GUELPH, ON,\u00a0April 12, 2021\u00a0\/PRNewswire\/ —\u00a0Canadian Solar Inc.\u00a0(the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), today announced that it has started mass production of high-power, high-efficiency modules with power output of up to 665 W.<\/p>\n
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The new generation of\u00a0monofacial HiKu7<\/a><\/u>\u00a0<\/span>and\u00a0bifacial BiHiKu7<\/a><\/u>\u00a0<\/span>modules are based on 210 mm cells and are set to deliver one of the most competitive levelized cost of electricity (LCOE) in the industry by reducing balance of system (BOS) and other costs for solar power plants. These modules have been optimized with leading tracker and inverter designs to ensure seamless installation of solar systems.<\/p>\n <\/p>\n The nameplate production capacity of\u00a0the HiKu7 and BiHiKu7 modules<\/span>\u00a0will reach 10 GW by the end of 2021,\u00a0of which a significant portion has already been booked.<\/span>\u00a0The Company will deliver the first batch of the new high-power, high-efficiency modules\u00a0this month.<\/span><\/p>\n <\/p>\n The HiKu7 and BiHiKu7 modules are expected to solidify\u00a0Canadian Solar’s\u00a0technology leadership by offering:<\/p>\n <\/p>\n Dr.\u00a0Shawn Qu, Chairman and CEO of\u00a0Canadian Solar\u00a0remarked, “I am excited to announce that we have begun mass production of the 210 mm cell-based HiKu7 and BiHiKu7 modules, which marks another milestone for\u00a0Canadian Solar\u00a0as the leader in high power cell and module technologies. With up to 665 W capacity, these modules will further reduce the LCOE of solar energy generated and increase the energy yield of solar plants.\u00a0 These modules also have high reliability with several special technologies, such as damage-free cell cutting, strict hot spot control, and low LeTID technology, etc. These product and technological innovations will continue to boost solar project returns, further improve solar energy’s competitiveness and accelerate the global clean energy transition.”<\/p>\n <\/p>\n\n