Canadian Solar and Sunrun Sign 112 MW Module Supply Agreement
Reaching new solar users and spreading the word about the incredible power of solar energy.
GUELPH, Ontario, Nov. 24, 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 supply 112 MW of Canadian Solar CS6P-265P PV modules to Sunrun (NASDAQ: RUN), the largest dedicated residential solar company in the United States, in 2016.
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"We are pleased to be working with an industry leader like Canadian Solar to ensure our customers have a great customer experience and access to high quality modules for their home solar systems," said Paul Winnowski, Chief Operating Officer of Sunrun. "We look forward to helping more American families switch to solar and furthering our goal of creating a planet run by the sun."
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "As North America's largest module manufacturer, Canadian Solar believes wholeheartedly in our corporate mission of making a difference in the lives of others through solar. Together with Sunrun, this joint collaboration will help allow us to reach new solar users and spread the word about the incredible power of solar energy."
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 12 GW of premium quality modules in over 70 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publically listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on Facebook, Twitter, LinkedIn, or on the website.
About Sunrun
Sunrun (NASDAQ: RUN) is the largest dedicated residential solar company in the United States with a mission to create a planet run by the sun. Since establishing the solar as a service model in 2007, Sunrun continues to lead the industry in providing clean energy to homeowners with little to no upfront cost and at a savings to traditional electricity. The company designs, installs, finances, insures, monitors, and maintains the solar panels on a homeowner's roof, while families received predictable pricing for 20 years or more. For more information, please visit www.sunrun.com.
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