GUELPH, ON, June 13, 2024 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R. Horton to offer its solar and energy storage products across communities in California.

Under the agreement, Canadian Solar will provide a total home energy battery back-up solution, which includes both its high-efficiency solar panels and fully integrated residential energy storage system, EP Cube. This solution allows homeowners in D.R. Horton communities to store self-generated solar energy, ensuring a reliable power source during peak electricity rate hours and power outages.

D.R. Horton, America’s largest homebuilder, has been building high-quality, functional residences for individuals and families in desirable locations since 1978. Over the next year, D.R. Horton plans to construct thousands of homes in California. Upholding its commitment to excellence, D.R. Horton has selected solar panels and batteries manufactured by Canadian Solar, a leader in the renewable energy industry known for its superior quality products.

Thomas Koerner, Senior Vice President of Canadian Solar, commented, “We are thrilled to collaborate with D.R. Horton to help homeowners significantly reduce energy expenses amidst soaring electricity costs in California. Our solar panels, paired with the EP Cube, not only enable homeowners to save on electricity bills, but also provide a reliable power source during rolling blackouts, ensuring their homes remain functional and comfortable.”