Canadian Solar Opens New and Expanded Global Headquarters in Ontario, Canada

KITCHENER, ON, Jan. 15, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), a global leader in solar power and renewable energy solutions, today announced the opening of its new global headquarters in Ontario, Canada. Founded in 2001 by Dr. Shawn Qu in Guelph, Canadian Solar has grown from a visionary startup into a global powerhouse with around 20,000 employees and operations in more than 20 countries worldwide.

Located in Kitchener, Ontario, the new headquarters embodies Canadian Solar's commitment to innovation, sustainability, and its Canadian heritage. The Kitchener office will serve as the Company's corporate headquarters as well as several of its subsidiary companies like e-STORAGE and the module sales and services business units.

"This is a pivotal moment for Canadian Solar," said Dr. Shawn Qu, Canadian Solar's Chairman and CEO. "While we have grown into a global organization, our roots remain deeply embedded in Ontario, where our journey began 23 years ago. With our new Kitchener office, we are bringing together talent from three global business units. This new headquarters is a testament to our commitment to sustainability and innovation, as we continue to provide clean energy solutions to customers worldwide from right here in Ontario."

"It is a great achievement that Kitchener has been chosen as the location for Canadian Solar's new global headquarters. I am thrilled that one of the world's largest solar technology companies is continuing to strengthen their roots in our region. Their mission to power the world with solar energy will help create a cleaner Earth for generations to come. I look forward to watching Canadian Solar continue to lead in the renewable energy sector," said Valerie Bradford, MP Kitchener South – Hespeler.

"Canadian Solar's decision to expand its global headquarters here in Kitchener highlights the strength of our region's innovation ecosystem and our commitment to building a sustainable future," said Jess Dixon, MPP Kitchener South – Hespeler. "This investment not only reinforces Canadian Solar's roots in Ontario, but also creates meaningful opportunities for local talent, economic growth, and leadership in clean energy solutions. I'm proud to see our community play such a pivotal role in advancing renewable energy on a global scale."

"Canadian Solar is a leading example of the huge opportunity to create clean energy jobs right here in Ontario. With this expansion, Canadian Solar will continue to export low-cost green energy technologies from Ontario to countries around the world. Congratulations to the team at Canadian Solar, both in Kitchener and in Guelph," said Mike Schreiner, MPP for Guelph and Leader of the Green Party of Ontario.

"We're thrilled that Canadian Solar has chosen to #MakeItKitchener, joining the many other organizations that have seen so much potential in the City of Kitchener and our local ecosystem that they decided to make a home here. Establishing their global headquarters in our community will deepen their connection to our innovation ecosystem and skilled workforce in Kitchener and Waterloo Region. Canadian Solar will be an important part of Kitchener's thriving economy, bringing new jobs and technologies to cultivate a sustainable future," said Berry Vrbanovic, Mayor of Kitchener.

"The opening of Canadian Solar's new headquarters is an exciting milestone for the company and a testament to its continued growth and innovation," said Colin Parkin, President of e-STORAGE. "As we expand our operations globally, this new office will serve as a hub for e-STORAGE, fostering collaboration and driving the next wave of innovation in energy storage solutions. I'm proud of what we will achieve together."

Thomas Koerner, Corporate Senior Vice President of Canadian Solar, added: "The opening of Canadian Solar's new global headquarters in Kitchener Ontario is a bold step forward in aligning the company's vision with its roots. It reinforces Canadian Solar's leadership in the global energy transition, providing a collaborative and innovative space to advance renewable energy technologies and drive a sustainable future."