UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2014
Commission File Number: 001-33107
CANADIAN SOLAR INC.
No. 199 Lushan Road
Suzhou New District
Suzhou, Jiangsu 215129
Peoples Republic of China
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x |
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Form 40-F o |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
CANADIAN SOLAR INC.
Form 6-K
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Exhibit 99.1 |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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CANADIAN SOLAR INC. | |
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By: |
/s/ Shawn (Xiaohua) Qu |
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Name: |
Shawn (Xiaohua) Qu |
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Title: |
Chairman, President and |
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Chief Executive Officer |
Date: July 30, 2014
Exhibit 99.1
Canadian Solar Comments on the Department of Commerce Preliminary Anti-Dumping Determination
GUELPH, Ontario, July 29, 2014 Canadian Solar Inc. (the Company, or Canadian Solar) (NASDAQ: CSIQ), one of the worlds largest solar power companies, today released this statement on behalf of Thomas Koerner, General Manager of Canadian Solar Inc. Americas division, in response to the United States Department of Commerces (DOC) preliminary decision made last Friday to impose anti-dumping (AD) tariffs of up to 44.18% on certain Taiwanese photovoltaic cell imports.
We are deeply disappointed by the DOCs decision, especially in context of the overwhelming damaging impact on the U.S. solar industry, said Mr. Koerner.
This preliminary AD announcement will definitely jeopardize what we have worked so hard for and have achieved in the last few years in the U.S. market: solar industry job creation and affordable clean energy - from small residential installations to large utility scale power plants. While we applaud the governments vocal dedication to sustainable development and job creation via fostering the solar market; the pattern of protectionism directly contradicts these commitments. This decision in favor of one non-competitive PV manufacturer will cost tens and thousands of jobs across the entire U.S. solar industry, which currently employs more than 140,000 local workers, added Mr. Koerner.
As a Canadian company with international activities and an international supply chain, we firmly believe in free international trade and a free market economy with no trade barriers. Meanwhile we will continue to honor our commitment to our customers in the U.S. and serve the market with our high quality solar products. By leveraging our global and competitive supply chain we do not expect any significant disruption to our business in U.S., concluded Mr. Koerner.
About Canadian Solar Inc.
Founded in 2001 in Ontario, Canada, Canadian Solar is one of the worlds 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 7 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.
Safe Harbor/Forward-Looking Statements
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 the risks regarding general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of solar grade silicon; demand for solar products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand in our project markets, including Canada, the U.S., Japan and China; changes in customer order patterns; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; continued success in technological innovations and delivery of products with the features customers demand; utility-scale project approval process; delays in utility-scale project construction; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; trade protectionism in Europe, the U.S. and India; litigation and other risks as described in the Companys SEC filings, including its annual report on Form 20-F filed on April 28, 2014. Although the Company believes that the expectations reflected in its 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 todays date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.