CANADIAN SOLAR'S CSI ENERGY STORAGE INKS 550 MWH BATTERY SUPPLY AGREEMENT WITH PULSE CLEAN ENERGY
GUELPH, ON, Jan. 4, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean Energy ("Pulse") to be used in various UK-based projects.
- (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean Energy ("Pulse") to be used in various UK-based projects.
- The 550 MWh of energy storage projects covered in the agreement will utilize CSI Energy Storage's SolBank, a proprietary battery energy storage solution designed and manufactured for utility-scale applications.
- In September 2022, CSI Energy Storage launched SolBank , a proprietary designed and manufactured energy storage battery solution.
- CSI Energy Storage has deployed more than 2.4 GWh of battery energy storage solutions to date across the United States, Canada, the United Kingdom, and China.