Canadian Solar criticizes U.S. anti-dumping decision

GUELPH, Ontario, Canada, Dec. 19, 2014 /PRNewswire/ — Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ:CSIQ), one of the world’s largest solar power companies, today released this statement in response to the United States Department of Commerce’s (“DOC”) Tuesday decision to impose counter-veiling (“CVD”) and anti-dumping (“AD)” tariffs on certain Chinese and Taiwanese photovoltaic modules and cell imports.

“We are very disappointed by the DOC’s decision, and the damaging impact this has on the American solar industry,” said Thomas Koerner, General Manager of Canadian Solar Americas Division. “This decision threatens the employment of tens and thousands of American workers in the various facets of the solar industry, including manufacturing, design, installation and operations.” 

Mr. Koerner added, “We plan to utilize our 500 MW manufacturing facility in Ontario, Canada to continue our support for solar energy development in the United States. As a Canadian company, however, we firmly believe in free international trade and a market economy with zero trade barriers.”

About Canadian Solar Inc.

Founded in 2001 in Ontario, Canada, Canadian Solar is one of the world’s largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions, Canadian Solar has an industry leading and geographically diversified pipeline of utility-scale solar power projects as well as a track record of successful solar deployment boasting over 8 GW of premium quality modules installed in over 70 countries during the past decade. Canadian Solar is committed to providing high-quality solar products and solar energy solutions to customers around the world. For more information about our company, products and projects please visit www.canadiansolar.com.