- New Facility Expected to Create Approximately 500 Jobs -
GUELPH, Ontario, Feb. 10, 2011 /PRNewswire-Asia/ -- Canadian Solar Inc. (Nasdaq: CSIQ), one of the world's largest solar power companies, today announced it will host a major Job Fair this Friday, February 11, 2011 at its new solar module manufacturing facility located at 545 Speedvale Avenue, West in Guelph, Ontario. Openings include process technicians, general operators, logistic coordinators and quality engineers, among others. Potential candidates can meet with Canadian Solar's Human Resource specialists from 9 am to 5 pm.
Shawn Qu, President and CEO, Canadian Solar Inc. commented, "Canadian Solar's Ontario manufacturing facility underscores our commitment to the Canadian market. We intend to hire the best as we have done in our other locations worldwide. Attracting top talent will help ensure our competitive edge as we strive to meet the growing demands of Canada's solar photovoltaic (PV) market. We have a long-term commitment to this important market, and have previously announced our selection of Guelph, Ontario as the site of a 200 megawatt solar PV module plant. This facility will be Canadian Solar's first feed-in-tariff domestic content compliant solar manufacturing plant in Ontario, and is expected to require approximately 500 people to run at full capacity."
Several dignitaries will also be on hand at the job fair to greet job seekers and to make a special presentation from 10 am to 10:45 am. Special guests include Guelph MP, Frank Valeriotte; Guelph MPP, Liz Sandals and Guelph Mayor, Karen Farbridge.
"Canadian Solar is a leader in establishing an Ontario Solar Module Manufacturing facility here in Guelph and it is exciting to see this project move from planning to hiring. Ontario's feed-in-tariff for renewable energy will continue to create more clean energy jobs and will ensure economic growth in Guelph and across the province not just for today but also for the future," said Liz Sandals, MPP for Guelph.
Guelph Mayor, Karen Farbridge added, "This is an exciting day for Guelph, as Canadian Solar's impact on our community becomes tangible with the hiring of hundreds of new employees. I am hopeful that Canadian Solar will find the skilled talent they need, right here in our community."
High resolution pictures of the manufacturing facility are available by visiting the link below:
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About Canadian Solar Inc. (NASDAQ: CSIQ)
Canadian Solar Inc. is one of the world's largest solar companies. As a leading vertically integrated provider of ingots, wafers, solar cells, solar modules and other solar applications, Canadian Solar designs, manufactures and delivers solar products and solar system solutions for on-grid and off-grid use to customers worldwide. With operations in North America, Europe and Asia, Canadian Solar provides premium quality, cost-effective and environmentally-friendly solar solutions to support global, sustainable development. For more information, visit www.canadiansolar.com. Canadian Solar Solutions Inc. is a wholly owned subsidiary of Canadian Solar Inc. For more information on Canadian Solar Solutions, visit www.canadian-solar.ca.
Safe Harbor/Forward-Looking Statements:
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include the risks regarding the previously disclosed SEC and internal investigations as well as general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; the availability of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Germany; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20-F filed on August 19, 2010. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, it cannot guarantee future results, level of activity, performance or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
