CANADIAN SOLAR INC.
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of October 2007
Commission File Number: 001-33107
CANADIAN SOLAR INC.
Xin Zhuang Industry Park,
Changshu, Suzhou
Jiangsu 215562
Peoples Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or Form 40-F.
Form 20-F þ Form 40-F 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)(1):
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):
Indicate by check mark whether by furnishing the information contained in this Form, the registrant
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes o No þ
If Yes is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b):
82- N/A
CANADIAN SOLAR INC.
Form 6-K
TABLE OF CONTENTS
SIGNATURE
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/ Bing Zhu
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Name: |
Bing Zhu |
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Title: |
Chief Financial Officer |
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Date: October 29, 2007
EX-99.1 PRESS RELEASE
Exhibit 99.1
LDK Solar Signs Agreement for the Supply of Wafers to
Canadian Solar Inc.
XINYU CITY and JIANGSU, China, October 22, 2007, LDK Solar Co., Ltd. (NYSE: LDK), a leading
manufacturer of multicrystalline solar wafers, announced today that it has signed a three-year
contract to supply multicrystalline solar wafers to Canadian Solar Inc. (NASDAQ: CSIQ).
Under the terms of the agreement, LDK Solar will deliver multicrystalline solar wafers to Canadian
Solar valued at approximately RMB 4 billion over a three-year period, with delivery commencing in
2008. The total contracted delivery in 2008 is 50 MW.
We are pleased to have reached this wafer supply agreement with Canadian Solar, a reputable leader
in solar module products and one of our best long-term customers, stated Sam Tong, President and
COO of LDK Solar. We view this partnership as a testament to the quality of our products and our
proficiency in serving our customers.
This agreement is built on the four-year frame contract we signed with LDK Solar a year ago. LDK
is one of our major suppliers and we value our relationship. This new contract helps us to further
strengthen our pipeline of silicon wafer supply in preparation for our expected continued strong
growth, stated Dr. Shawn Qu, Chairman and CEO of Canadian Solar.
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the
principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to
manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the
company provides wafer processing services to monocrystalline and multicrystalline solar cell and
module manufacturers. LDKs headquarters and manufacturing facilities are located in Hi-Tech
Industrial Park, Xinyu City, Jiangxi province in the Peoples Republic of China. The companys
office in the United States is located in Sunnyvale, California.
About Canadian Solar Inc. (NASDAQ: CSIQ)
Founded in 2001, Canadian Solar Inc. (CSI) is a vertically integrated manufacturer of solar cell,
solar module and custom-designed solar application products serving worldwide customers. CSI is
incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years
of experience and knowledge in the solar power market and the silicon industry, CSI has become a
major global provider of solar power products for a wide range of applications. For more
information, please visit http://www.csisolar.com.
Safe Harbor Statement for LDK
This press release includes statements that may constitute forward-looking statements made pursuant
to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.
Although LDK Solar believes that the expectations reflected in such forward-looking statements are
based on reasonable assumptions, such statements are subject to risk and uncertainties that could
cause actual results to differ materially from those projected.
Safe Harbor/Forward-Looking Statements for Canadian Solar
Certain statements in this press release including statements regarding expected future financial
and industry growth 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 and economic conditions and the state
of the solar industry; governmental support for the deployment of solar power; future shortage or
availability of the supply 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, including customers of our silicon materials sales; changes in demand from major markets
such as Germany; changes in customer order patterns; changes in product mix; capacity utilization;
level of competition; pricing pressure and declines in average selling price; delays in new product
introduction; continued success in technological innovations and delivery of products with the
features customers demand; shortage in supply of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other risks as described in the Companys
SEC filings, including its annual report on Form 20-F originally filed on May 29, 2007 and its
registration statement on Form F-1 originally filed on October 23, 2006, as amended. 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. You 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 CSI undertakes no duty to update such
information, except as required under applicable law.