Canadian Solar's e-STORAGE to Deliver Energy Storage Solutions to the Huatacondo Project in Chile
Canadian Solar, Inc. (the "Company" or “Canadian Solar") (NASDAQ: CSIQ) announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar) has secured a turnkey EPC contract to supply a 98 MW/312 MWh DC Battery Energy Storage System (BESS) to the Huatacondo project in Chile. The project, developed by Sojitz Corporation and Shikoku Electric Power Co., Inc. through their subsidiary AustrianSolar Chile Cuatro SpA ("ASC4"), is set to commence construction in the first quarter of 2025.
e-STORAGE will provide and integrate its advanced SolBank 3.0 energy storage solution for the project. Under the EPC contract, e-STORAGE will manage all civil, mechanical, and electrical infrastructure for the project.
Toshinori Kawahara, General Manager of ASC4, commented: "Building our energy storage project is a major milestone for ASC4. We are very pleased to be able to contribute to a stable supply of electricity in northern Chile."
Colin Parkin, President of e-STORAGE, stated: "We are pleased to extend our energy storage expertise through the delivery of our first major project in Chile, supporting the government's ambitious goal of getting 70% of its electricity from renewable sources by 2050. This new BESS project in the Tarapacá Region of Chile expands our global portfolio, reinforcing our commitment to delivering reliable, high-performance energy solutions worldwide."
e-STORAGE's SolBank 3.0 offers exceptional performance and safety, featuring high-density LFP cells, advanced BMS, and innovative liquid cooling TMS. Its compact design and high capacity of over 5 MWh per 20-ft container optimize land use and reduce costs. The SolBank 3.0 boasts an IP55 protection grade, making it resistant to wind and rain, ensuring reliable operation in the Andean climate. The SolBank 3.0's capacity to function effectively across a broad temperature spectrum further enhances its durability, making it an ideal solution for demanding environments.
Canadian Solar | www.canadiansolar.com
e-STORAGE | www.csestorage.com
