Product Comparison
Canadian Solar ELPS vs. Trina Honey
Marketing Department
Aug 7,2012
Better Module from Canadian Solar
Module made from 60pcs, 6inch cells
Canadian Solar
ELPS CS6P-MM
Trina Solar
Honey PC/PA05A
Module Wattage
255~265W
245~260W
Module Efficiency
Up to 16.5%
Up to 15.9%
EL Screening
Yes
No
Current binning
Yes
No
PID Free
Yes
No
Non-incendive Electrical
Equipment
Yes
No
Ammonia Resistant
Yes
Yes
Salt Mist Resistant
672 hours test
96 hours test
100% warranty term coverage
Warranty Insurance
Providing third party bankruptcy rights
No
Higher Module Efficiency
CS6P-P series modules have higher module efficiency.
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
PID Free certificate
Ammonia resistant certificate
•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
Salt mist resistant certificate
Non-incendive Electrical Equipment certificate
Warranty & Warranty Insurance
Item
CS6P-P Series
TSM-PC/PA 05 series
Power output warranty 25 years linear warranty
25 years linear warranty
Product warranty
10 years
10 years
Warranty Insurance
100% warranty term coverage
Providing third party bankruptcy rights
No warranty insurance available
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)
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
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
Thank you !