be a sponsor of the San Francisco Giants, one of the oldest and most respected franchises in Major League Baseball. This elite organization, whose leading green business practices are in line with our own, is not only our local baseball team but also our partner in furthering the adoption of renewable energy and sustainability," said Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc. "In fact, AT&T Park is one of the greenest ballparks in the country. The San Francisco Giants are a solid partner for us, with some of the best fans and players in the country, and we look forward to working toward our common goal of a successful and environmentally-conscious season."

The San Francisco Giants are leaders in green business practices, making AT&T Park the first Major League ballpark to receive U.S Green Building Council certification for Leadership in Energy and Environmental Design (LEED) for Existing Buildings, Operations and Maintenance (EBO&M). The Giants have also led endeavors in water and energy efficiency and recycling and compost practices, including use of solar electricity, a stringent waste recycling system and a smart water system.

"It was only natural for us to partner with a leader in the field of clean solar energy," said Jason Pearl, managing vice president of corporate sponsorship and new business development for the San Francisco Giants. "As one of the country's most environmentally-friendly ballparks, we are excited to further environmental awareness amongst our fans through our partnership with Canadian Solar."

Participants in the "Score with Canadian Solar" sweepstakes can enter to win two tickets for the Giants' 2011 season, and can also opt-in for a free home or business solar quote. The first 100 people who request a solar quote will receive an authentic Major League baseball autographed by a current San Francisco Giants player.

About Canadian Solar Inc. (NASDAQ: CSIQ)

Canadian Solar Inc. 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 and Asia, Canadian Solar provides premium quality, cost-effective and environmentally-friendly solar solutions to support global, sustainable development. For more information, visit http://www.canadiansolar.com .

    U.S. offices: 12657 Alcosta Blvd, Suite 140, San Ramon, CA  94583
    Telephone: 1-925-866-2700
    Fax: 1-925-866-2704

About the San Francisco Giants and AT&T Park

The San Francisco Giants of the National League is one of the oldest franchises in Major League Baseball. Boasting a 128-year history, the team moved to San Francisco from New York in 1958 playing a total of 42 years in Seals Stadium and Candlestick Park before moving into their current home at AT&T Park in 2000.

Since opening its gates in 2000, AT&T Park has become internationally-renowned as a premier venue in the world of both sports and entertainment. AT&T Park was chosen as the 2008 Sports Facility of the Year by Sports Business Journal and Sports Business Daily as part of the inaugural Sports Business Awards program. On the diamond, more than 32 million spectators have witnessed a trio of playoff appearances, the 2002 World Series and a bevy of magical moments. Barry Bonds established his own historical stage on the shores of McCovey Cove, from his record-setting 71st home run in 2001 to the all-time home run record (762 HRs) in 2007. Likewise, the euphoria that surrounded the Giants' pennant clinching win in 2002 is forever etched upon the San Francisco sports landscape. The ballpark was the center of the baseball universe when it hosted the 78th Major League Baseball All-Star Game on July 10, 2007. In 2008, the Giants celebrated the team's 50th year in San Francisco. AT&T Park has also played host to some of music's biggest acts, including the Rolling Stones, Paul McCartney, Bruce Springsteen and the E-Street Band and Green Day.

Off the field, the Giants have one of the premier community outreach programs in professional sports, becoming the first team to implement a 100 percent participation program, involving every player, coach and uniformed staff member in at least one community project throughout the season. Through its community outreach programs, the Giants work with corporate and non-profit partners to raise awareness, educate and generate interest in a variety of issues important to both their fans and community.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release 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 the risks regarding the previously disclosed SEC and internal investigations as well as general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies 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; 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 prices; 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 filed on August 19, 2010. 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 Canadian Solar undertakes no duty to update such information, except as required under applicable law.

SOURCE Canadian Solar Inc.