Canadian Solar and Fire Energy Announce 60MW Contract
Ontario, Canada, January __, 2010 –Canadian Solar Inc. today announced that it has entered intoa sales contract with Fire Energy Group ,a leading integrated manufacturer of solar photovoltaic
products from the production of ingots, wafers and cells to the assembly of PV modules. Under
terms of the contract, shipments started in January, with Canadian Solar expected to supply 60MW of
PV modules to Fire Energy in 2010.
Fire Energy Group will utilize its global reach to promote the PV products, leveraging its presence in .
Spain, Germany, Italy, the U.S., the Czech Republic, Morocco and China. Fire Energy Group is an
integrated system supplier with products ranging from upstream to application products, to providing
projects management and distribution service.
Mr. John Liu, Chairman and CEO of Fire Energy Group commented, ”This cooperation is a critical
step as it secures high-quality, solar modules from Canadian Solar, one of the world’s most respected
and proven producers. We view this as a win-win cooperation, whereby we can growth together
with our trusted partner as our projects and customers are successful. Our shared philosophy is to
offer the best service, best quality control and a reasonable price.”
Shawn Qu, Chairman and CEO of Canadian Solar, said, “We are pleased to work with Fire Energy
Group, one of the largest PV system integrators in Europe. Canadian Solar’s global leadership,
scale, cost leverage and proven quality record put us in the enviable position of being able to pick the
best partners in each local market. In the case of Fire Energy, the contract calls for a meaningful
60MW purchase commitment, which we are confident it will deliver on based on its existing orders
and customer growth indications.”
About Canadian Solar Inc. (NASDAQ: CSIQ)
Canadian Solar Inc. is 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 systems for on-grid and off-grid use to customers worldwide. Canadian Solar is one of the
world's largest solar module producers by manufacturing capacity. 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 www.canadiansolar.com.
About Fire Energy Group
Fire Energy Group up to date has several subsidiaries world-wide and employs over 200 people
(Consolidated) headquarters is located in Madrid, Spain.
Fire Energy Group is the European headquarters for promoting and marketing of a wide range of
solar products including solar PV modules, inverters, controllers, battery bank, structures, solar
trackers and other solar energy equipment.
Being European an important PV system integrator and wholesaler, Fire Energy Group upgraded
from traditional wholesaler to global Business to Business PV on line trading platform in the
beginning of 2009.
Fire Energy Group is oriented to be PV integrator and wholesaler, which provides PV power plant
designing, developing and construction service.
www.solarF.com is aiming to be PV industry vertical BtoB trading platform, which provides
one stop solution for PV project and new energy project fundraising solution.
For more information, visit www.fire-energy.net & www.solarf.com
