Press Release Summary:
Meeting IEC and UL standards, 1500V System Voltage (1500V) crystalline solar module comes in 60-cellÂ CS6K (mono) and CS6K (poly) configurations as well as 72-cellÂ CS6U (mono) and CS6U (poly) configurations. Product adds more modules per string, which decreases number of requisite combiner boxes, DC homeruns, and trenching. Design lowers wiring losses and reduces number of equipment, improving overall system performance and efficiency.
Original Press Release:
Canadian Solar Launches New 1500-Voltage Crystalline Solar Module Portfolio at 2016 Intersolar North America
GUELPH, Ontario -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that the company will launch the new 1500V System Voltage ("1500V") crystalline solar module portfolio at the 2016 Intersolar North America Exhibition to be held from July 12 to July 14, 2016 at the Moscone Center in San Francisco.
The conventional 1000V system voltage allows PV system designed only up to 1000V. The new Canadian Solar 1500V module portfolio has proven its performance under both IEC/UL standards for 1500V of system voltage and allows a significantly more efficient system design while reducing the overall BOS and cabling costs. The 1500V crystalline module, offered in two product types (60 cell configuration (CS6K - mono and CS6K - poly) and 72 cell configuration (CS6U - mono and CS6U - poly)), provides a robust and cost-efficient system solution by adding more modules in a string, which decreases the number of combiner boxes, direct current (DC) homeruns and trenching. This unique product design lowers wiring losses and reduces the number of equipment, thus improving the overall system performance and efficiency and reducing the labor cost and installation time. Furthermore, the 1500V crystalline module meets both International Electrotechnical Commission (IEC) standard and Underwrites Laboratories (UL) standard, making it an industry-leading product that can meet these two top-level international standards at the same time. Consistent with its high product quality, this 1500V crystalline module comes with Canadian Solar's 25-year linear power output warranty and a 10-year product warranty on materials and workmanship.
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, said, "We are very pleased to introduce the 1500V crystalline module, which is a great addition to Canadian Solar's high quality product portfolio. The state-of-the-art product design of the 1500V crystalline module increases the overall system performance and lowers the Balance of System cost. We believe this new product can perfectly meet the growing demand for higher voltage systems with lower system costs. We look forward to welcoming every one of you to Canadian Solar's booth #7311 to explore more on the 1500V crystalline module and the complete set of Canadian Solar's diversified product offerings."
About Canadian Solar Inc.
Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully shipped over 14 GW of premium quality modules in over 90 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publically listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on Facebook, Twitter, LinkedIn, or on the website.
CONTACT: Ed Job, CFA, Director, Investor Relations, Canadian Solar Inc., email@example.com; David Pasquale, Global IR Partners, +1-914-337-8801, firstname.lastname@example.org