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Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ) and SkyPower Global (“SkyPower”) today announced the close of their landmark purchase transaction, under which Canadian Solar has acquired a majority interest in 16 solar projects representing approximately 190-200MW DC from SkyPower. The companies also formally launched their new international 50:50 joint venture agreement, called CSI SkyPower.

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ) and SkyPower Limited (“SkyPower”) have entered into a landmark purchase and international joint venture agreement, which creates a powerful team comprising of one of the world’s largest solar companies and Canada’s largest owner and developer of solar projects to build and deploy solar energy solutions in Ontario, and to jointly develop solar projects internationally in select emerging markets.

SkyPower announced today that a leading international bank is increasing its support of solar power in Ontario. Deutsche Bank has agreed to provide SkyPower, the country's leading solar developer, with a $67 million revolving credit facility, to support the ongoing development of SkyPower's portfolio of utility-scale solar projects in Ontario. The credit facility demonstrates Deutsche Bank and SkyPower's beliefs that there will continue to be an expansion of solar and renewable power in Ontario.

SkyPower Limited, Canada’s leading solar energy company and its wholly owned subsidiaries, are pleased to announce its award of 13 new power purchase contracts under Ontario’s Feed-in-Tariff Program (FIT), totalling 148.3 MW of energy capacity.
The Ontario Power Authority (OPA) announced the successful awards for connections and contracts under the FIT program for new renewable generation capacity in Ontario.

Kitchener and Toronto ON, Canada - December 13, 2010
Canadian Solar Inc. and SkyPower Limited Announce 18.5MW Engineering, Procurement and Construction Agreement for Solar Projects in Canada Job Creating Solar Partnership to Optimize Turnkey Solutions for Utility-Scale Solar Parks

Canadian Solar Solutions Inc., a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), one of the world’s largest solar companies, and SkyPower Limited, one of Canada's largest owners and developers of solar energy projects, today announced they have signed an engineering, procurement and construction (EPC) agreement. As part of the agreement, Canadian Solar Solutions, through SkyPower’s power purchase agreements, will commission two solar parks with a nameplate capacity of 18.5 megawatts (MW) in Ontario. SkyPower recently closed financing on these projects with Deutsche Bank.

Thunder Bay, Ontario - December 13, 2010
SkyPower’s Sixth Utility-Scale Solar Park to Create Jobs in Thunder Bay, Ontario: 8.5 MW solar park at Thunder Bay Airport Site to commence construction in early 2011

SkyPower, one of Canada’s leading owners and developers of solar parks, announced today that its 8.5 MW project in Thunder Bay will begin  construction work on lands within the Thunder Bay International Airport property starting in early 2011. The solar park is expected to create almost 100 new direct clean energy jobs during peak construction and potentially many more indirect jobs for the local region of Thunder Bay. The project plans to reach commercial operation by summer 2011.

Toronto, ON and New York, NY - December 2, 2010
Landmark Solar Financing Agreement signed by SkyPower Limited and Deutsche Bank New Clean Energy Financing to support 18.5 MW of solar projects in Canada

Deutsche Bank and SkyPower Limited announced today that both companies have signed a landmark clean energy financing deal for two SkyPower solar parks with a total approximate nameplate capacity of 18.5 MW, located in Ontario.

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