Canadian Solar to Showcase ELPS Technology at Intersolar North America
Proprietary Technology Enables Up to 19.5 Percent Efficiency Increase
SAN FRANCISCO -- Canadian Solar, Inc. (the "Company", "we" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, announced the availability of its proprietary new ELPS solar cell technology. The breakthrough ELPS (Efficient, Long-Term, Photovoltaic Solution) technology enables solar cells to collect more light, achieving up to 19.5 percent cell efficiency for monocrystalline and up to 18 percent efficiency for polycrystalline cells.
"Canadian Solar prides itself on its successful technology and efficiency improvements, which benefit customers and help develop the global market for solar energy. Our new ELPS cell technology enables a significant reduction in production cost per watt, while simultaneously increasing cell energy efficiency," said Dr. Shawn Qu, chairman and CEO of Canadian Solar, Inc. "The increased efficiency and easy integration of ELPS cells with our existing product lines will help our customers in the residential and commercial spaces seamlessly achieve and maintain a higher ratio of power output per investment."
Canadian Solar will present its ELPS technology at 4:00 p.m. PT on July 12 at the Innovation Exchange at Intersolar North America taking place at the Moscone Center in San Francisco, California. The cells will be showcased at Canadian Solar's Intersolar booth # 8710, Level 2.
About Canadian Solar, Inc. (NASDAQ: CSIQ)
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.
