Canadian Solar to Supply 60 MWp of PV Modules for Southgate Solar Project

GUELPH, Ontario — Canadian Solar’s wholly owned subsidiary, Canadian Solar Solutions Inc., has secured contracts to supply 50 MW AC (60 MW DC) of MaxPower CS6X Ontario-made solar panels and 30 medium voltage power stations for the Southgate Solar facility. This utility-scale solar project, developed by Samsung Renewable Energy Inc. (“Samsung”) and Connor, Clark & Lunn Infrastructure (“CC&L Infrastructure”), will be built in the Township of Southgate, County of Grey, Ontario.

The power plant is expected to produce approximately 86,500 MWh of electricity per year, sufficient to power approximately 7,600 Canadian homes. It will also contribute to a greener environment by displacing approximately 70,000 metric tons of carbon dioxide emissions annually over the 20-year period of the power purchase agreement with the IESO.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, “We are pleased to announce the addition of the Southgate Solar Project to Canadian Solar’s Ontario project portfolio. By combining our advancements in solar innovation with Samsung and CC&L Infrastructure, this facility highlights the power and potential of clean energy in Canada.”

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 the past 14 years, Canadian Solar has successfully deployed over 12 GW of premium quality modules in over 70 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. For additional information about the company, follow Canadian Solar on Facebook, Twitter, LinkedIn, or on the website.

About Samsung Renewable Energy Inc.

Samsung Renewable Energy (Samsung) is creating clean, renewable energy for generations to come. Together with our partners, Samsung is making a $5 billion investment in Ontario to create the world’s largest cluster of wind and solar power. Our investments will create 900 direct renewable energy manufacturing jobs and 9,000 high-skilled jobs in Ontario. Built on Samsung C&T’s commercial and technical expertise and the success of its renewable energy projects in several countries – including the United States and Europe – Samsung is creating real jobs, through real investment, benefitting real people.

About Connor, Clark & Lunn Infrastructure

Connor, Clark & Lunn Infrastructure invests in middle-market infrastructure and infrastructure-like assets with highly attractive risk-return characteristics, long lives and the potential to generate stable cash flow. Connor, Clark & Lunn Infrastructure is a part of Connor, Clark & Lunn Financial Group Ltd., a multi-boutique asset management firm whose affiliates collectively manage over $63 billion in assets.


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