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Share this article Share this article GUELPH, ON, March 16, 2021 /PRNewswire/ Canadian Solar Inc. (the Company , or Canadian Solar ) (NASDAQ: CSIQ) and SolarWorX, a Berlin based off-grid solar pioneer, announced today that they entered into a strategic partnership in which Canadian Solar will invest in SolarWorX as part of the start-up s series A investment round. Canadian Solar, as the lead investor, is joined by co-investors EIT InnoEnergy, one of the leading European investors in sustainable energy innovations, and DEG - Deutsche Investitions- und Entwicklungsgesellschaft, the German development finance institution. DEG will use funds from the develoPPP.de program of the German Federal Ministry for Economic Cooperation and Development (BMZ). The seven-digit funding will help SolarWorX expand its product portfolio and sales activities in its overall push to electrify some of the 1.2 billion people that are still living without a stable grid connection.

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