Canadian Solar: Expansion of US-operations
San Ramon, California - Canadian Solar, Inc. (the "Company", "we" or "Canadian Solar"), one of the world's largest solar companies, today announced the expansion of its U.S. operations with the opening of a second warehouse facility in Port Elizabeth, New Jersey to provide additional photovoltaic (PV) module storage capacity needed to support the Company's growing business. Arrival of the first shipment of modules is expected in mid-September 2011.
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, remarked, "The opening of our second storage facility underscores the success we are seeing in the important U.S. market. Our new warehouse facility on the East Coast will immediately benefit customers by increasing product availability, shortening product transit times and cutting shipping costs to deliver more competitive pricing."
The warehouse itself utilizes solar energy from its PV rooftop mounted system and is located within two miles of the port, reducing drayage costs from port to warehouse.
About Canadian Solar Inc.
Canadian Solar, Inc. is one of the world's largest solar companies. As a leading vertically integrated provider of ingots, wafers, solar cells, solar modules and other solar applications, Canadian Solar designs, manufactures and delivers solar products and solar system solutions for on-grid and off-grid use to customers worldwide. 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.
Contact: U.S. offices: 12657 Alcosta Blvd, Suite 140, San Ramon, CA 94583