Canadian Solar Appoints New Directors and CFO

Canadian Solar Inc. (Nasdaq: CSIQ), a Canadian based solar products company with manufacturing operations in China, announced that it has increased the size of its board of directors from five to six and that Michael G. Potter and Yan Zhuang have been appointed directors of the Company. Coincident with their appointment, Arthur Chien has resigned as a director and been appointed to the newly created position of Vice President, Finance of the Company. Dr. Shawn Qu, Chairman and Chief Executive Officer of CSI, announced the appointments. Mr. Potter, 41 years old, has worked in finance, controlling and audit positions with a variety of multinational companies for over 20 years. He is currently Senior Vice President and Chief Financial Officer of NeoPhotonics Corporation, a leading provider of photonic integrated circuit-based modules, components and subsystems for use in optical communications networks with extensive operations in Shenzhen, China. Mr. Zhuang, 44 years old, has worked in corporate branding, sales and marketing positions with, or provided consulting services to, a variety of multinational companies for over 15 years. He is currently Senior Vice President Business Operations and Marketing, Asia Region, of Hands-on Mobile Ltd., a global media and entertainment company with Asian operations in China, Korea and India. Mr. Chien, 46 years old, became a director of CSI in December 2005. Until recently, he was managing director of Beijing Yinke Investment Consulting Co. Ltd., a company which provides financial consulting services and manages its own investment projects.