Canadian Solar announced that e-STORAGE, which is part of the Company’s majority-owned subsidiary CSI Solar Co., 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 through their subsidiary AustrianSolar Chile Cuatro, 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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSIQ:
- Fluence Energy downgraded to Neutral from Buy at Citi
- ‘Massive risk’ to number of solar players flying under radar, says GLJ Research
- Canadian Solar announces U.S. recycling partnership with SOLARCYCLE
- Canadian Solar price target lowered to $15 from $19 at Wells Fargo
- Canadian Solar price target lowered to $20 from $25 at Roth MKM