Phone 19055302334 Fax 19055302001 Email In the U

The research center is the onlyprovincially accredited PV cell research center in Jiangsu Province. It iscurrently staffed by 20 scientists, engineers and technicians, four of whomhave PhD's The center will ultimately have a staff of 38. The 1500 M2facility will cost a total of USD $10 million, with the bulk of theexpenditures paid in 2008.Dr. Shawn Qu, Chairman and CEO stated: "CSI is now executing a four-yearcell efficiency research program that will lead to better products and lowercosts. Both the solar-grade cells for our e-Modules and regular silicon cellscan benefit from this research. Our goal is to bring our average cellefficiency for polysilicon monocrystalline cells to 18.5 and solar gradecells to 15.5 within 12 months.

In this effort, we are proud to partner withsome of the world's leading R&D organizations including DuPont, University ofToronto and Shanghai Jiao Tong University and look forward to jointlyexploring new materials and manufacturing methods in order to better ourefficiency and product development."About Canadian Solar Inc (Nasdaq: CSIQ)Founded in 2001, Canadian Solar Inc. CSI is incorporated in Canada andconducts all of its manufacturing operations in China. Backed by years ofexperience and knowledge in the solar power market and the silicon industry,CSI has become a major global provider of solar power products for a widerange of applications. For more information, please visit http:// .Safe Harbor/Forward-Looking Statements for Canadian SolarCertain statements in this press release including statements regardingexpected future financial and industry growth are forward-looking statementsthat involve a number of risks and uncertainties that could cause actualresults to differ materially.

In some cases, you can identify forward-looking statements by such termsas "believes," "expects," "anticipates," "intends," "estimates," the negativeof these terms, or other comparable terminology. Factors that could causeactual results to differ include general business and economic conditions andthe state of the solar industry; governmental support for the deployment ofsolar power; future shortage or availability of the supply of high-puritysilicon; demand for end-use products by consumers and inventory levels of suchproducts in the supply chain; changes in demand from significant customers,including customers of our silicon materials sales; changes in demand frommajor markets such as Germany; changes in customer order patterns; changes inproduct mix; capacity utilization; level of competition; pricing pressure anddeclines in average selling price; delays in new product introduction;continued success in technological innovations and delivery of products withthe features customers demand; shortage in supply of materials or capacityrequirements; 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 originally filed on June 3, 2008.Although the Company believes that the expectations reflected in the forwardlooking statements are reasonable, it cannot guarantee future results, levelof activity, performance, or achievements. You should not place undue relianceon these forward-looking statements. All information provided in this pressrelease is as of today's date, unless otherwise stated, and Canadian Solarundertakes no duty to update such information, except as required underapplicable law.For more information, please contact:In Toronto, Canada Alex Taylor, IR Director Canadian Solar Inc. Phone: 1-905-530-2334 Fax: 1-905-530-2001 Email: In the U.S. LONDON, Feb 2 (Reuters) - European shares pared losses onMonday after U.S.