GUELPH, ON - Canadian Solar Inc. (NASDAQ: NASDAQ:CSIQ) announced today that its subsidiary CSI Solar Co., Ltd.'s division e-STORAGE will provide a 220 MWh DC energy storage solution to Epic Energy's standalone energy storage project in Mannum, South Australia. The project, developed by Canadian Solar's subsidiary Recurrent Energy, will commence construction in the second quarter of 2024.
Epic Energy, a significant player in Australia's energy infrastructure sector with an extensive gas pipeline network, is increasing its focus on renewable energy. The Mannum energy storage facility is set to enhance grid stability by storing excess energy generated during peak sunlight hours for later use.
The delivery of the storage solution is part of a comprehensive Engineering, Procurement, and Construction (EPC) agreement and a Long-Term Service Agreement (LTSA). e-STORAGE's SolBank, which uses lithium-iron-phosphate (LFP) cells, will be utilized for the project. The system is designed to include an active balancing Battery Management System (BMS) and a Thermal Management System (TMS) for optimal safety and performance.
Clive D'Cruz, CEO of Epic Energy, emphasized the importance of the battery system in complementing the existing solar farms at the Mannum site and supporting the South Australian electricity market. Colin Parkin, President of e-STORAGE, expressed enthusiasm for the collaboration, highlighting the role of the Mannum project in advancing Australia's renewable energy network.
Canadian Solar, founded in 2001, has established itself as a leading solar technology and renewable energy company. It boasts a diverse development pipeline and has been publicly listed on NASDAQ since 2006. The company has delivered over 110 GW of solar photovoltaic modules globally and has developed substantial solar power and battery storage projects.
e-STORAGE, a subsidiary of Canadian Solar, specializes in the design, manufacturing, and integration of battery energy storage systems for utility-scale applications. With over 3.3 GWh DC of battery energy storage solutions implemented and an annual production capacity of 10 GWh, e-STORAGE is positioned as a significant entity in the energy storage sector.
This announcement is based on a press release statement and includes forward-looking statements subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those anticipated.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.