Canadian Solar Celebrates Contribution to Historic 100% Renewable Energy-Powered Super Bowl LVIII in Las Vegas

Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced its pivotal role in powering the Super Bowl LVIII that was held at Allegiant Stadium in Las Vegas, Nevada on February 11, 2024. The first-ever Super Bowl to be powered entirely by renewable energy, this historic event sourced electricity from the Arrow Canyon solar and energy storage project in Nevada.

Developed, owned, and operated by EDF Renewables, the Arrow Canyon project uses more than 600,000 Canadian Solar photovoltaic solar modules. With a capacity of 275 MW, complemented by a battery energy storage (BESS) facility, the project ensured a seamless and sustainable power supply throughout the Super Bowl.

The Allegiant Stadium's use of solar power to meet the energy demands of one of the U.S. sports industry's showpiece events highlights the viability of renewable energy sources in powering major events and facilities. For both the U.S. and global markets, the success of this event represents a significant milestone in the transition toward a sustainable energy future.

Mr. Tristan Grimbert, President and CEO of EDF Renewables North America, said, " We are thrilled that our Arrow Canyon project successfully powered the first Super Bowl using renewable energy. However, what truly excites us is the attention it has brought to the viability and dependability of coupling solar power with advanced storage technologies, showcasing how renewable energy can seamlessly meet the demands of large-scale events and critical infrastructure. This achievement serves as a testament to the progress we have made in the renewable energy sector and reinforces our commitment to driving the transition towards a greener and more sustainable future."

Thomas Koerner, Senior Vice President of Canadian Solar, expressed his enthusiasm, stating, "We are honored to have been selected by EDF Renewables as the solar module provider for the Arrow Canyon project and to contribute to such a groundbreaking moment in sports history. This achievement underscores Canadian Solar's commitment to advancing renewable energy solutions and demonstrates the effectiveness of solar technology in meeting the energy needs of large-scale events."

EDF Renewables North America | www.edf-re.com

Canadian Solar | www.canadiansolar.com