Canadian Solar Expands Operations in Italy

Canadian Solar (Nasdaq: CSIQ), one of the world's largest solar companies, today announced the opening of its Italian sales office in Rome.

The office will be headed by Marco Di Pietro, Country Manager Italy, who is responsible for the continued success and growth of Canadian Solar's photovoltaic business in Italy.

Marco Di Pietro, Canadian Solar's Country Manager Italy, said, "Italy is one of the world's top alternative energy markets, with impressive demand growth and installations of photovoltaic systems. Canadian Solar has effectively grown its business in Italy with sales, marketing, support and executive focus led from our international offices. Given our significant existing customer base, demand and projected growth, it made strategic sense to expand on a local basis with our new office in Rome. We are very excited about this market."

Dr. Shawn Qu, Chairman and CEO of Canadian Solar, said, "Italy is currently ranked as the world's third largest PV market. Opening this office underscores our commitment to providing the best support to customers and to developing new business opportunities. Canadian Solar's high quality modules have been very well received in Italy since 2008. We fully expect to build on our momentum in the important Italian market as we move forward with a dedicated local sales platform."

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