Canadian Solar Becomes Member of PV Cycle

TORONTO--(Marketwire - July 21, 2009) - Canadian Solar Inc. ("the Company", "Canadian Solar" or "we") (NASDAQ: CSIQ) today announced that it has become a member of PV CYCLE, an organization based in Brussels, Belgium that promotes voluntary take-back and recycling of end-of-life PV modules, including seeking to define collection and recycling targets for the PV industry.

Dr. Shawn Qu, the Chairman and CEO of Canadian Solar remarked, "Canadian Solar has taken the ideals of sustainability to heart, applying them to our own business practices. Our equipment and services deliver solar power at the best possible environmental, economic and social outcomes for our customers. We continue to proactively take responsibility for developing effective recycling programs. To us PV CYCLE is the ideal platform to concurrently develop trendsetting industry standards by working with other like-minded global companies. We look forward to contributing our services, time and ideas to PV CYCLE and the broader renewables industry."

Jan Clyncke, Managing Director of PV CYCLE, said, "We are honored that Canadian Solar has joined our organization, which now covers around 85% of the European photovoltaic market with its 37 member companies spread around the globe. The company has been an industry pioneer and one of the first to establish strong traction, reaching from China across Europe and worldwide. Canadian Solar shares our commitment to producer responsibility and environmentally friendly policies, as we strive to develop a profitable and sustainable PV solar industry. Doing so will make the photovoltaic industry truly Double Green."