Canadian Solar (CSIQ) Annnounces 2 Sales Contracts with Illiotec Solar

October 6, 2008 1:29 PM EDT

Canadian Solar Inc. (Nasdaq: CSIQ) today announced that it has signed two sales contracts with Iliotec Solar GmbH and Iliotec Solar International. Through these two contracts, Iliotec will purchase from CSI 28MW of solar modules and obtain the option for another 20MW for delivery in 2009, with module prices fixed for the first six months.

Canadian Solar, Inc., together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses.


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