BREAKING NEWS

Canadian Solar Signs Agreement With Axium Infinity Solar To Provide Operations And Maintenance Services

 Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has recently signed an Operation & Maintenance agreement with Axium Infinity Solar LP for eight solar PV plants totaling 105.5 MWp.
The eight PV plants, located in Ontario, Canada are Brockville I, Brockville II, Burrits Rapids, Mississippi Mills, William Rutley, and New Liskeard I, III, and IV. Canadian Solar will be responsible for plant monitoring, performance management, preventative maintenance, and corrective maintenance at all eight facilities. Canadian Solar's Operation and Maintenance portfolio in Ontario is now 497 MWp with over 1 GWp in operation or contracted worldwide.

"We selected Canadian Solar to operate and maintain our solar facilities because of their exemplary track record with PV monitoring, maintenance, reporting, and management throughout Ontario," said Juan Caceres, Senior VP at Axium Infrastructure. 

"As one of the leading providers of solar products and solutions worldwide for 16 years with extensive experience operating and maintaining our own solar facilities, offering Operations and Maintenance services to customers was a natural extension of our value proposition," said Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar. "We are thrilled to take on responsibility for operations and maintenance for eight of Axium Infinity Solar's PV facilities in Ontario. We look forward to working with them to maximize the energy production, revenues, and profitability from these solar properties."

About Canadian Solar Inc.
Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects in various stages of development. In the past 16 years, Canadian Solar has successfully delivered over 24 GW of premium quality modules to over 100 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publically listed on NASDAQ since 2006. 

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