Canadian Solar Partners with Lifestyle Solar to Deliver Resi
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This news is classified in: Sustainable Energy Solar

Jun 20, 2024

Canadian Solar Partners with Lifestyle Solar to Deliver Residential Solar and Energy Storage Solutions to California Homebuilders

will supply its integrated residential solar and energy storage solution, including its high efficiency solar modules and residential energy storage system, EP Cube. With its seamless financing solutions and

advanced products, Lifestyle Solar provides homebuilders with a comprehensive turnkey renewable energy solution, meeting growing demand from homebuyers.

, and the innovative stackable EP Cube home battery, Lifestyle Solar is enabling homeowners to achieve energy resilience and lower electricity costs.

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homeowners. With EP Cube and EP Cube Lite, designed for time-of-use states like

, customers can reuse solar power captured by Canadian Solar PV panels during the day to power their homes after sunset. Our solutions help homeowners significantly reduce their electricity bills and in turn monthly home costs."

, Vice President of Lifestyle Solar , added, "At Lifestyle Solar, our mission is to make clean, renewable energy accessible and affordable for everyone. By offering

products, we are taking a significant step toward a sustainable future, harnessing the sun's power to reduce our dependence on fossil fuels and paving the way for a greener planet for generations to come."

Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery energy storage solutions, and developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. Over the past 23 years, Canadian Solar has successfully delivered over 125 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built, and connected over 10 GWp of solar power projects and 3.3 GWh of battery energy storage projects across the world. Currently, the Company has over 1.2 GWp of solar power projects in operation, 6.5 GWp of projects under construction or in backlog (late-stage), and an additional 19.8 GWp of projects in advanced and early-stage pipeline. In addition, the Company has 600 MWh of battery energy storage projects in operation and a total battery energy storage project development pipeline of around 56 GWh, including approximately 4.3 GWh under construction or in backlog, and an additional 51.6 GWh at advanced and early-stage development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on  LinkedIn  or visit .

has grown to become a leader in the renewable energy industry, known for its high-quality solar products and exceptional customer service.

, with more than 17 years of experience in residential and commercial installations. For more information, please visit .

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 general business, regulatory and economic conditions and the state of the solar and battery storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to the COVID-19 pandemic; supply chain disruptions; governmental support for the deployment of solar power; future available supplies 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 Japan, the U.S., China, Brazil and Europe; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in the Company's filings with the

. 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. Investors 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

undertakes no duty to update such information, except as required under applicable law.

Canadian Solar