Canadian Solar Introduces New BiHiKu Bifacial, HiKu poly and HiDM All-Black Solar Modules at Intersolar Europe

Press Release Summary:

  • BiHiKu modules generate up to 30% more power under certain installation conditions, lowering levelized cost of electricity
  • HiKu modules reduces the LCOE of solar power projects
  • HiDM All Black is ideal for rooftop installations

Original Press Release:

Canadian Solar Showcases Next Generation Solar Modules: BiHiKu Bifacial, HiKu poly and HiDM All-Black

Guelph, Ontario, May 14, 2019 /PRNewswire/ -- Canadian Solar Inc.(the "Company", or "Canadian Solar"), (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced it will showcase its next generation solar modules - BiHiKu (polycrystalline bifacial), HiKu (polycrystalline exceeding 400 Watts), and HiDM All-Black (monocrystalline PERC) - at Intersolar Europe from May 15 - 17,2019 in Munich, Germany.

BiHiKu bifacial polycrystalline dual-cell is a module based on Canadian Solar's industry-leading bifacial cell technology and extensive double glass module manufacturing know-how. The achievement is a new generation of high efficiency bifacial modules with both sides producing power at the same time. BiHiKu's front side output can reach up to 410W, while its bifaciality (percentage of rear side to front side power) is as high as 70%. BiHiKu modules generate up to 30% more power than conventional modules under certain installation conditions, dramatically lowering Levelized Cost of Electricity (LCOE).

HiKu is the first polycrystalline module exceeding 400W, thus reaching one of the highest module power outputs in the solar industry. HiKu modules can also reduce the LCOE of solar power projects.

HiDM All Black is a high-density module of up to 420W with a very appealing homogeneous black surface. It is an ideal solution for residential rooftop installations. By maximizing the light absorption area, the module efficiency can reach up to 20.37%.

Both Canadian Solar's poly and mono modules have very low LeTID (light and elevated temperature-induced degradation) based on the third party testing. LeTID is a new degradation mode found in most of the high efficiency modules in high working temperature. Canadian Solar is one of the world's leading companies in LeTID research and has successfully developed its unique anti-LeTID technology to guarantee its advanced modules' superb performance in the field.

Visit our booth A1.480 at Intersolar Europe, May 15 - 17, 2019 in Munich, Germany to learn more about Canadian Solar and its latest innovations.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world's largest and foremost solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale power projects in various stages of development. Over the past 18 years, Canadian Solar has successfully delivered over 32 GW of premium quality modules to customers in over 150 countries around the world. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Source Canadian Solar Inc.

Contact:

Canadian Solar Inc. Contacts, Investors: Mary Ma, Manager, Investor Relations, Canadian Solar Inc., investor@canadiansolar.com

David Pasquale, Global IR Partners, Tel: +1-914-337-8801, csiq@globalirpartners.com

Media: Snezana Feige, Senior Marketing Manager, EMEA, snezana.feige@canadiansolar.com

Web Site: http://www.canadiansolar.com

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