Canadian Solar to Deliver 315 MWh DC of Battery Energy Storage Solutions and up to 2 GWp of Solar Modules to Sunraycer Projects in Texas
Canadian Solar Inc. (NASDAQ: CSIQ) has announced three significant agreements with Sunraycer Renewables to supply and commission battery energy storage solutions and up to 2 GWp of high-efficiency solar modules for various projects in Texas. The agreements include delivering 188 MWh DC to the Gaia project in Navarro County and 127 MWh DC to the Midpoint project in Hill County, scheduled for commissioning in Q3 2025. These projects will use over 60 SolBank 3.0 battery containers featuring high-density lithium-iron-phosphate cells and advanced battery management systems.
Additionally, Sunraycer will deploy up to 2 GWp of Canadian Solar's latest high-efficiency solar modules, offering up to 85% bifaciality and 23.3% module efficiency. This collaboration aims to enhance grid stability and support Texas's clean energy transition.
Sunraycer's CEO, David Lillefloren, and e-STORAGE President, Colin Parkin, highlighted the importance of these projects for providing sustainable, clean, and affordable electricity to the grid.
Canadian Solar Inc. (NASDAQ: CSIQ) ha annunciato tre importanti accordi con Sunraycer Renewables per fornire e mettere in funzione soluzioni di accumulo energetico a batteria e fino a 2 GWp di moduli solari ad alta efficienza per vari progetti in Texas. Gli accordi prevedono la consegna di 188 MWh DC per il progetto Gaia nella Contea di Navarro e 127 MWh DC per il progetto Midpoint nella Contea di Hill, programmati per essere messi in servizio nel terzo trimestre del 2025. Questi progetti utilizzeranno oltre 60 contenitori per batterie SolBank 3.0, dotati di celle in fosfato di litio-ferro ad alta densità e sistemi avanzati di gestione delle batterie.
Inoltre, Sunraycer installerà fino a 2 GWp dei più recenti moduli solari ad alta efficienza di Canadian Solar, offrendo fino all'85% di bifacialità e un'efficienza del modulo del 23,3%. Questa collaborazione mira a migliorare la stabilità della rete e supportare la transizione energetica pulita del Texas.
Il CEO di Sunraycer, David Lillefloren, e il Presidente di e-STORAGE, Colin Parkin, hanno sottolineato l'importanza di questi progetti per fornire energia elettrica sostenibile, pulita e conveniente alla rete.
Canadian Solar Inc. (NASDAQ: CSIQ) ha anunciado tres acuerdos significativos con Sunraycer Renewables para suministrar e instalar soluciones de almacenamiento de energía en baterías y hasta 2 GWp de módulos solares de alta eficiencia para varios proyectos en Texas. Los acuerdos incluyen la entrega de 188 MWh DC para el proyecto Gaia en el condado de Navarro y 127 MWh DC para el proyecto Midpoint en el condado de Hill, programados para su puesta en marcha en el tercer trimestre de 2025. Estos proyectos utilizarán más de 60 contenedores de baterías SolBank 3.0 que cuentan con células de fosfato de litio-hierro de alta densidad y sistemas avanzados de gestión de baterías.
Además, Sunraycer desplegará hasta 2 GWp de los últimos módulos solares de alta eficiencia de Canadian Solar, ofreciendo hasta un 85% de bifacialidad y una eficiencia del módulo del 23,3%. Esta colaboración tiene como objetivo mejorar la estabilidad de la red y apoyar la transición energética limpia de Texas.
El CEO de Sunraycer, David Lillefloren, y el presidente de e-STORAGE, Colin Parkin, destacaron la importancia de estos proyectos para proporcionar electricidad sostenible, limpia y asequible a la red.
캐나다 솔라 주식회사 (NASDAQ: CSIQ)는 텍사스의 다양한 프로젝트를 위해 썬레이서 재생 가능 에너지와 배터리 에너지 저장 솔루션 공급 및 설치에 관한 세 가지 중요한 협약을 발표했습니다. 이 협약에는 나바로 카운티에 위치한 가이아 프로젝트를 위한 188 MWh DC와 힐 카운티의 미드포인트 프로젝트를 위한 127 MWh DC의 공급이 포함되어 있으며, 이들은 2025년 3분기에 가동될 예정입니다. 이 프로젝트들은 고밀도 리튬-철-인 배터리 셀과 첨단 배터리 관리 시스템이 특징인 60개 이상의 솔뱅크 3.0 배터리 컨테이너를 사용할 것입니다.
또한, 썬레이서는 캐나다 솔라의 최신 고효율 태양광 모듈을 최대 2 GWp까지 설치할 예정이며, 이 모듈들은 최대 85%의 양면성과 23.3%의 모듈 효율성을 제공합니다. 이 협력은 전력망 안정성을 향상시키고 텍사스의 청정 에너지 전환을 지원하는 것을 목표로 합니다.
썬레이서의 CEO인 데이비드 릴레플로렌과 e-STORAGE의 회장인 콜린 파킨은 이 프로젝트들이 지속 가능하고 깨끗하며 저렴한 전기를 전력망에 제공하는 데 중요한 역할을 한다고 강조했습니다.
Canadian Solar Inc. (NASDAQ: CSIQ) a annoncé trois accords significatifs avec Sunraycer Renewables pour fournir et mettre en service des solutions de stockage d'énergie par batterie et jusqu'à 2 GWp de modules solaires à haute efficacité pour divers projets au Texas. Les accords incluent la livraison de 188 MWh DC pour le projet Gaia dans le comté de Navarro et de 127 MWh DC pour le projet Midpoint dans le comté de Hill, prévus pour être mis en service au troisième trimestre de 2025. Ces projets utiliseront plus de 60 conteneurs de batteries SolBank 3.0 avec des cellules en phosphate de lithium-fer et des systèmes avancés de gestion des batteries.
