CATL and Canadian Solar subsidiary CSI Solar to collaborate on battery storage, ‘innovative renewable energy tech’

By Sean Rai-Roche
Share on linkedin
LinkedIn
Share on twitter
Twitter
Share on reddit
Reddit
Share on facebook
Facebook
Share on email
Email
CATL is one of the biggest suppliers of lithium-ion batteries to the global energy storage industry. Image: Andy Colthorpe / Solar Media.

Canadian Solar subsidiary CSI Solar has signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co. Ltd. (CATL) that will focus on energy storage and renewable energy technology.

Announced on 24 November, the agreement will see the companies cooperate on battery energy storage system (BESS) solutions, the supply of lithium-ion battery modules, operation and maintenance (O&M) services of battery storage projects and “innovative renewable energy technology”. 

“Global demand for battery storage is increasing dramatically under the backdrop of reaching net-zero emission goals,” said CATL vice president Tan Libin. “Our competitive advantage is on delivering highly innovative, efficient, competitive, and safe batteries across various applications, while Canadian Solar is an early mover and one of the key players in the global battery energy storage business.”

Shawn Qu, Canadian Solar’s chairman and CEO, said the partnership would “support the rapid growth of our battery storage businesses”.

“The partnership leverages CATL’s innovative battery storage technology and our global reach and experience to provide best-in-class battery storage solutions to our customers,” Qu said.

Canadian Solar has a global battery storage pipeline of 21GWh, including 2.9GWh under construction, according to a company media release.

The PV module manufacturer recently announced it was halting solar cell expansions and will instead ramp up module assembly plans in response to solar cell overcapacity and high module demand.

This story first appeared on PV Tech.

Read Next

January 20, 2022
The engineering, procurement and construction (EPC) team at international construction firm Burns & McDonnell has brought online 60MWh of battery energy storage systems (BESS) in West Texas.
January 20, 2022
Fluence is forming a new company with independent power producer (IPP) ReNew Power, aimed at providing energy storage solutions in India.
January 19, 2022
A major supply deal and exchange of energy storage system (ESS) technologies and components has been agreed between Honeywell and Norwegian lithium-ion battery manufacturing startup FREYR Battery. 
January 17, 2022
An Indian government scheme to support domestic battery manufacturing received bids totalling 130GWh of proposals, more than double the anticipated 50GWh of capacity the incentives will support. 
January 17, 2022
The start of work on a hybrid renewable energy project combining large-scale wind power, solar PV and energy storage, marks “an important moment in South Australia’s clean energy transition,” the state’s energy minister has said. 

Most Popular

Email Newsletter