1. Product Comparison Canadian Solar ELPS vs. Trina Honey Marketing Department Aug 7,2012

2. Better Module from Canadian Solar Canadian Solar ELPS CS6P-MM Trina Solar Honey PC/PA05A Module Wattage255~265W245~260W Module EfficiencyUp to 16.5%Up to 15.9% EL ScreeningYesNo Current binningYesNo PID FreeYesNo Non-incendive Electrical Equipment YesNo Ammonia ResistantYes Salt Mist Resistant672 hours test96 hours test Warranty Insurance 100% warranty term coverage Providing third party bankruptcy rights No Module made from 60pcs, 6inch cells

3. Higher Module Efficiency CS6P-P series modules have higher module efficiency.

4. Highest Quality Certified EL screening to eliminate product defects Current binning to improve system performance Potential Induced Degredation (PID) free certified by PI Berlin Salt mist resistant certified according to severity level I* by TUV NORD Ammonia resistant module validated by German Agricultural Society (DLG) Non-incendive Electrical Equipment for Use in Class I, Division 2 Hazardous Locations, validated by Intertek Salt mist test Severity 1: 【 2 h( salt water spray) + 7days ( humidity storage) 】 * 4 Total salt water spray hours: 8 hours Total humidity storage hours : 672 hours Total test time: 28 days PID Free certificateSalt mist resistant certificate Ammonia resistant certificateNon-incendive Electrical Equipment certificate

5. Warranty & Warranty Insurance ItemCS6P-P SeriesTSM-PC/PA 05 series Power output warranty25 years linear warranty Product warranty10 years Warranty Insurance 100% warranty term coverage Providing third party bankruptcy rights No warranty insurance available

6. Best Warranty Insurance Canadian Solar provides the best warranty insurance  25 years worldwide coverage  100% warranty term coverage  Providing third party bankruptcy rights  Non-cancellable  Immediate coverage  Insured by 3 world top insurance companies The world’s largest solar power plant chose Canadian Solar. ( Plant Capacity: 166MW, Canadian Solar provided 148MW modules location: Brandenburg, Germany; completion: Sep 2011)

7. Why warranty insurance is important? When a manufacture goes bankrupt, its warranty is also gone  Over 50 module companies have gone bankrupt In the past two years. Canadian Solar provides Warranty Insurance policy insured by three world top insurance companies  Reduce the investment risk and enhance customer’s access to solar investment capital and financing  The insurance policy continues even if Canadian Solar is Insolvent or Bankrupt  Allowing Third-Party policy rights (satisfies investors / bankers requirements)  Customers do not need to work through the Bankruptcy Trustees

8. 4 Differentiators of Canadian Solar by Credit Suisse Company has one of the best product insurance Canadian Solar has now become a low cost leader in the industry Company has a lower net debt position than TSL/STP/YGE Company has a $1.3bb system revenue pipeline with firm PPAs, and appears to win more than 100MW in the US near term as well. Credit Suisse, June 13 2012

9. Thank you !