En outre, Sunraycer déploiera jusqu'à 2 GWp des derniers modules solaires à haute efficacité de Canadian Solar, offrant jusqu'à 85% de bifacialité et une efficacité de module de 23,3%. Cette collaboration vise à améliorer la stabilité du réseau et à soutenir la transition énergétique propre au Texas.
Le PDG de Sunraycer, David Lillefloren, et le président d'e-STORAGE, Colin Parkin, ont souligné l'importance de ces projets pour fournir une électricité durable, propre et abordable au réseau.
Canadian Solar Inc. (NASDAQ: CSIQ) hat drei bedeutende Vereinbarungen mit Sunraycer Renewables angekündigt, um Lösungen zur Energiespeicherung in Batterien sowie bis zu 2 GWp hoch effiziente Solarmodule für verschiedene Projekte in Texas zu liefern und in Betrieb zu nehmen. Die Vereinbarungen beinhalten die Lieferung von 188 MWh DC für das Gaia-Projekt im Navarro County und 127 MWh DC für das Midpoint-Projekt im Hill County, die für das dritte Quartal 2025 anvisiert sind. Diese Projekte werden mehr als 60 SolBank 3.0 Batteriekontainer nutzen, die mit hochdichten Lithium-Eisen-Phosphat-Zellen und fortschrittlichen Batteriemanagementsystemen ausgestattet sind.
Zusätzlich wird Sunraycer bis zu 2 GWp der neuesten hoch effizienten Solarmodule von Canadian Solar einsetzen, die eine Bifacialität von bis zu 85% und eine Modul-Effizienz von 23,3% bieten. Diese Zusammenarbeit zielt darauf ab, die Netzstabilität zu verbessern und den Übergang zu sauberer Energie in Texas zu unterstützen.
Der CEO von Sunraycer, David Lillefloren, und der Präsident von e-STORAGE, Colin Parkin, hoben die Bedeutung dieser Projekte hervor, um nachhaltige, saubere und erschwingliche Elektrizität in das Netz zu integrieren.
- Canadian Solar secured agreements to supply 315 MWh DC of battery energy storage solutions and up to 2 GWp of solar modules.
- The projects will enhance grid stability and support Texas's clean energy transition.
- The Gaia and Midpoint projects will use the latest SolBank 3.0 battery containers, ensuring high performance and reliability.
- None.
Insights
This major energy storage deal significantly strengthens Canadian Solar's position in the important Texas market. The 315 MWh DC combined storage capacity across two projects will provide critical grid stability services in a region prone to extreme weather events. The deployment of 60+ SolBank 3.0 containers demonstrates strong commercial validation of their latest storage technology, featuring advanced thermal management important for Texas's challenging climate.
The strategic importance of these projects extends beyond their immediate scope - they expand e-STORAGE's U.S. portfolio to over 6 GWh, establishing a robust track record in one of the world's largest energy storage markets. The timing for Q3 2025 commissioning aligns well with Texas's growing need for grid reliability solutions.
The up to 2 GWp module supply agreement represents a substantial commercial win for Canadian Solar's high-efficiency panel business. The 725 Wp modules with
The integrated nature of this deal - combining both solar and storage - showcases Canadian Solar's strategic advantage as a full-solution provider, which should help secure similar large-scale contracts in the future.
Under the agreements, e-STORAGE, Canadian Solar's subsidiary specializing in the design, manufacturing, and integration of battery energy storage systems, will deliver 188 MWh DC to the Gaia project, located in
Collectively, the two
Sunraycer's various upcoming projects will deploy up to 2 GWp of Canadian Solar's latest high-efficiency solar modules, with power outputs of up to 725 Wp. These modules offer up to
David Lillefloren, CEO of Sunraycer, commented, "As Sunraycer continues to grow and evolve its portfolio and pipeline, we are thrilled to be working with Canadian Solar as its preferred solar panel supplier for Sunraycer's entire current portfolio and with e-STORAGE on Sunraycer's initial tranche of energy storage projects. Canadian Solar is a proven market leader in renewable energy, and their equipment will help ensure Sunraycer is executing on its mission of delivering solar and battery projects that meet or exceed their performance goals while providing sustainable, clean, and affordable electricity to the grid."
Colin Parkin, President of e-STORAGE, stated, "We are excited to strengthen our presence in
Thomas Koerner, Corporate Senior Vice President of Canadian Solar, added, "We are proud to work with Sunraycer on this up to 2 GWp multi-year partnership. This agreement is a testament to our mutual commitment to delivering and building high-quality solar and energy storage capacity in
About Sunraycer Renewables LLC
Sunraycer is a rapidly growing,
About Canadian Solar Inc.
Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener,
About e-STORAGE
e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in designing, manufacturing, and integrating battery energy storage systems for utility-scale applications. e-STORAGE offers proprietary battery energy storage solutions, comprehensive EPC services, and innovative solutions aimed at improving grid operations. Currently, e-STORAGE operates two fully automated, state-of-the-art manufacturing facilities with an annual battery production capacity of 20 GWh. For more info, please refer to the Media&PR section of www.csestorage.com and follow our LinkedIn page.
Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar power and battery energy storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage; future available supplies of silicon, solar wafers and lithium cells; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as China, the U.S., Europe, Brazil and Japan; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 26, 2024. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
SUNRAYCER MEDIA INQUIRIES
Josh
Prosek Partners
jclarkson@prosek.com
CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations Canadian Solar Inc.
investor@canadiansolar.com
e-STORAGE MEDIA INQUIRIES
Simona Marginean
e-STORAGE Marketing Manager
simona.marginean@csestorage.com
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SOURCE Canadian Solar Inc.
FAQ
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