The introduction of these modules into the North and South American markets represents a strategic business decision for Canadian Solar's Americas division.
GUELPH, Ontario, March 11, 2015 -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it will introduce the company's all-black solar module product line into the Americas market, covering both the North and South American continents. The new product line includes both an all-black CS6K-M monocrystalline module and an all-black CS6K-P module, both of which feature improved, aesthetically pleasing black polycrystalline technology. This all-black module line is specifically targeted for consumers in the residential market.
The introduction of these modules into the North and South American markets represents a strategic business decision for Canadian Solar's Americas division. With the company's 14-year track record in module manufacturing, state-of-the-art product design, and effective management, Canadian Solar will finalize product specifications at the end of April. Production runs for the CS6K-M are expected to begin in May, with production runs for the CS6K-P expected to begin in early June.
The product features on these modules are unique in the marketplace with the "all-black concept" including a black frame, black backsheet, and dark cells in both mono and polycrystalline cell technologies. The CS6K all-black monocrystalline modules with dark cells will be offered in three power classes: the 255W, 260W, and 265W. Meanwhile, the CS6K all-black polycrystalline modules with dark cells will be offered in two power classes: the 250W and 255W. The module efficiency on the monocrystalline module is 16.19%, while the module efficiency on the polycrystalline module is 15.58%.
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "The introduction of these all-black modules into the Americas market is a great addition to Canadian Solar's diverse product portfolio, especially for the residential segment. In particular, this new product line will allow the company to continue gaining market share throughout the region."
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 deployed over 9 GW of premium quality modules in over 70 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the world, having been publically listed on NASDAQ since 2006. For additional information about the company, products, and projects, please visit www.canadiansolar.com.